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
Liberty Media can’t follow its F1 play to boost...
No description available...
9h ago from Motorsport.com
Johann Zarco spends MotoGP summer break winning Suzuka...
No description available...
15h ago from Motorsport.com
Guenther Steiner finalizing purchase of Tech3 MotoGP...
No description available...
2d ago from Motorsport.com
Former F1 team principal Guenther Steiner set to take...
Former Haas Formula 1 team principal Guenther Steiner is finalising a...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
FOX Corporation acquires one-third stake in IndyCar...
No description available...
4d ago from Motorsport.com
FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has...
4d ago from MotorsportWeek.c...
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
5d ago from MotorsportWeek.c...
Alex Palou will not play it safe in Portland to secure...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
16h ago from Motorsport.com
Kalle Rovanpera relieved to finally achieve...
No description available...
1d ago from Motorsport.com
WRC Rally Finland: Kalle Rovanpera takes historic home...
No description available...
1d ago from Motorsport.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal vs Villarreal Prediction and Betting Tips |...
Arsenal resume their pre-season tour with another club friendly this week...
4h ago from SportsKeeda.com
Arsenal not alone in race to sign Jeremy Jacquet;...
Arsenal are not the only club eyeing a move for Jeremy Jacquet this...
11h ago from SportsKeeda.com
'The more likely option' – Arsenal star tipped...
Arsenal have had a busy summer so far, and their busy is far from over...
12h ago from CaughtOffside.com
Former Arsenal and Chelsea star David Luiz completes...
Former Arsenal and Chelsea defender David Luiz has joined Pafos FC. The...
10h ago from SportsKeeda.com
Comments
Hottest News
Sky F1 pundit gets police escort after Hungarian GP
Sky F1 pundit Naomi Schiff was given a police... Read More »
7h ago from GPFans.com
Kelly Piquet goes quiet on social media and reveals the...
F1 champion Max Verstappen's partner Kelly Piquet... Read More »
3h ago from GPFans.com
Stella explains why McLaren chose different strategies for...
On the back of McLaren's fourth consecutive... Read More »
1h ago from F1Technical.net
