News Details
Ecclestone may sell F1 stake
Ecclestone faces a court case in Germany next month Sutton Images Enlarge Bernie Ecclestone has revealed he plans to sell his 5.3% stake in Formula One when private equity firm CVC, the controlling shareholder, exits the business. CVC currently holds a 35% stake but their plan to exit in an Initial Public Offering (IPO) on the Singapore stock exchange in 2012 was put on hold by the eurozone crisis, while Ecclestone's bribery charges have also delayed matters. "If I sell I would sell with CVC. If somebody wants to buy CVC's shares but doesn't need mine then I will keep them," Ecclestone said. Next month Ecclestone goes on trial for allegedly paying part of a $44 million bribe to...
Full Story »
Full Story »
11y ago from espnF1.com
0
You May Also Be Interested In...
CEO of Norway wealth fund admits mistakes made when...
CEO of Norway wealth fund admits mistakes made when buying F1 stake 11...
11y ago from GrandPrix247.com
India GP problems money related says Ecclestone
The promoter of India's beleaguered formula one race breached its...
11y ago from GrandPrix.com
Lauda fears Formula 1 facing giant hole without...
Niki Lauda with Bernie Ecclestone Niki Lauda has revealed that he is...
11y ago from GrandPrix247.com
Indian GP problems money related says Ecclestone
Indian GP problems money related says Ecclestone 12 March, 2014 Bernie...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Rins can't wait for Yamaha's V4 engine
No description available...
41m ago from Motorsport.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
1d ago from MotorsportWeek.c...
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
1d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward fastest in opening practice in Laguna...
Laguna Seca was the setting for IndyCar’s first practice session on...
10h ago from MotorsportWeek.c...
Arrow McLaren set to move into new race facility in...
Arrow McLaren has officially taken ownership of what will be its new...
1d ago from MotorsportWeek.c...
Arrow McLaren expands IndyCar operations with new...
No description available...
1d ago from Motorsport.com
Why Rinus VeeKay believes there's more to come after...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
18h ago from Motorsport.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
5d ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Gyokeres medical today, but will he go on tour?
It's Saturday in Singapore! The big news this morning is that Saturday in...
6h ago from Arseblog.com
Arsenal vs Newcastle United Prediction and Betting...
Arsenal will lock horns against Newcastle United at the Singapore National...
12h ago from SportsKeeda.com
Report: Arsenal preparing a strong push to sign...
Arsenal are interested in securing the services of the Ajax defender...
14h ago from CaughtOffside.com
Viktor Gyokeres to wear iconic Arsenal jersey number...
Viktor Gyokeres will reportedly wear the jersey number 14 for Arsenal...
16h ago from SportsKeeda.com
Comments
Hottest News
FIA confirm DOUBLE McLaren engine change for Belgian Grand...
The FIA have confirmed engine changes for both... Read More »
2h ago from GPFans.com
RECORD: Piastri beats Hamilton's all-time lap record at...
Having secured pole position for the Spa F1... Read More »
1h ago from F1Technical.net
Kimi Antonelli perplexed by 'weird' Mercedes moment
Kimi Antonelli was unable to provide a reason for... Read More »
1h ago from RacingNews365.com
