News Details
Qatar and Miami Dolphins owners set to buy F1
RSE Ventures, which owns the Miami Dolphins NFL team, is joining forces with Qatar to buy a controlling stake in Formula One in a deal worth $7-8 billion, a source familiar with the matter told Reuters. RSE is looking to acquire the 35.5 percent stake from private equity fund CVC Capital Partners Ltd, who sold down its holding from 63 percent in 2012 in deals that at the time gave the business an enterprise value of $9.1 billion. The commercial side of Formula One is run by 84-year-old British billionaire Bernie Ecclestone, who has turned the sport into a global money-spinner in more than four decades of deal making. Ecclestone, a former second-hand car dealer and team owner, has also been...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
US group teaming up with Qatar to buy a major stake in...
Miami Dolphins owner Stephen Ross bidding F1 stake RSE Ventures is...
10y ago from ThisIsF1.com
US-Qatar group reportedly in F1 bid
The owner of the Miami Dolphins American football team is reportedly...
10y ago from BBC.co.uk
Qatar and Miami Dolphins owner tipped for F1 bid
American investment company RSE Ventures – whose chief owns the Miami...
10y ago from Motorsport.com
Qatar, RSE teaming up to buy F1 stake
RSE Ventures is teaming up with Qatar to buy a 35.5 percent stake in the...
10y ago from SuperSport.com
Elsewhere On The Network
Popular On MGPToday.com
Enea Bastianini delighted with "emotional"...
No description available...
1h ago from Motorsport.com
Marc Marquez wins Brno MotoGP Sprint race
Marc Marquez continued his Saturday afternoon dominance with another...
4h ago from MotorsportWeek.c...
Jorge Martin searching for “confidence” after...
No description available...
48m ago from Motorsport.com
MotoGP Czech GP: Marc Marquez recovers from tyre...
No description available...
3h ago from Motorsport.com
Popular On IndyCarToday.com
Andretti tops Team Penske in IndyCar’s second...
IndyCar took to the streets of Toronto on Saturday morning, turning...
2h ago from MotorsportWeek.c...
Kyle Kirkwood tops opening IndyCar practice on slick...
IndyCar travels north of the Canadian border this weekend to tackle the...
21h ago from MotorsportWeek.c...
Arrow McLaren's Nolan Siegel cleared to race in Toronto
No description available...
2d ago from Motorsport.com
Kyle Kirkwood says people should appreciate Alex...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Rally Estonia leader Oliver Solberg hit with suspended...
No description available...
9h ago from Motorsport.com
Oliver Solberg almost doubles Rally Estonia lead as...
No description available...
7h ago from Motorsport.com
Sensational Solberg leads Rally Estonia!
It may be just a one-off outing in Toyota Gazoo Racing’s GR Yaris...
23h ago from MotorsportWeek.c...
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
21h ago from Motorsport.com
Popular On GunnersToday.com
'Protect your ankles, we are enemies now' - Chelsea...
Chelsea defender Wesley Fofana has sent a message to former teammate Noni...
48m ago from SportsKeeda.com
“It’s been good. It’s got to be better!” -...
Arsenal legend Thierry Henry has delivered his verdict on the performance...
1h ago from SportsKeeda.com
Report: Five players Chelsea could use in a deal to...
Chelsea remain interested in signing Morgan Rogers from Aston Villa, and...
5h ago from CaughtOffside.com
£20m asking price set: Chelsea star put up for sale...
Chelsea winger Raheem Sterling is reportedly up for sale for just £20m...
5h ago from CaughtOffside.com
Comments
Hottest News
Honda rules out emergency engine supply for Red Bull in 2026
Honda has categorically dismissed the possibility... Read More »
4h ago from F1i.com
MotoGP: Marc Marquez wins Brno Sprint in strange...
Six-time MotoGP champion Marc Marquez took a... Read More »
48m ago from F1Technical.net
The warning Christian Horner delivered to Red Bull prior to...
Just days before his departure from Red Bull,... Read More »
6h ago from MotorsportWeek.com
