News Details

Ecclestone reveals a group of teams seeking to buy stake in F1

Bernie Ecclestone Formula 1 supremo Bernie Ecclestone on Wednesday revealed that a group of Formula 1 teams are seriously considering buying into the sport. It was reported in Bahrain that Ecclestone, who owns  five percent of Formula 1, was putting the group of teams together in a possible move to buy out the majority shareholder CVC. Ecclestone is facing trial in Germany later this month on bribery charges, and if convicted CVC has committed to standing him down. It is reported that fronting the prospective team shareholders could be a way for him to remain in control no matter the outcome in Munich. The 83-year-old told the Bloomberg news agency on Wednesday that a group of teams is...
Full Story »
2y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Formula 1 set for two new teams in 2015

There could be two new Formula 1 teams in 2015, according to Bernie...
2y ago from F1Zone.net

Ecclestone confirms two teams to join F1 grid in 2015

Bernie Ecclestone in Bahrain Formula 1 supremo Bernie Ecclestone has...
2y ago from GrandPrix247.com

The Alternative Review – Bahrain

Who would have thought that putting the race on a few hours later than...
2y ago from RichlandF1.com

Reaction round-up: Bahrain in-season test, day 1

Following Sunday's action-packed Bahrain Grand Prix, the Formula 1 teams...
2y ago from RichlandF1.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP: Roberts family feud ends up in court

Three-time 500 Grand Prix champion Kenny Roberts and son Kurtis Roberts...
12h ago from MotorcycleNews.c...

MotoGP: Rossi looking forward to track with ‘nice...

Valentino Rossi says he’s looking forward to returning to a track with...
11h ago from MotorcycleNews.c...

Dovizioso still in some pain after test crash

– Andrea Dovizioso admits he is still in "some pain"...
11h ago from GPUpdate.net

Marquez ready for unpredictable Silverstone

MotoGP World Championship leader Marc Marquez believes that at Silverstone...
1d ago from SuperSport.com

Popular On IndyCarToday.com

INDYCAR: Hinchcliffe, SPM penalized for domed skid...

IndyCar announced Wednesday that it had fined Schmidt Peterson...
4h ago from Racer.com

Graham Rahal prevails in epic Texas IndyCar finish

Graham Rahal staged a remarkable last lap pass to claim victory in the...
3h ago from SpeedCafe.com

INDYCAR: 'We're still in the game,' Kanaan says

Tony Kanaan admits that he's going to need a "little bit of...
5h ago from Racer.com

INDYCAR: Rossi considers Andretti-Herta extension

Indy 500 winner Alexander Rossi appears to have multiple options for 2017...
7h ago from Racer.com

Popular On TotalWRC.com

wrc.com interview: Jost Capito, Part 1

Advertising Sven Smeets, the man who will take over at Volkswagen from 1...
10h ago from WRC.com

TOP 5 HIGHLIGHTS ADAC RALLYE DEUTSCHLAND

TOP 5 HIGHLIGHTS ADAC RALLYE DEUTSCHLAND
14h ago from WRC.com

Solberg will contest French World RX round after...

Reigning World Rallycross champion Petter Solberg, who was involved in a...
1d ago from Motorsport.com

Smeets named new VW Motorsport boss

Belgian gets top job following Capito's departure
1d ago from WRC.com

Popular On GunnersToday.com

Twitter reacts hilariously to Arsenal man's loan switch

Is Jack Wilshere joining Bournemouth on loan the strangest deal you’ve...

34-cap international undergoing medical ahead of...

According to Sky Sports News, Arsenal midfielder Jack Wilshere is...

Mustafi: Arsenal move a step forward

al's new signing Shkodran Mustafi is looking forward to getting started...
13h ago from ESPNFC.co.uk

Arsenal midfielder Jack Wilshere joins Bournemouth on...

N FC's Paul Mariner gives his opinion on Arsene Wenger loaning out Jack...
4h ago from ESPNFC.co.uk

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.