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F1 sale decision expected in ‘next few months'

Bernie Ecclestone believes a decision will be made before the beginning of next season as to whether or not Formula 1 will be up for sale. In recent months several interested parties have stepped forward wishing to buy the sport from CVC Capital Partners, who own a controlling stake of 35.5 percent. The owner of the Miami Dolphins has reportedly teamed up with Qatar investors to put together a bid while German sports marketing media group Constantin Medien is also believed to be involved. Last month it was reported that a Chinese investment company China Media Capital had written to CVC requesting exclusive rights to negotiate with Ecclestone. CVC, though, has yet to make a decision on...
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9y ago from PlanetF1.com 0
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