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F1 legend Niki Lauda buys back his own airline

Austrian racing driving legend Niki Lauda yesterday won a dramatic race for Niki, the airline he founded in 2003 and then ceded to the now-defunct Air Berlin. In a comeback reminiscent of his 1970s and 1980s Formula One heyday

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Niki Lauda
Niki Lauda

Austrian racing driving legend Niki Lauda yesterday won a dramatic race for Niki, the airline he founded in 2003 and then ceded to the now-defunct Air Berlin. In a comeback reminiscent of his 1970s and 1980s Formula One heyday, Niki's Austrian and German insolvency administrators said that the 68-year-old's third offer for the airline had been selected.

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