News Details
FIA guaranteed income from F1 stake deal?
Yesterday Pitpass' business editor Christian Sylt revealed that if Formula One finally floats on the stock market the FIA will get a 1% stake in it. The shares are part of a package of benefits offered by Bernie Ecclestone in return for the FIA coming to an agreement on a new Concorde Agreement - commercial terms which will be in force until the end of 2020. The big question is whether the FIA will ever get income from the stake.An Initial Public Offering (IPO) of shares in F1 has been planned since the late 1990s when it ended up in the pits. It was thought that it didn't get the green light because of an anti-competition investigation by the European Commission but in recent court...
Full Story »
Full Story »
12y ago from Pitpass.com
0
You May Also Be Interested In...
FIA to bank $120-million for tiny ownership stake in...
FIA to bank $120-million for tiny ownership stake in Formula 1 12...
12y ago from GrandPrix247.com
Quantum deal done; Hulk linked
Quantum Motorsports Chief Executive Mansoor Ijaz has confirmed the...
12y ago from PlanetF1.com
Ecclestone gives £75m F1 stake to the FIA
Back in September the FIA announced that 'the framework for...
12y ago from Pitpass.com
FIA to take $120m F1 ownership stake
The FIA is set to take a 1 per cent ownership stake in formula one....
12y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP announces Qatar round postponed until November
MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...
22h ago from MotorsportWeek.c...
MotoGP postpones Qatar GP to November due to Middle...
No description available...
22h ago from Motorsport.com
MotoGP working on rescheduling Qatar GP amid Iran war
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Rough and tumble weekend dampens Josef Newgarden’s...
Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
8h ago from MotorsportWeek.c...
Kirkwood "currently the biggest threat" to...
No description available...
11h ago from Motorsport.com
Official race results: 2026 IndyCar Grand Prix of...
No description available...
14h ago from Motorsport.com
Alex Palou “never felt safe” during Grand Prix of...
No description available...
12h ago from Motorsport.com
Popular On TotalWRC.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
14h ago from Motorsport.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
18h ago from Motorsport.com
WRC Safari Rally Kenya: Takamoto Katsuta scores...
No description available...
20h ago from Motorsport.com
Taka-San: King of Kenya
At the 94th time of asking, Takamoto Katsuta and co-driver Aaron Johnston...
20h ago from MotorsportWeek.c...
Popular On GunnersToday.com
Report: Arsenal join race for 70 million centre-back...
Arsenal have reportedly joined a growing list of clubs interested in RB...
1h ago from CaughtOffside.com
We can just enjoy it, Mikel Arteta has to think about...
Morning all. How was your Sunday? Did you watch the replays again? And...
1h ago from Arseblog.com
John Terry claims Arsenal have a player who reminds...
John Terry has claimed that Arsenal wonderkid Max Dowman reminds him of...
9h ago from CaughtOffside.com
10 youngest goal scorers in Premier League as Arsenal...
On March 14, 2026, Arsenal prodigy Max Dowman etched his name into the...
11h ago from SportsKeeda.com
Comments
Hottest News
Verstappen says new F1 will ‘ruin the sport'
Mar.16 Max Verstappen has delivered his most... Read More »
1h ago from OneStopStrategy.com
Lewis Hamilton podium isn't to be celebrated as Ferrari...
There were plenty of smiles on Lewis Hamilton's... Read More »
37m ago from GPFans.com
Hamilton credits Ferrari ‘listening' for '26 revival
Mar.16 Lewis Hamilton says he is back to his... Read More »
1h ago from OneStopStrategy.com
