HONG KONG (Reuters) - UBS AG expects "strong growth" in revenue at motor racing business Formula One in coming years, driven by an increase in the number of races and rising advertising and sponsorship sales, a research note seen by Reuters on Wednesday showed.
Revenue should grow 9.2 percent a year from 2011 to 2016, climbing to $2.37 billion (1.51 billion pounds) from $1.52 billion over that period, UBS analysts estimated in the report dated May 21.
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