News Details

F1 sale could happen this year, says Ecclestone

Bernie Ecclestone says that three parties are interested in buying into Formula 1 – and he expects a deal to go through before the end of this year. As Motorsport.com reported in June, Qatari Sports Investments and US financial group RSE Ventures – headed by Stephen Ross – had shown an interest in buying 35.5 percent of the Formula 1 Group from the CVC Capital Partners, the current major shareholder. Ecclestone was speaking by telephone to the Camp Beckenbauer sports business forum on Tuesday, when he was asked about interest from Qatar. “Our shareholders at the moment are in such a position at the moment where they have to lose some of their shares, or all of them, shortly,”...
Full Story »
10y ago from Motorsport.com 0
Share

You May Also Be Interested In...

Mansell: ‘I could match Hamilton's lap times'

Former Formula One world champion Nigel Mansell has claimed that he would...
10y ago from FormulaSpy.com

Ecclestone not worried about EU complaint by F1 teams

Force India, Sauber and the European Commission have all confirmed...
10y ago from GrandPrix247.com

Ecclestone: I thought Mercedes and Red Bull had a deal

It appears that Red Bull have snookered themselves out of engine options...
10y ago from GrandPrix247.com

Haas "surprised" to have landed Grosjean's...

Gene Haas has admitted he did not expect to sign a driver of Romain...
10y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

A good Sunday leaves Arsenal in good shape

Morning. Well, that turned out to be a very good weekend for Arsenal, all...
4h ago from Arseblog.com

Player ratings: Fulham 0-1 Arsenal

Arsenal retained their place at the top of the Premier League following a...
12h ago from FreshArsenal.com

Jamie Redknapp is full of praise for 'fabulous'...

In a performance that reaffirmed his growing importance at Arsenal, Bukayo...
20h ago from CaughtOffside.com

“I want to play football!” - Months after contract...

Former Arsenal defender Takehiro Tomiyasu recently shared a message on his...
1w 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.