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
Why Francesco Bagnaia is "not that worried"...
No description available...
51m ago from Motorsport.com
Jorge Lorenzo slams Yamaha riders including Fabio...
Five-time MotoGP champion Jorge Lorenzo slams Yamaha riders, particularly...
5h ago from MotorsportWeek.c...
The mountain Yamaha has to climb with its V4-powered...
No description available...
7h ago from Motorsport.com
Jorge Martin: Marco Bezzecchi was "on another...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Gallery: IndyCar kicks off 2026 season at St. Pete
Motorsport Week has exclusive images from the IndyCar curtain-raiser in...
19h ago from MotorsportWeek.c...
Alex Palou struck “perfection” in St. Petersburg
No description available...
21h ago from Motorsport.com
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
1d ago from MotorsportWeek.c...
Mick Schumacher's IndyCar debut ends in Lap 1 crash
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
6h ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
2d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Brighton vs Arsenal preview: Havertz and Odegaard...
No description available...
1h ago from SkySports.com
Referees get a hard time but they have got the big...
was right to disallow Tottenham’s goal in the north London derby and it...
2h ago from TheGuardian.com
'Book your tickets for Budapest' - Chelsea icon Joe...
Chelsea icon Joe Cole believes Arsenal can win this season’s UEFA...
31m ago from SportsKeeda.com
What do the latest club financial results tell us?
The Premier League's biggest clubs have recently published their financial...
3h ago from SkySports.com
Comments
Hottest News
F1 shake up sees 'parc ferme disappear' but only in one...
Yet another tweak to the F1 rules will be... Read More »
2h ago from GPFans.com
FIA make major F1 change ahead of 2026 Australian Grand Prix
The change will be in effect throughout the... Read More »
1h ago from RacingNews365.com
Former Michael Schumacher team-mate reveals awkward toilet...
A former colleague of seven-time F1 champion... Read More »
51m ago from GPFans.com
