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‘F1 to be sold before year's end’
The Formula One circus could be under new ownership by the end of the year, supremo Bernie Ecclestone said on Tuesday. Speaking by video at a sports summit in Kitzbuehel, Austria, organised by German football legend Franz Beckenbauer, Ecclestone was adamant a new owner would be found this year. "Our shareholders are in a position at the moment where they have to lose some, or all, of their shares shortly," he said. "That's the way things are set up for them. There has been a lot of interest, and I would say there are three parties at the moment. I'd be surprised if one of them doesn't buy very shortly." The 84-year-old, who runs Formula One Management, the company that...
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9y ago from SuperSport.com
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