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Main shareholder CVC preparing to sell F1 to Red Bull
Bernie Ecclestone has welcomed reports Red Bull might be looking at buying formula one. Some journalists have speculated there is more than meets the eye to the former world champions' mischief-making in past weeks, including bemoaning Mercedes' dominance, criticising rules that are 'killing' the sport, and threatening to quit. Publications including Auto Motor und Sport, Blick and Osterreich have all reported rumours that Red Bull mogul and billionaire Dietrich Mateschitz is looking to sell Red Bull Racing and Toro Rosso and 'take over from CVC as the main shareholder of formula one'. 'I would be delighted,' F1 supremo Ecclestone told a group of selected reporters in Malaysia. 'They (CVC)...
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10y ago from ThisIsF1.com
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