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 »
11mo 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...
11mo ago from F1Zone.net

Ecclestone confirms two teams to join F1 grid in 2015

Bernie Ecclestone in Bahrain Formula 1 supremo Bernie Ecclestone has...
11mo ago from GrandPrix247.com

The Alternative Review – Bahrain

Who would have thought that putting the race on a few hours later than...
11mo 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...
11mo ago from RichlandF1.com

Elsewhere On The Network

Popular On MotoGPToday.com

Dovizioso grabs shock pole position for Qatar season...

Andrea Dovizioso will start from a surprise MotoGP pole position for...
5h ago from Motorsport.com

Marquez: Dovizioso and Ducati are real deal

Marc Marquez is taking the threat from Ducati's Andrea Dovizioso...
2h ago from Crash.net

MotoGP Qatar: Saturday qualifying times

All the times from today's MotoGP, Moto2 and Moto3 qualifying sessions in...
7h ago from BikeSportNews.com

Lowes takes first Moto2 pole despite crash

Britain’s Sam Lowes will start from pole position at the Commercial...
3h ago from MotoGP.com

Popular On IndyCarToday.com

Power poles Penske rout of IndyCar opener

Defending Verizon IndyCar Series Champion, Will Power has led all four...
1h ago from SpeedCafe.com

St Petersburg: Qualifying results

Power leads Penske 1-2-3-4 grid sweep at St Pete Qualifying times Round 1...
1h ago from Crash.net

IndyCar: Power edges closer to St. Pete lap record in...

Will Power whittled his fastest lap down to 61.3621 in Saturday...
5h ago from Racer.com

Power pips Pagenaud in Saturday practice

There was no surprise when it came to the identity of the man atop the...
5h ago from Crash.net

Popular On TotalWRC.com

Loeb set for another World Rally Car outing

The nine-time World Champion will participate in the Epernay Vins de...
2d ago from WRC.com

Argentina supports flood victims

More than 30cm of rain, a third of the area’s annual rainfall, fell in...
1d ago from WRC.com

Tidemand inks Skoda deal

2013 Junior WRC champion Pontus Tidemand joins Skoda to compete in the...
2d ago from Crash.net

RX: World Rallycross launches UK talent competition

The FIA World Rallycross championship has launched a nationwide talent...
3d ago from Crash.net

Popular On GunnersToday.com

Barcelona keeps tabs on Arsenal starlet Hector Bellerin

WANTED: Barcelona are keeping tabs on Hector Bellerín [GETTY] Gunners...
1h ago from DailyStar.co.uk

Report: Arsenal close in on Federico Valverde

Uruguayan youngster Federico Valverde is nearing a £2.5m move to...
9h ago from SportsMole.co.uk

The Warm Up - Saturday, March 28

A lighthearted look at the weekend's sporting action with Johnny Vaughan,...
9h ago from TalkSport.com

Video: Arsenal, Tottenham and West Ham target Fabian...

West Ham United are currently leading the race to sign Basel star ahead...
6h ago from TalkSport.com

Comments

comments powered by Disqus

Hottest News

Main shareholder CVC preparing to sell F1 to Red Bull

Bernie Ecclestone has welcomed reports Red Bull... Read More »
2h ago from ThisIsF1.com

Alonso: McLaren move justified by Mercedes form

The Spaniard, in his first grand prix appearance... Read More »
5h ago from Motorsport.com

Heavy rain to change Malaysian GP race dynamics

Lewis Hamilton was thrilled to come out on top in... Read More »
4h ago from ThisIsF1.com

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.