Owner of the Formula 1 team AGS from March 1989 to 1991 , he swallowed $ 18 million and began selling activities of his group , about 70 companies : First Transair , then the sugar factory , sold to the Compagnie de Navigation Mixte , and in 1992 , the catalog of movies , lent to UGC in the form of a merger .
Owner of the Formula 1 team AGS from March 1989 to 1991 , he swallowed $ 18 million and began selling activities of his group , about 70 companies : First Transair , then the sugar factory , sold to the Compagnie de Navigation Mixte , and in 1992 , the catalog movies , lent to UGC in the form of a merger .