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Ecclestone says he will sell his F1 shares with CVC
The future of Bernie Ecclestone has been one of the biggest talking points in recent weeks. Next month he will be put on trial in Munich for paying an alleged bribe to steer the sale of F1 to the private equity firm CVC in 2006. Although Ecclestone stepped down from the board of F1's parent company Delta Topco when the trial was announced in January he still runs the sport on a day to day basis and holds a 5.3% stake in it. However, that could all change as Ecclestone has revealed he will sell his shares in F1 when CVC exits the business according to an article in the Daily Telegraph by Christian Sylt.'If I sell I would sell with CVC. If somebody wants to buy CVC's shares but doesn't need...
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10y ago from Pitpass.com
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