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 »
1y 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...
1y ago from F1Zone.net

Ecclestone confirms two teams to join F1 grid in 2015

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

The Alternative Review – Bahrain

Who would have thought that putting the race on a few hours later than...
1y 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...
1y ago from RichlandF1.com

Elsewhere On The Network

Popular On MotoGPToday.com

Honda chasing 700th GP victory

The Japanese manufacturer currently has 698 GP victories across all...
2h ago from MotoGP.com

Q&A with Mahindra Racing CEO Mufaddal Choonia

Mahindra Racing’s CEO looks back on the season so far and discusses the...
2h ago from MotoGP.com

Atiratphuvapat wins crazy second race in Sepang

The Thai rider leads the podium ahead of Kunimine and Rostam in a race...
2h ago from MotoGP.com

Rossi smashes another record

Current MotoGP World Championship leader Valentino Rossi has broken Angel...
22h ago from MotoGP.com

Popular On IndyCarToday.com

IndyCar: Big changes coming to 2016 schedule

The 2016 Verizon IndyCar season isn't finalized yet, but it's going to...
10h ago from Racer.com

Dixon Dominates in Record Breaking Fashion at Mid-Ohio

Spectacular weather, hillsides packed with fans, what better time is...
13h ago from OpenWheelWorld.n...

Dixon dominates, takes Mid-Ohio pole

– Scott Dixon thought he had broken the Mid-Ohio lap record in Q2...
13h ago from GPUpdate.net

Mid-Ohio: Qualifying results

Dixon clinches pole honours at Mid-Ohio Qualifying times Round 1 - Group...
13h ago from Crash.net

Popular On TotalWRC.com

SS19: Latvala wins Sunday's opener

Leader tops time sheets in Finland
1h ago from WRC.com

Latvala poised for home win

Jari-Matti Latvala has won the penultimate stage of Rally Finland to...
1h ago from Crash.net

More disappointment for Meeke in Finland

It was the third incident in as many rallies for Meeke, who also crashed...
15h ago from WRC.com

SS16: Meeke crashes out of third

Heavy rain makes gravel roads treacherous
20h ago from WRC.com

Popular On GunnersToday.com

An ode and fond farewell to the Premier League's...

Farewell, then, Robin. Your time in the Premier League may have come to a...
4h ago from SportsKeeda.com

Alexis Sanchez Returning Early From His Break For...

It has been reported that Alexis Sanchez is returning early from his...
5h ago from Nastytackle.com

Arsenal star Mesut Ozil compares Cristiano Ronaldo and...

German midfielder Mesut Ozil has had the opportunity of playing alongside...
4h ago from SportsKeeda.com

Arsene Wenger Insists Chelsea Wembley Clash Won't Be A...

It has been reported that Arsenal boss Arsene Wenger says their Community...
4h ago from Nastytackle.com

Comments

comments powered by Disqus

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.