News Details
China group in F1 takeover bid
XPB Images
A Chinese investment group is allegedly preparing a bid to takeover Formula 1 from the sport's current right's holder CVC. Sky News has reported on a story involving China Media Capital (CMC) and Stephen Ross, the owner of the Miami Dolphins football team, forming a consortium to acquire a controlling stake in Formula 1 estimated at around $8.5B. The group supposedly intends to seek a 90-day period of exclusivity in order to conduct its due diligence task and hold talks with Bernie Ecclestone. Ross was listed earlier this year as being interested in buying F1, when it was reported that his investment vehicle, RSE Ventures, was be teaming up with Qatar Sports...
Full Story »
Full Story »
You May Also Be Interested In...
China Media Capital set to buyout F1 for $8.5bn
China Media Capital set to buyout F1 for $8.5bn According to a Sky News...
9y ago from ThisIsF1.com
Lotus takeover far from completion
Lotus admit they 'don't even have a list of possible names' who will...
9y ago from PlanetF1.com
Lotus takeover set to drag on
XPB Images
Renault's planned buyout of Lotus may still be a...
9y ago from F1i.com
Lotus F1 takeover unlikely until December – Gastaldi
Lotus F1 takeover unlikely until December – Gastaldi Posted On 14...
9y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez hopes to race in MotoGP German GP...
No description available...
12h ago from Motorsport.com
Jorge Martin set for private MotoGP test following...
No description available...
1d ago from Motorsport.com
Honda confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
4d ago from MotorsportWeek.c...
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
1w ago from MotorsportWeek.c...
Popular On IndyCarToday.com
How Scott Dixon pulled off another fuel-saving...
No description available...
12h ago from Motorsport.com
Scott Dixon bet on two stop strategy after he saw...
Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...
1d ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Race Results
IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...
2d ago from MotorsportWeek.c...
Alex Palou chooses to view costly Mid-Ohio mistake as...
Alex Palou was not the winner of Sunday’s IndyCar event from Mid-Ohio,...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC legend Juha Kankkunen to drive hydrogen Toyota...
No description available...
17h ago from Motorsport.com
Oliver Solberg goes Rally1 – Sebastien Ogier enters...
After dominant victories in WRC2 in Rally Sweden, Portugal and most...
4d ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Liverpool join three-way race with title rivals to...
Liverpool are reportedly interested in signing the Real Madrid attacker...
9h ago from CaughtOffside.com
Real Madrid Transfer News Roundup: Los Blancos admire...
Real Madrid are putting together final preparations ahead of their FIFA...
9h ago from SportsKeeda.com
Arsenal's Madueke move explained, Eze interest and...
Arsenal are aiming to sign attacking reinforcements with Noni Madueke,...
13h ago from SkySports.com
Report: Arsenal preparing player plus cash bid to sign...
Arsenal are intensifying their pursuit of Crystal Palace playmaker...
13h ago from FreshArsenal.com
Comments
Hottest News
George Russell regrets 'wrong' Mercedes decisions as...
Mercedes F1 star George Russell has revealed his... Read More »
9h ago from GPFans.com
Wheatley: 'No driver is more deserving of a podium than...
On the back of Nico Hulkenberg's maiden F1 podium... Read More »
1h ago from F1Technical.net
Colapinto to be dropped by Alpine after Silverstone...
The shooting star that was Formula 1's talk of... Read More »
8h ago from GrandPrix247.com
