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More bidders join race to buy Formula 1
More bidders have reportedly joined the race to buy Formula 1. Last week, it emerged that the sport's controlling shareholder, CVC, as well as Bernie Ecclestone could sell their respective stakes to a consortium involving Miami Dolphins owner Stephen Ross and Qatar's sports investment arm. But F1 supremo Ecclestone hinted that they might not be alone, as 'three or four' potential bidders are in fact interested in the commercial rights. Now, the Sunday Times reports that the broadcaster Sky is among them, backed by American billionaire John Malone of the international telcom Liberty Global. Sources told the report that Sky-Liberty 'have held informal discussions with CVC about a deal',...
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10y ago from GrandPrix247.com
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