News Details
US-Qatari consortium eyeing F1 stake bid
A US-Qatari led consortium is reportedly closing in on a deal to purchase a sizeable stake in Formula 1. British newspaper the Financial Times claims that RSE Ventures and Qatar Sports Investments are weighing up a bid for a 35 percent share of F1 from the CVC Capital Partners group, believed to be worth $7-8 billion US dollars. RSE Ventures is headed by Stephen Ross, the owner of the Miami Dolphins American Football team, while Qatar Sports Investments is part of the Qatar Investment Authority, the country’s sovereign wealth fund. The consortium is undertaking due diligence with a formal bid yet to be tabled. Formula 1 boss Bernie Ecclestone claims to be unaware of any forthcoming deal...
Full Story »
Full Story »
9y ago from SpeedCafe.com
0
You May Also Be Interested In...
US-Qatar group reportedly in F1 bid
The owner of the Miami Dolphins American football team is reportedly...
9y ago from BBC.co.uk
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
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
US-Qatar led group looking to bid for control of F1
An American-Qatari led investment and sporting group is looking to buy a...
9y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha or Honda - Who has made the most progress in...
No description available...
15h ago from Motorsport.com
Jorge Martin admits 'huge challenge' to win MotoGP...
Reigning world champion Jorge Martin admits it will be a “huge...
15h ago from MotorsportWeek.c...
Should MotoGP follow WSBK and let sprint races decide...
No description available...
1d ago from Motorsport.com
Maverick Vinales: ‘I’d already be MotoGP...
Maverick Vinales believes he would have already become a MotoGP world...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Marco Andretti secures ride for 20th Indy 500 start
Andretti Global confirmed on Tuesday that it will field a fourth car in...
2d ago from MotorsportWeek.c...
The spotlight is now on IndyCar, Indy NXT as both...
No description available...
3d ago from Motorsport.com
IndyCar considering Denver and Mexico races for future...
No description available...
3d ago from Motorsport.com
Conor Daly finally returns full time for 2025 with...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Al-Attiyah stripped of Dakar Stage 5 win after spare...
No description available...
16h ago from Motorsport.com
M-Sport targets more WRC entries at selected events in...
No description available...
17h ago from Motorsport.com
Dacia gives up: Loeb to return home after Dakar exit
No description available...
1d ago from Motorsport.com
Dakar 2025, Stage 5: Al-Attiyah stretches muscles to...
No description available...
17h ago from Motorsport.com
Popular On GunnersToday.com
FA Cup third round: 10 things to look out for this...
rington face the ultimate test, long throws await Spurs and there’s a...
5h ago from TheGuardian.com
'The future is in safe hands', 'Haven't seen a player...
No description available...
8h ago from SportsKeeda.com
Arsenal confirm second January transfer as 21-year-old...
Arsenal confirm that Brazilian attacker Marquinhos has joined Cruzeiro on...
12h ago from SportsMole.co.uk
'This is a very difficult tie for them' - Chris Sutton...
No description available...
11h ago from SportsKeeda.com
Comments
Hottest News
Ricciardo return option emerges as axed F1 star lands...
Daniel Ricciardo has been tipped to make a shock... Read More »
6h ago from GPFans.com
Ricciardo F1 return emerges as axed star tipped for shock...
Daniel Ricciardo has been tipped to make a shock... Read More »
9h ago from GPFans.com
Ferrari chief move announced in huge statement after...
A senior figure at Ferrari has made a major move... Read More »
12h ago from GPFans.com
