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 »
1y 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...
1y 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...
1y ago from GrandPrix247.com

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

Haas paid ‘$20m deposit' for F1 team entryPosted On 17 Jul 2014By :...
1y ago from ThisIsF1.com

Ecclestone says Gribkowsky payment an 'insurance...

Bernie Ecclestone on Tuesday told his corruption trial in Munich that he...
1y ago from GrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Video: Valentino Rossi - The Doctor series trailer

Everybody knows Valentino Rossi as an icon of motorcycle racing but what...

Petrucci to make MotoGP return at Le Mans

Danilo Petrucci will make his MotoGP comeback for next weekend's Le Mans...
1h ago from Motorsport.com

Suzuki winglets ‘not a huge improvement’

Suzuki rider Aleix Espargaró has admitted that the GSX-RR’s new front...

Moto3 front-runner Bastianini breaks wrist

Moto3 front-runner Enea Bastianini has broken his wrist in a training...

Popular On IndyCarToday.com

IndyCar: 2017 spec aerokit requires “consensus"

With debate in the IndyCar paddock about whether the series should revert...
23h ago from Motorsport.com

Stefan Wilson confirmed for Indy 500 start

Stefan Wilson will honour his late brother after his entry in the 100th...
2d ago from SpeedCafe.com

Crucial mileage for Brabham ahead of Indy

Pirtek Team Murray rookie Matthew Brabham has completed a successful test...
2d ago from SpeedCafe.com

Brabham set for maiden Indy 500 rookie test

Matthew Brabham will undertake his first official rookie test at Sebring...
2d ago from SpeedCafe.com

Popular On TotalWRC.com

New Zealand APRC: Kreim heads Gill in Team MRF 1-2...

Fabian Kreim headed teammate Gaurav Gill at the end of the opening day of...
2h ago from Motorsport.com

Funding restored for Rally Australia

The Coffs Harbour City Council has reversed its controversial decision to...
14h ago from Motorsport.com

Argentina WRC: Motorsport.com's driver ratings

In Rally Argentina, Hayden Paddon delivered a long-awaited non-VW victory...
21h ago from Motorsport.com

Østberg wants more from his Fiesta RS

Norwegian acknowledges something is missing
22h ago from WRC.com

Popular On GunnersToday.com

Arsenal boss Arsene Wenger told: It's time to quit

GETTY TIME TO GO: Arsene Wenger has been told to step aside by Charlie...
1h ago from DailyStar.co.uk

You are the Ref No370: Alexis Sánchez

Click to enlarge, and debate the strip below the line. Keith Hackett’s...
5h ago from TheGuardian.com

Arsene Wenger hits out at Arsenal fans in press...

GETTY RANT: Wenger isn't happy with Arsenal fans Supporters organisations...
4h ago from DailyStar.co.uk

Man United plot move for Leicester ace: This would be...

GETTY TARGET: There's a feeding frenzy for one of the players of the year...
9h ago from DailyStar.co.uk

Comments

Hottest News

Rosberg quickest in dramatic opening session – FP1...

Russian Grand Prix – Nico Rosberg was fastest... Read More »
5h ago from FormulaSpy.com

Russian GP FP2 Results

Practice results Formula 1 2016 – Russian... Read More »
1h 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.