News Details
US-Qatar led group looking to bid for control of F1
An American-Qatari led investment and sporting group is looking to buy a majority stake in Formula 1 according to well-placed sources. Stephen Ross, owner of the Miami Dolphins American football team and RSE Ventures, is working with investors from Qatar to bid for CVC Capital Partners' 35.5 per cent stake in the holding company that currently owns F1. It's believed the deal could be worth upwards of $8 billion (£5bn) according to The Financial Times. Both CVC and RSE Ventures declined to comment on the reports, whilst Qatar Sports Investments was unavailable for comment. The move, if successful, could see F1 build a stronger presence in the American market, something which...
Full Story »
Full Story »
9y ago from GrandPrixTimes.com
0
You May Also Be Interested In...
US group teaming up with Qatar to buy a major stake in...
Miami Dolphins owner Stephen Ross bidding F1 stake RSE Ventures is...
9y ago from ThisIsF1.com
US-Qatar group reportedly in F1 bid
The owner of the Miami Dolphins American football team is reportedly...
9y ago from BBC.co.uk
Qatar, RSE teaming up to buy F1 stake
RSE Ventures is teaming up with Qatar to buy a 35.5 percent stake in the...
9y ago from SuperSport.com
Qatar and Miami Dolphins owner tipped for F1 bid
American investment company RSE Ventures – whose chief owns the Miami...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
KTM creditors file claims of 2.2 billion in court...
No description available...
12h ago from Motorsport.com
KTM's survival prospects improve with 900 million...
KTM's survival prospects have taken a positive turn following the news...
13h ago from MotorsportWeek.c...
Stefan Pierer steps aside as KTM chief ahead of...
No description available...
16h ago from Motorsport.com
Tech analysis: The secrets behind Aprilia’s 2025...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar takes over promotion of Nashville event
IndyCar’s Music City Grand Prix will be promoted internally by IndyCar...
1d ago from MotorsportWeek.c...
Juncos Hollinger shows off new-look livery for 2025...
Juncos Hollinger Racing unveiled a new look for the 2025 NTT IndyCar...
2d ago from MotorsportWeek.c...
Scott McLaughlin on track to repeat Supercars success...
After spending the last four years moving up the ranks in the NTT IndyCar...
2d ago from MotorsportWeek.c...
Christian Lundgaard hails ‘pure racing’ aspect of...
Christian Lundgaard is beginning his fourth full season driving in the...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Monte master Sebastian Ogier leads after tricky Friday
Chasing his record-breaking 10th Rallye Monte Carlo victory, Sebastian...
5h ago from MotorsportWeek.c...
WRC Monte Carlo: Evans leads Ogier after drama strikes...
No description available...
13h ago from Motorsport.com
WRC Monte Carlo: Evans spin hands Ogier lead, Neuville...
No description available...
8h ago from Motorsport.com
WRC Monte Carlo: Stage five cancelled due to spectator...
No description available...
15h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal's Oleksandr Zinchenko offered La Liga escape...
Arsenal defender Oleksandr Zinchenko reportedly emerges as a potential...
52m ago from SportsMole.co.uk
Arsenal transfer news: Gunners 'advancing' in talks to...
Arsenal are reportedly advancing in talks to sign Rosengard youngster...
1h ago from SportsMole.co.uk
Report: Man United to miss out on 18-year-old...
Arsenal are reportedly pursuing a deal to sign 18-year-old midfielder...
3h ago from CaughtOffside.com
Report: Aston Villa make shock entry into Matheus...
Wolverhampton Wanderers forward Matheus Cunha is attracting significant...
3h ago from CaughtOffside.com
Comments
Hottest News
Ferrari driver SNUB revealed as Hamilton debut mocked -...
A Formula 1 legend has revealed a Ferrari snub... Read More »
2h ago from GPFans.com
Incredible new Hamilton TATTOO revealed in Ferrari star’s...
Seven-time Formula 1 world champion Lewis... Read More »
3h ago from GPFans.com
Brundle reveals CRUSHING Ferrari driver snub
Formula 1 legend Martin Brundle has revealed a... Read More »
5h ago from GPFans.com
