News Details

Teams in talks to buy into F1 says Ecclestone

Bernie Ecclestone on Wednesday revealed that a group of teams is considering buying into formula one. It was rumoured in Bahrain that the F1 chief executive, who owns just 5 per cent of the sport, was putting the group of teams together in a possible move to buy out the majority shareholder CVC. Ecclestone is facing trial in Germany later this month on bribery charges, and if convicted CVC has committed to standing him down. It is rumoured that fronting the prospective team shareholders could be a way for him to remain in control no matter the outcome in Munich. The 83-year-old told the Bloomberg news agency on Wednesday that a group of teams is indeed "having a conversation"...
Full Story »
3y ago from GrandPrix.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...
3y ago from GrandPrix247.com

Bernie Ecclestone hints at two new F1 teams for 2015...

Manama:  Formula One boss Bernie Ecclestone has strongly suggested...
3y ago from NDTVSports.com

Two new teams for 2015 claims Ecclestone

The Formula 1 grid could expand to 13 teams in 2015 after Bernie...
3y ago from TheF1Times.com

Ecclestone confirms two teams to join F1 grid in 2015

Bernie Ecclestone in Bahrain Formula 1 supremo Bernie Ecclestone has...
3y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Rossi confirms he will ride in first practice at...

Rossi will attempt to ride in MotoGP free practice one at Aragon, less...
4h ago from BikeSportNews.com

Valentino Rossi will attempt MotoGP comeback at Aragon

Valentino Rossi says he will attempt a comeback at the Aragón...

Rossi to attempt return at Aragón GP

– Valentino Rossi will attempt to return to action at this...
4h ago from GPUpdate.net

Rossi to attempt comeback at Aragón GP

– Valentino Rossi will attempt to return to action at this...
4h ago from GPUpdate.net

Popular On IndyCarToday.com

Takuma Sato returns to RLLR for 2018 IndyCar season

Reigning Indianapolis 500 champion Takuma Sato will return to Rahal...

Sato confirmed at Rahal Letterman Lanigan

As first reported by RACER, 2017 Indy 500 champion Takuma Sato will...
1h ago from Racer.com

Sato secures return to RLL for 2018 season

– Rahal Letterman Lanigan Racing (RLL) has announced that reigning...
5h ago from GPUpdate.net

Michelin to replace Continental in IMSA from 2019

Continental Tire will end its association with IMSA after the 2018 season...
1h ago from Racer.com

Popular On TotalWRC.com

Loeb tests C3 on gravel

Loeb tests C3 on gravel WRC legend Sébastien Loeb tested Citroën’s C3...
2h ago from WRC.com

Cycling star joins WRC aces in Spain

Entry list reveals WRC debut for two-wheel champion
1h ago from WRC.com

Mikkelsen gives R5 feedback

Mikkelsen gives R5 feedback Hyundai Motorsport's newest WRC signing,...
1d ago from WRC.com

Gala to celebrate thrilling year

Gala to celebrate thrilling year WRC stars will be honoured at a...
1d ago from WRC.com

Popular On GunnersToday.com

Atletico Madrid star 'dreaming of playing in the...

Atletico Madrid defender Jose Gimenez admits he "dreams of playing...
3h ago from TalkSport.com

Manchester United enter race for Alexis Sanchez?

Manchester United have reportedly decided to rival Manchester City for...
3h ago from SportsMole.co.uk

Mediawatch: Wait a minute, isn't Alexis Sanchez at Man...

Egg Custis Now Mediawatch is not saying that we doubt the veracity of...
4h ago from Football365.com

Comments

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.