News Details
CVC poised to sell Formula 1 stake
CVC poised to sell Formula 1 stake CVC is poised to finally sell its multi-billion dollar majority stake in formula one, according to the business news agency Bloomberg. The report this week said the London based private equity firm is 'looking to exit the investment, possibly in a matter of weeks'. Bloomberg said CVC has enlisted the help of Goldman Sachs to look for buyers, with the price tag as high as $10 billion. CVC looks set to bank a huge profit on the deal, with many insiders claiming the outfit's stewardship has not been positive for the sport. F1 supremo Bernie Ecclestone, however, said CVC has been 'pretty upfront' about its motives. 'They buy and sell companies looking to make...
Full Story »
Full Story »
9y ago from ThisIsF1.com
0
You May Also Be Interested In...
CVC on verge of selling Formula 1 stake
CVC is poised to finally sell its multi-billion dollar majority stake in...
9y ago from GrandPrix247.com
CVC could sell F1 'in a matter of weeks'
XPB Images
CVC Capital Partners could sell its majority...
9y ago from F1i.com
McLaren "could cause issues" in Force India...
Force India believes that McLaren could now play a decisive role in its...
9y ago from Motorsport.com
Could F1 be sold in September?
F1 News Could F1 be sold in September? Formula1blog.com Podcast #486...
9y ago from Formula1Blog.com
Elsewhere On The Network
Popular On MGPToday.com
What happened in Marco Bezzecchi and Pedro Acosta’s...
No description available...
2h ago from Motorsport.com
Winners and losers from MotoGP’s United States GP
No description available...
4h ago from Motorsport.com
Marc Marquez: ‘I’m the one missing, not the...
No description available...
14h ago from Motorsport.com
Popular On IndyCarToday.com
Christian Lundgaard left frustrated by costly pit stop...
Christian Lundgaard finished second in Sunday’s IndyCar race from...
1h ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
14h ago from Motorsport.com
Graham Rahal ends 42-race podium drought with...
No description available...
14h ago from Motorsport.com
Official race results: 2026 IndyCar at Barber
No description available...
17h ago from Motorsport.com
Popular On TotalWRC.com
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
19h ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
4d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
3d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
“It made absolutely no sense” - Tuchel makes...
England manager Thomas Tuchel has revealed that Arsenal duo Declan Rice...
31m ago from SportsKeeda.com
'I'm very grateful to them' – Cristhian Mosquera...
Arsenal man Cristhian Mosquera has revealed that he has received guidance...
51m ago from SportsKeeda.com
Journalist confirms 'top player' from rival club is...
Arsenal are reportedly interested in signing the Newcastle United defender...
1h ago from CaughtOffside.com
Arsecast Extra Episode 688 – 30.03.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
2h ago from Arseblog.com
Comments
Hottest News
Red Bull set for eye-watering multi-million partnership...
Red Bull could be clothed by a new company in F1... Read More »
1h ago from RacingNews365.com
Ferrari F1 suspect Mercedes skullduggery with new engine...
F1 has always been about more than the action on... Read More »
5h ago from GPFans.com
Toto Wolff reacts to Mercedes F1 reshuffle: 'You realise...
Mercedes F1 boss Toto Wolff has explained the... Read More »
2h ago from GPFans.com
