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 »
2y 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...
2y 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...
2y ago from GrandPrix247.com

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

Haas paid ‘$20m deposit' for F1 team entryPosted On 17 Jul 2014By :...
2y ago from ThisIsF1.com

Ecclestone says Gribkowsky payment an 'insurance...

Bernie Ecclestone on Tuesday told his corruption trial in Munich that he...
2y ago from GrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Rossi enjoys new chassis

Following testing in Brno, Valentino Rossi is excited about the new Yamaha...
7h ago from SuperSport.com

MotoGP: Tech 3 boss Poncharal pours praise on Crutchlow

Monster Tech 3 Yamaha boss Hervé Poncharal has poured praise on his...
12h ago from MotorcycleNews.c...

New Finnish track designed to thwart track limit abuse

Alex Wurz, whose company has helped design Finland's new KymiRing that...
16h ago from Motorsport.com

Beard science: Inside the mind of Ducati MotoGP wizard...

Enigmatic and almost inscrutable, Luigi ‘Gigi’ Dall’Igna has...
21h ago from BikeSportNews.com

Popular On IndyCarToday.com

INDYCAR: Three cars in scary pit lane crash

Alexander Rossi, Charlie Kimball, and Helio Castroneves walked away from...
1d ago from Racer.com

Pippa Mann: “It's definitely been a tough weekend”

Pippa Mann completed Monday’s 500-mile race at Pocono Raceway three...

Max Chilton: “You constantly had to be adapting”

Max Chilton was happy to complete all 500 miles at Pocono Raceway on...

Will Power: “I love winning 500-mile races”

Will Power moved to within twenty points of championship leader Simon...
10h ago from TheCheckeredFlag...

Popular On TotalWRC.com

Takale/Sherif gets top 10 finish in Asian...

Sanjay Takale and co-driver Musa Sherif endured a difficult outing in...
15h ago from Motorsport.com

Lefebvre and Moreau plot speedy return

Advertising The pair were flown to hospital after crashing their DS 3 in...
16h ago from WRC.com

Hyundai extends Sordo contract to 2018

Spanish driver Dani Sordo will continue as a Hyundai factory driver in the...
1d ago from Motorsport.com

Eighties F1 stars sign on for Classic Adelaide rally

A trio of 1980s Formula 1 stars will take part in this year’s Classic...
1d ago from Motorsport.com

Popular On GunnersToday.com

Arsenal boss Arsene Wenger makes transfer admission: I...

The Gunners boss has long been slammed by supporters for his seemingly...
2h ago from Express.co.uk

Arsenal keep tabs on Roma defender Kostas Manolas as...

Arsenal keep tabs on Roma defender Kostas Manolas as search for...
7h ago from DailyMail.co.uk

Arsene Wenger discusses life after Arsenal

Wenger has been in charge of the Gunners for nearly 20 years and he is in...
7h ago from Express.co.uk

Arsenal transfer news: Defensive target nears Man City...

Jason Denayer's Manchester City future has been cast in doubt after the...
7h ago from CaughtOffside.com

Comments

Hottest News

Kvyat ready to get back to racing

Daniil Kvyat is ready to get back out on track... Read More »
1h ago from PlanetF1.com

Inside Line: Is Max the new Ayrton?

Is Max Verstappen the new Ayrton Senna? It is a... Read More »
9h ago from GrandPrix247.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.