News Details
Ecclestone may sell F1 stake
Ecclestone faces a court case in Germany next month Sutton Images Enlarge Bernie Ecclestone has revealed he plans to sell his 5.3% stake in Formula One when private equity firm CVC, the controlling shareholder, exits the business. CVC currently holds a 35% stake but their plan to exit in an Initial Public Offering (IPO) on the Singapore stock exchange in 2012 was put on hold by the eurozone crisis, while Ecclestone's bribery charges have also delayed matters. "If I sell I would sell with CVC. If somebody wants to buy CVC's shares but doesn't need mine then I will keep them," Ecclestone said. Next month Ecclestone goes on trial for allegedly paying part of a $44 million bribe to...
Full Story »
Full Story »
11y ago from espnF1.com
0
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
India GP problems money related says Ecclestone
The promoter of India's beleaguered formula one race breached its...
11y ago from GrandPrix.com
Lauda fears Formula 1 facing giant hole without...
Niki Lauda with Bernie Ecclestone Niki Lauda has revealed that he is...
11y ago from GrandPrix247.com
Indian GP problems money related says Ecclestone
Indian GP problems money related says Ecclestone 12 March, 2014 Bernie...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Johann Zarco held “open discussions” with Honda...
No description available...
5h ago from Motorsport.com
Fabio Quartararo: Yamaha hasn’t made any “big...
No description available...
8h ago from Motorsport.com
MotoGP takes another step toward F1 to eliminate team...
No description available...
1d ago from Motorsport.com
The hidden backroom crew that helped Ducati Lenovo...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Lochie Hughes secures IndyCar reserve role with...
Andretti Global has announced a continued partnership with Lochie Hughes...
2d ago from MotorsportWeek.c...
IMSA’s AO Racing considering expansion, possibly...
AO Racing, one of the more popular teams racing in IMSA currently, is...
5d ago from MotorsportWeek.c...
Five IndyCar teams jump start offseason testing at...
Five different IndyCar teams completed a test at Mid-Ohio Sports Car...
1w ago from MotorsportWeek.c...
Mick Schumacher to make IndyCar test debut with Rahal...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanpera quits rallying
Toyota Gazoo Racing World Rally Team driver Kalle Rovanperä has...
13h ago from MotorsportWeek.c...
Kalle Rovanpera to leave WRC for Super Formula in 2026
No description available...
14h ago from Motorsport.com
‘Aiming for the highest level possible’ - Why...
No description available...
13h ago from Motorsport.com
Thierry Neuville insists 2025 WRC Hyundai has “more...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'The deal was done…': Man United almost beat...
Manchester United were close to winning the race for Viktor Gyokeres in...
2h ago from CaughtOffside.com
Episode 848 – Oh dear, we're quite good
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
8h ago from Arseblog.com
Jamie Carragher explains what Liverpool and Manchester...
Premier League legend Jamie Carragher believes Liverpool and Manchester...
8h ago from SportsKeeda.com
'It's quite funny' - Michael Owen makes feelings clear...
Former Liverpool and England hero Michael Owen has offered his opinion on...
9h ago from SportsKeeda.com
Comments
Hottest News
Fernando Alonso 'scared to drive' for McLaren during heated...
Spanish F1 journalist Antonio Lobato has revealed... Read More »
2h ago from GPFans.com
Petronas chief apologises after Singapore GP podium...
Petronas CEO Tengku Muhammad Taufik has issued an... Read More »
2h ago from GPFans.com
Daniel Ricciardo tipped for dream McLaren role after...
F1 icon Daniel Ricciardo's axing by McLaren back... Read More »
1h ago from GPFans.com
