OREANDA-NEWS. Boris Rotenberg sold his owned shares in "SGM" construction holding, that is 17 %, to his brother Arkady Rotenberg, who already owns 83 % stake in the company.

"I have decided to invest the funds from the sale into other businesses and projects for the development of sports in Russia," said Boris Rotenberg.

Let us bear in mind that Mr Rothenberg is the founder of SMP Racing program and the president of Dynamo Moscow FC. Within 2 years Russian racing drivers - participants of SMP Racing program - became European and world champions, winning both individual and team championships. It is the first time ever that Russia was such a success in the world motor racing sport. Dynamo Moscow FC is now placed third in Russian Championship. Besides, this season the club has reached the Europa League play-off round.