Faldo hands over reins of business and reaps reward on the course
Faldo carded a first-round 65, six under par, at St Nom La Breteche to claim a share of second place, just one shot off the lead held by Germany's Alex Cejka.
The launch of the Nick Faldo Golf Company was indefinitely postponed on Monday and the 45-year-old has handed the running of his business affairs to management company IMG.