News Details

Teams in talks to buy into F1 says Ecclestone

Bernie Ecclestone on Wednesday revealed that a group of teams is considering buying into formula one. It was rumoured in Bahrain that the F1 chief executive, who owns just 5 per cent of the sport, 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 rumoured 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 indeed "having a conversation"...
Full Story »
2y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Ecclestone reveals a group of teams seeking to buy...

Bernie Ecclestone Formula 1 supremo Bernie Ecclestone on Wednesday...
2y ago from GrandPrix247.com

Bernie Ecclestone hints at two new F1 teams for 2015...

Manama:  Formula One boss Bernie Ecclestone has strongly suggested...
2y ago from NDTVSports.com

Two new teams for 2015 claims Ecclestone

The Formula 1 grid could expand to 13 teams in 2015 after Bernie...
2y ago from TheF1Times.com

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

Elsewhere On The Network

Popular On MGPToday.com

MotoGP: Smith happy with KTM testing pace

KTM’s 2017 rider Bradley Smith says that he’s delighted with the...

Smith undergoes surgery after Oschersleben Endurance...

MotoGP star Bradley Smith looks likely to miss next weekend’s...
1d ago from BikeSportNews.com

MotoGP: Smith awaiting scan results on knee injury

Monster Yamaha Tech 3 rider Bradley Smith is awaiting the results of an...

Rossi enjoys new chassis

Following testing in Brno, Valentino Rossi is excited about the new Yamaha...
4d ago from SuperSport.com

Popular On IndyCarToday.com

INDYCAR: Rahal pulls out last-lap win at Texas

Graham Rahal made a move on the third turn of the final lap to edge James...
5h ago from Racer.com

Rahal Nips Dominant Hinchcliffe for Texas Win

James Hinchcliffe dominated IndyCar's return to Texas, but a frantic...

Gateway returns after long absence to IndyCar

The Verizon IndyCar Series has confirmed the revival of Gateway in St...
5h ago from SpeedCafe.com

INDYCAR: Dixon tops short Texas practice

Chip Ganassi Racing teammate Scott Dixon and Tony Kanaan were the fastest...
10h ago from Racer.com

Popular On TotalWRC.com

Red Bull Global Rallycross season resumes in Atlantic...

Two new entries join the Supercar grid to produce a season-high of 13...
15h ago from Motorsport.com

Mikkelsen: It still felt like a victory

Fourth in Germany but Mikkelsen remains positive
1d ago from WRC.com

Lappi breaks silence over Toyota rumours

Talks have taken place at Toyota's rally base
4d ago from WRC.com

Germany driver report: part 2

Advertising Thierry Neuville (Hyundai i20) Result: 3rdA podium finish...
2d ago from WRC.com

Popular On GunnersToday.com

Pictures: Each and every confirmed Premier League done...

EXPRESS SPORT brings you right up to date with every single new arrival in...
1h ago from Express.co.uk

QUIZ: Can you work out the star player from their...

OW well do you know the careers of Premier League football stars?
4h ago from DailyStar.co.uk

'Unhappy' Liverpool Star Wants Arsenal Move

From being dangerously close to signing no striker this summer, Arsenal...
35m ago from AllArsenal.com

Arsene Wenger confirms £52m Arsenal double swoop as...

Arsenal boss Arsene Wenger has all-but ended the wait for new signings...
34m ago from CaughtOffside.com

Comments

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.