News Details

Group of teams looking to buy F1 from CVC

It has been reported that a group of Formula 1 teams are looking to buy the sport from its current majority owner, CVC Capital Partners. The investment company is keen to offload its remaining 35.5 per cent stake and is legally bound to do so by 2018. Bernie Ecclestone says a group of unnamed F1 teams are putting a plan together to take CVC's stake and therefore control of the sport. "We'll see what the group comes up with," the 83-year-old told Bloomberg. "Maybe they will get enough together to buy shares." It isn't clear which teams are involved, but it's believed both Ferrari and Red Bull could be, after both showed an interest in the idea previously. Ecclestone...
Full Story »
3y ago from TheF1Times.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

Teams in talks to buy into F1 says Ecclestone

Bernie Ecclestone on Wednesday revealed that a group of teams is...
3y ago from GrandPrix.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

Two new teams for 2015 - Ecclestone

id="story_continues_1" itemprop="description"> Two...
3y ago from BBC.co.uk

Elsewhere On The Network

Popular On MGPToday.com

MotoGP Assen: Saturday qualifying times and results

Times and results for Saturday's MotoGP, Moto2 and Moto3 qualifying...
16h ago from BikeSportNews.com

Zarco edges Márquez for maiden pole

– Tech 3 rookie Johann Zarco claimed his maiden MotoGP pole...
11h ago from GPUpdate.net

MotoGP Assen: Zarco grabs maiden pole position

Zarco continues his stunning rookie MotoGP season, stealing a wet pole...
11h ago from BikeSportNews.com

Rookie Johann Zarco takes maiden MotoGP pole at Assen

Yamaha Tech 3's Johann Zarco stunned Assen to take his first MotoGP...

Popular On IndyCarToday.com

Castroneves wins 50th pole at Road America

After throwing down the gauntlet in just one lap in Segment 2, Helio...
2h ago from Racer.com

Strange qualifying results for Andretti team

Ask a simple question, get a simple answer. Andretti Autosport's...
1h ago from Racer.com

IndyCar video: Saturday Road America recap

RACER's Robin Miller and Marshall Pruett report from Road America after...
1h ago from Racer.com

Castroneves grabs 50th Pole as Penske Dominate at Road...

It was another Team Penske lock-out of the top four places at Road...

Popular On TotalWRC.com

Ogier completes first full M-Sport test

Sebastien Ogier has completed his first full test in M-Sport's Ford Fiesta...
1d ago from EuroSport.com

Nandan calls for focus

Hyundai boss has M-Sport in his sights
1d ago from WRC.com

Who can stop Solans?

Who can stop Solans? Nil Solans can seal a hat-trick of FIA Junior WRC...
1d ago from WRC.com

Rally GB ponders revamp of opening night

Rally GB organisers are considering the addition of a new Thursday night...
1d ago from EuroSport.com

Popular On GunnersToday.com

Premier League Club Eye £25m Walcott Deal

Theo Walcott is reportedly being eyed by West Ham who are keen on...
2h ago from AllArsenal.com

Report: Arsenal youngster Chris Willock to seal...

Arsenal youngster Chris Willock has entered advanced talks with Benfica...
3h ago from SportsMole.co.uk

Comments

Hottest News

More stunning claims from Eddie Jordan!

Eddie Jordan just won't give up, the Channel 4... Read More »
11h ago from F1i.com

Niki Lauda has ‘never seen anything’ like Lewis...

Catch up on all F1 news, here at Motorsport Week... Read More »
5h ago from MotorsportWeek.com

2017 Azerbaijan GP: Qualifying Results

2017 Formula 1 Results: Qualifying Results –... Read More »
10h 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.