valuation

Optimism over AI has sent tech company valuations sky-high -- leading to fears of a bubble and fuelling recent stock market volatility.

Blame persistent concerns about AI and tech valuations, which helped to drag down the rest of the market.

Analysts attributed the drop to, in part, concern about AI valuations.

The valuation put on this deal is a measure of the growth in F1 over the past few years, which is being reflected in the perceived value of teams.

A VOA spokesperson told the BBC it had engaged with Eurotunnel and their advisers "on multiple occasions over the past eighteen months to discuss their valuation and fully explain our approach".