News Details
Norwegians could look to offload F1 stake
Norway's sovereign wealth fund has confirmed that it will look to sell its stake in F1 should both its own problems and those affecting the sport in general not be addressed.Questions were raised in the national parliament last week asking whether the fund had violated its remit by joining US-based investors BlackRock and Waddell & Reed in acquiring a $1.6bn stake in F1 last May. Although the purchase appeared to be in good faith at the time, F1's decision to cancel its proposed stock market flotation put the fund's holding in jeopardy as it is only permitted to acquire a stake in an unlisted company if it plans an initial public offering. While Norges Bank Investment Management admits...
Full Story »
Full Story »
You May Also Be Interested In...
CEO of Norway wealth fund admits mistakes made when...
CEO of Norway wealth fund admits mistakes made when buying F1 stake 11...
11y ago from GrandPrix247.com
Norwegian F1 investment under scrutiny
The acquisition of a stake in F1 by Norwegian sovereign fund Norges Bank...
11y ago from Crash.net
Ecclestone believes his demise will hurt Formula 1
Ecclestone believes his demise will hurt Formula 1 10 March, 2014 Bernie...
11y ago from GrandPrix247.com
Prosecutors escalate F1 corruption investigation
German prosecutors have accelerated their investigation into alleged...
11y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Fernando Alonso: No normal person could achieve what...
No description available...
4h ago from Motorsport.com
MotoGP breaks attendance records in 2025; only two...
No description available...
1d ago from Motorsport.com
Motorsport Week's Top 10 MotoGP riders of 2025
The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...
2d ago from MotorsportWeek.c...
22 MotoGP rounds are “too many for the body”,...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
1w ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
1d ago from Motorsport.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
4d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'It was an unbelievable performance' - Martin Odegaard...
Arsenal captain Martin Odegaard heaped praise on teammate Declan Rice...
58m ago from SportsKeeda.com
Arsenal fan Anne Hathaway shares cheeky 'Owen goal'...
Arsenal fan Anne Hathaway shared a social media message referencing...
1h ago from SportsKeeda.com
'He's maybe one we should have tried to grab' - Steven...
Liverpool legend Steven Gerrard believs the club made a mistake by not...
1h ago from SportsKeeda.com
Arsenal 2-1 Brighton: Gunners go back on top after...
Match report – Player ratings – Arteta reaction – Video...
9h ago from Arseblog.com
Comments
Hottest News
Legendary F1 circuit undergoes renovations and it could be...
New photos have been released regarding the... Read More »
38m ago from GPFans.com
F1: FIA closing another loophole?
Amidst concern over manufacturers are taking... Read More »
5h ago from Pitpass.com
Sebastian Vettel reveals what helped Charles Leclerc gain...
Sebastian Vettel has claimed that Ferrari's... Read More »
3h ago from MotorsportWeek.com
