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Teams cautious as F1 s 6.5bn sale to Liberty looms
Team bosses have reacted with some caution to the news that Bernie Ecclestone could be on his way out of Formula 1 should the sport's much mooted sale to the Liberty Group goes ahead as planned. Following speculation of an interested buyer in recent weeks, it is understood the Liberty Group is now very close to agreeing a contractl that would see it take control of the sport in a reported £6.5bn deal. The move would see equity firm CVC Capital Partners exit the sport. According to Auto Motor und Sport, Ecclestone has confirmed talks with the Liberty Group – owner of Virgin Media – are progressing well and close to completion, though it is unclear whether the deal will see Ecclestone...
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