News Details
CVC 'not pursuing' sale of F1 says Ecclestone
Formula One boss Bernie Ecclestone says that the sport's owner, the private equity firm CVC, is not actively looking at selling its controlling stake according to an article in the Daily Telegraph by Christian Sylt.CVC is the single-biggest shareholder in F1 and holds a 35% stake. It invested in the sport in 2005 and, as Pitpass revealed in July, it has to sell up by 2018 at the latest. However, recent reports suggested that it has fast-tracked its plans.CVC hoped to float F1 on the Singapore stock exchange in 2012 but the Eurozone crisis put the brakes on its plan. It stayed in the pits as the prospect of a bribery trial in Munich hung over Ecclestone. However, the clouds cleared in...
Full Story »
Full Story »
11y ago from Pitpass.com
0
You May Also Be Interested In...
Fox Sports and Star Sports extend F1 agreement in...
Fox SportsFox Sports and Star Sports will continue their exclusive...
11y ago from Formula1.com
Fox Sports and Star Sports extend...
Fox SportsFox Sports and Star Sports will continue their exclusive...
11y ago from Formula1.com
Fox Sports and Star Sports extend...
Fox Sports and Star Sports will continue their exclusive broadcast of the...
11y ago from Formula1.com
Ecclestone denied return to F1 board
Fresh doubt is being cast over Bernie Ecclestone's F1 reign.
News is...
11y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
VR46 boss defends Franco Morbidelli after...
VR46 Ducati Team Manager Pablo Nieto has defended Franco Morbidelli...
14h ago from MotorsportWeek.c...
Valentino Rossi’s VR46 team launches 2026 MotoGP...
No description available...
17h ago from Motorsport.com
VR46 Ducati launches 2026 MotoGP livery
Pertamina Enduro VR46 Ducati presented its newest livery for the 2026...
17h ago from MotorsportWeek.c...
Why Fermin Aldeguer’s injury comes at the worst...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
11h ago from Motorsport.com
Escotto confirmed by Juncos Hollinger Racing for 2026...
No description available...
1d ago from Motorsport.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
4d ago from Motorsport.com
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Dakar 2026, Stage 10: Mathieu Serradori wins as Nasser...
No description available...
17h ago from Motorsport.com
KTM star Daniel Sanders snaps collarbone while leading...
No description available...
16h ago from Motorsport.com
Dakar 2026, Stage 9: Ford takes 1-2 in overall...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'He's been so sus', 'Genuinely awful' - Arsenal fans...
Arsenal fans were unimpressed with Ben White’s performance during the...
4h ago from SportsKeeda.com
‘I’m accountable’: Rosenior deflects blame from...
t;li>Goalkeeper made two key errors as Arsenal won 3-2Mikel Arteta...
5h ago from TheGuardian.com
Watch: Martin Zubimendi and Enzo Fernandes involved in...
Arsenal secured a vital 3-2 victory over Chelsea at Stamford Bridge in the...
6h ago from CaughtOffside.com
Sánchez errors hand Arsenal first-leg lead despite...
was the latest display of Arsenal’s power and aggression, their...
6h ago from TheGuardian.com
Comments
Hottest News
Mercedes reportedly facing issues with their 2026 Formula 1...
As we close in on the start of the 2026 Formula 1... Read More »
14h ago from GrandPrix247.com
Yuki Tsunoda leaves fans devastated after hints he has...
Remember being 14 years old and communicating... Read More »
7h ago from GPFans.com
Audi chief issues strong Ferrari criticism as Verstappen...
Check out the biggest stories from Wednesday,... Read More »
8h ago from RacingNews365.com
