News Details

Group of teams looking to buy F1 from CVC

It has been reported that a group of Formula 1 teams are looking to buy the sport from its current majority owner, CVC Capital Partners. The investment company is keen to offload its remaining 35.5 per cent stake and is legally bound to do so by 2018. Bernie Ecclestone says a group of unnamed F1 teams are putting a plan together to take CVC's stake and therefore control of the sport. "We'll see what the group comes up with," the 83-year-old told Bloomberg. "Maybe they will get enough together to buy shares." It isn't clear which teams are involved, but it's believed both Ferrari and Red Bull could be, after both showed an interest in the idea previously. Ecclestone...
Full Story »
1y ago from TheF1Times.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...
1y ago from GrandPrix247.com

Teams in talks to buy into F1 says Ecclestone

Bernie Ecclestone on Wednesday revealed that a group of teams is...
1y ago from GrandPrix.com

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

Two new teams for 2015 - Ecclestone

id="story_continues_1" itemprop="description"> Two...
1y ago from BBC.co.uk

Elsewhere On The Network

Popular On MotoGPToday.com

Can Ducati end its losing streak at Mugello?

It’s been almost five years since a Ducati rider last won a MotoGP race...
1h ago from Motorsport.com

Redding Q&A: The season so far

Estrella Galicia 0,0 Marc VDS’s Scott Redding chats exclusively to...
1h ago from MotoGP.com

Valentino Rossi’s love affair with Mugello

Mugello has been the scene of some of the greatest moments in his career,...
6h ago from MotoGP.com

EXCLUSIVE: Danny Kent - Q&A Interview

Crash.net: Hi Danny, what are you up to at the moment? Danny Kent: I'm...
6h ago from Crash.net

Popular On IndyCarToday.com

Round Table Recap - Round 6 - Indianapolis 500

It's Wednesday, which means INDYCAR announced their post-event penalties...

Video: Drivers preview 'Dual in Detroit'

No description available...
2h ago from GPUpdate.net

IndyCar: Safety improvements developing after...

Page 1 of 2 The Verizon IndyCar Series and chassis manufacturer Dallara...
22h ago from Racer.com

IndyCar hands down Indianapolis 500 penalties

James Davison’s Dale Coyne Racing squad was handed a $10,000 fine as...
17h ago from SpeedCafe.com

Popular On TotalWRC.com

Olsbergs MSE Ford returns to Global Rallycross to...

2015 championship season opens this weekend in Fort Lauderdale Charlotte,...
1h ago from Motorsport.com

Portugal driver report: Part 2

Thierry Neuville (Hyundai i20)A pretty miserable weekend for the likeable...
2h ago from WRC.com

Erik Carlsson 1929-2015

Swedens 'Mr Saab' and a pioneer of left-foot braking
6h ago from WRC.com

Portugal driver report: Part 1

Jari-Matti Latvala (VW Polo R)Victory in Portugal came at just the right...
1d ago from WRC.com

Popular On GunnersToday.com

'Arsenal have the best fans in England'

In the build-up to Arsenal’s FA Cup final against Aston Villa on...
2h ago from Arsenal.com

Arsenal set to battle Man United for £21.3m...

Arsenal are ready to take on Manchester United for the signature of...

Super agent Jorge Mendes could scuttle Arsenal's move...

We have been heavily linked with a move for Jackson Martinez recently,...
2h ago from AllArsenal.com

How to make an Arsenal fan angry in 60 seconds

If you're an Arsenal fan, this video probably isn't for you. But, if...
2h ago from TalkSport.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.