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 »
Share

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...
10y ago from ThisIsF1.com

US-Qatar group reportedly in F1 bid

The owner of the Miami Dolphins American football team is reportedly...
10y 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...
10y ago from SuperSport.com

Qatar and Miami Dolphins owner tipped for F1 bid

American investment company RSE Ventures – whose chief owns the Miami...
10y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Why McLaren is suing reigning IndyCar champion for $20...

The court case centred on McLaren Racing and 2025 IndyCar Champion Alex...

Lochie Hughes secures IndyCar reserve role with...

Andretti Global has announced a continued partnership with Lochie Hughes...

IMSA’s AO Racing considering expansion, possibly...

AO Racing, one of the more popular teams racing in IMSA currently, is...

Five IndyCar teams jump start offseason testing at...

Five different IndyCar teams completed a test at Mid-Ohio Sports Car...

Popular On TotalWRC.com

Popular On GunnersToday.com

Martin Odegaard's injury opens door for one Arsenal...

Arsenal have been delivered a significant blow after confirmation that...
3h ago from CaughtOffside.com

'Wasn’t the right match' – Arsenal summer...

Arsenal summer signing Christian Norgaard has made a surprise admission...
4h ago from CaughtOffside.com

Arsenal expect Martin Ødegaard to miss six weeks with...

t;li> Captain could return for November’s north London derby Eberechi...
6h ago from TheGuardian.com

“He laughed and said” - Jack Wilshere reveals what...

Former Arsenal midfielder Jack Wilshere has revealed that he reached out...
8h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.