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'Qatar and NFL owner bid for F1'

F1 could be sold to a group featuring the owner of NFL team Miami Dolphins and investors from Qatar, according to a report in the Financial Times. The £5bn deal would reputedly feature Bernie Ecclestone, the sport's long-time ringmaster, selling his five per cent stake in the sport. However, it is expected that Ecclestone would retain his position as the sport's chief executive. Ecclestone confirmed to The Times on Tuesday evening that 'three or four' bidders had emerged to open talks with Donald Mackenzie, chairman of CVC Capital Partners, the majority shareholders of F1. 'I have no idea whether any of these people have got closer with this, but CVC are in the business of buying and...
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10y ago from SkySports.com 0
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