updated 4/28/2011 3:16:31 PM ET 2011-04-28T19:16:31

FORT LAUDERDALE, Fla., April 28, 2011 (GLOBE NEWSWIRE) -- Florida investor and entrepreneur John Mattera attended the Formula 1 Chinese Grand Prix in Shanghai last week, where he met famed Brazilian racer and Ferrari driver Felipe Massa.

Felipe Massa
Brazilian Ferrari driver Felipe Massa with investor and entrepreneur John Mattera.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9597

A video accompanying this release is available at http://www.youtube.com/watch?v=OsUDxNZ5jtQ

John Mattera is an avid Formula 1 supporter and Ferrari owner. He runs Money4F1, a sports club that dedicates a percentage of its ordinary income to the Formula 1 organization.

"The Chinese Grand Prix is one of the most exciting auto events of the year, and it was an honor to get a chance to meet and talk with Felipe Massa," said John Mattera. "Drivers like Felipe are the reason this sport enjoys such incredible international success, and I look forward to continuing to support Formula 1 any way I can."

John Mattera is an active member of the Ferrari Owners Club and an avid enthusiast of Ferrari automobiles. His 2011 Ferrari 599 GTO was built and designed by Michael Schumacher and is one of only a handful ever made. The GTO has only been produced twice before – once in the sixties and once in the mid-eighties. It is the fastest production car ever built by the company.

An emerging philanthropic leader in South Florida, John Mattera has attended several luxury car events this year, many in support of charitable causes, including: the Cavallino Classic, the Concours d'Elegance, and the 2011 Supercar Experience Panamerican Concours.

About John Mattera:

John Mattera is currently the Chairman and CEO of The Mattera Reserve, Inc. a Worldwide Private equity firm with investments in 23 countries. Together with The Mattera Reserve's partners, the company has backed many of the world's best entrepreneurial leaders. Mattera is also the Chairman of the Advisory Board for The Praetorian Global Fund, LTD, a newly formed investment firm combining the disciplines of traditional private equity, venture capital, and related debt and lending strategies to provide business-building solutions to growing firms across nearly all industries. Mr. Mattera also serves as the managing director of Wilshire Capital Partners Group, LTD. and XENIX Capital, LTD, two new private equity firms based in Luxembourg.

About Money4F1

Money4F1 is more than a club; it is the sports club that most represents Formula One racing and is also one of its greatest ambassadors. In order to set up international cooperation programs for development, the club contributes nearly .2 percent of its ordinary income to Formula 1.

About the Mattera Reserve:

Established in 2004, The Mattera Reserve is one of the world's leading merchant banks. The Mattera Reserve is a financial institution primarily engaged in offering financial services and advice to corporations and individual, as well as investing its own capital in client companies. Find out more: http://www.matterareserve.com/

About the Mattera Foundation:

The mission of The Mattera Foundation is to strengthen the community through bringing good people and good causes together to help ensure both the excellent stewardship of donor funds and the wise investment of grants in the communities that we serve. Our goals are to serve as a leader, catalyst, and resource for philanthropy. We aim to build and hold a permanent and growing endowment for the community's changing needs and opportunities. The Mattera Foundation strives for excellence in strategic grant making that benefits all citizens of our community in fields such as social services, education, health, the environment, and the arts. Find out more: www.thematterafoundation.com .

The Mattera Foundation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8237

CONTACT: Lisa Yigit

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved


Discussion comments


Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 3.79%
$30K home equity loan FICO 4.99%
$75K home equity loan FICO 4.69%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.83%
Cash Back Cards 17.80%
Rewards Cards 17.18%
Source: Bankrate.com