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

Teams in talks to buy into F1 says Ecclestone

Bernie Ecclestone on Wednesday revealed that a group of teams is...
2y ago from GrandPrix.com

Ecclestone confirms two teams to join F1 grid in 2015

Bernie Ecclestone in Bahrain Formula 1 supremo Bernie Ecclestone has...
2y ago from GrandPrix247.com

Two new teams for 2015 - Ecclestone

id="story_continues_1" itemprop="description"> Two...
2y ago from BBC.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Vinales wins season-opening Qatar MotoGP

Spain's Maverick Vinales on a Yamaha won the season-opening Qatar MotoGP...
9h ago from SuperSport.com

MotoGP Qatar: Sunday times and race results

Times and results from Sunday's MotoGP, Moto2 and Moto3 races in Qatar
12h ago from BikeSportNews.com

Main Race Results 2017 Qatar MotoGP

2017 MotoGP main race results for the Qatar Grand Prix Pos. Points Num....
9h ago from MotoGPFanatic.com

Maverick Vinales wins dramatic duel in Qatar as...

Maverick Viñales drew first blood in the opening race of the 2017...

Popular On IndyCarToday.com

Video: Mario Andretti drives CMS road course

Mario Andretti took some hot laps around Charlotte Motor Speedway's road...
2d ago from Racer.com

James Hinchcliffe Onboard Lap in Mercedes-AMG C 63 DTM

Following on from Robert Wickens taking on James Hinchcliffe's Indycar,...

Winds impact speeds at IMS IndyCar test

Graham Rahal led the way in Friday's six-hour Honda test at the...
2d ago from Racer.com

Remaining KV Racing assets ready for auction

A Dallara DW12 Indy car chassis, custom race car transporters and...
5d ago from Racer.com

Popular On TotalWRC.com

Regroup exclusive: Seb Marshall

Regroup exclusive: Seb Marshall In the latest edition of the Regroup...
21h ago from WRC.com

Germany rings the changes

New stages and a new service base in 2017
3d ago from WRC.com

Video: Teaser Tour de Corse 2017

Video: Teaser Tour de Corse 2017
1d ago from WRC.com

Gilbert reveals Skoda plans

Gilbert reveals Skoda plans Former Junior WRC champion Quentin Gilbert...
2d ago from WRC.com

Popular On GunnersToday.com

Thierry Henry on replacing Arsene Wenger as Arsenal...

Paul Scholes has explains Arsene Wenger has earned the right to do as...
1h ago from ESPNFC.co.uk

Arsenal star sets goal tally: This is my aim... not...

GETTY Olivier Giroud: Arsenal striker wants to his 100 goal mark this...
9h ago from DailyStar.co.uk

Arsenal transfer guru Dick Law locked in talks with...

ARSENAL FC Arsenal news: Dick Law has been chatting to agents this week...
13h ago from DailyStar.co.uk

Transfer Centre

The latest news as Chelsea reportedly prepare a €65m summer bid to...
9h ago from SkySports.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.