News Details

Ecclestone plays down F1 buy-back reports

Bernie Ecclestone Bernie Ecclestone has played down suggestions he is seriously considering to buy back Formula 1. Business journalist Christian Sylt claims the sport's biggest shareholder, CVC, is already committed to selling its stake by next July. 'The last thing Donald (Mackenzie) wants to do is to get out,' Ecclestone told the Sunday Telegraph, 'but I think the way their company is structured eventually they have to move on.' Sylt reports that CVC's memorandum dictates a ten-year term, with three one-year extensions but only if the majority of its investors agree. Indeed, reports of CVC's talks with potential buyers abound in the paddock. One of them could be Ecclestone, even though...
Full Story »
10mo ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Haas paid $20 million deposit for F1 team entry

Gene Haas Gene Haas proved his intent and seriousness about entering...
10mo ago from GrandPrix247.com

Ecclestone: I was a sarcastic when I asked would 50...

Bernie Ecclestone in court Formula 1  boss Bernie Ecclestone told a...
10mo ago from GrandPrix247.com

Haas paid ‘$20m deposit’ for F1 team entry

Haas paid ‘$20m deposit' for F1 team entryPosted On 17 Jul 2014By :...
10mo ago from ThisIsF1.com

Ecclestone says Gribkowsky payment an 'insurance...

Bernie Ecclestone on Tuesday told his corruption trial in Munich that he...
10mo ago from GrandPrix.com

Elsewhere On The Network

Popular On MotoGPToday.com

Rossi: All is open for tomorrow

Valentino Rossi refused to panic after setting the ninth fastest time on...
12h ago from Crash.net

Marquez trying to tame 'aggressive' Honda

Reigning MotoGP champion Marc Marquez finished Friday practice for the...
13h ago from Crash.net

Movistar Yamaha MotoGP tees off action in Tuscany

Movistar Yamaha MotoGP‘s Jorge Lorenzo and Valentino Rossi kicked off...
9h ago from Motorsport.com

Dovizioso topples Marquez to hold sway in FP2

Andrea Dovizioso remains rooted to the top spot following FP2 at Mugello...
17h ago from Crash.net

Popular On IndyCarToday.com

Power Leads Penske 1-2-3 in Qualifying for Race 1

Will broke a track record to secure for Race 1 of the Chevrolet Dual in...

Detroit: Qualifying results

Power on record-setting pace for Detroit pole Qualifying times Round 1 -...
8h ago from Crash.net

RACER VIDEO: Will Power on Detroit Race 1 pole

The RACER Channel's Robin Miller interviews Team Penske's Will Power...
8h ago from Racer.com

Power on record-setting pace for Detroit pole

A week on from finishing first and second in the 2015 Indianapolis 500,...
6h ago from Crash.net

Popular On TotalWRC.com

Kubica's Portugal success with revamped team

Pole re-establishes link with M-Sport
15h ago from WRC.com

New Fiesta sets Tänak’s pulse racing

The Estonian finished fifth after a troublefree run over rough gravel...
19h ago from WRC.com

Erik Carlsson 1929-2015

Swedens 'Mr Saab' and a pioneer of left-foot braking
1d ago from WRC.com

Olsbergs MSE Ford returns to Global Rallycross to...

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

Popular On GunnersToday.com

Ranking three potential Arsenal goalkeeper signings,...

Thank God for our FA Cup Final! If the season had already ended for us,...
1h ago from AllArsenal.com

Arsenal v Aston Villa – FA Cup key battles...

Here are the battles we reckon will define the FA Cup final at...
1h ago from AllArsenal.com

Calum Chambers Joins Doyen Global Agency

It has been reported by www.sportspromedia.com that Arsenal defender...
2h ago from Nastytackle.com

Barcelona Speculation Merely Paper Talk – Aaron...

Reports are out claiming that Aaron Ramsey has denied claims that...
1h ago from Nastytackle.com

Comments

comments powered by Disqus

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.