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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,”...
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10y ago from Motorsport.com
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