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Ecclestone admits F1 owner CVC could sell the sport
Bernie Ecclestone has admitted it is possible F1 owner CVC will sell the sport. The Financial Times and Reuters are reporting that a company headed by American football club Miami Dolphins owner Stephen Ross, and backed by Qatar's sports investment arm, is preparing to launch a $8 billion takeover bid. 'My shares will be sold together with theirs,' F1 supremo Ecclestone confirmed. Amid all the talk about F1's dwindling popularity, CVC chief Donald Mackenzie attended the recent Austrian grand prix, and Ecclestone says he has also been approached by 'three or four' potential bidders for the rights. 'I have no idea whether any of these people have got closer with this, but CVC are in the...
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9y ago from ThisIsF1.com
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