News Details

US-Qatari consortium eyeing F1 stake bid

A US-Qatari led consortium is reportedly closing in on a deal to purchase a sizeable stake in Formula 1. British newspaper the Financial Times claims that RSE Ventures and Qatar Sports Investments are weighing up a bid for a 35 percent share of F1 from the CVC Capital Partners group, believed to be worth $7-8 billion US dollars. RSE Ventures is headed by Stephen Ross, the owner of the Miami Dolphins American Football team, while Qatar Sports Investments is part of the Qatar Investment Authority, the country’s sovereign wealth fund. The consortium is undertaking due diligence with a formal bid yet to be tabled. Formula 1 boss Bernie Ecclestone claims to be unaware of any forthcoming deal...
Full Story »
10y ago from SpeedCafe.com 0
Share

You May Also Be Interested In...

US-Qatar group reportedly in F1 bid

The owner of the Miami Dolphins American football team is reportedly...
10y ago from BBC.co.uk

US group teaming up with Qatar to buy a major stake in...

Miami Dolphins owner Stephen Ross bidding F1 stake RSE Ventures is...
10y ago from ThisIsF1.com

Qatar, RSE teaming up to buy F1 stake

RSE Ventures is teaming up with Qatar to buy a 35.5 percent stake in the...
10y ago from SuperSport.com

US-Qatar led group looking to bid for control of F1

An American-Qatari led investment and sporting group is looking to buy a...
10y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez assesses his Ducati future beyond 2026...

Nine-time MotoGP champion Marc Marquez will be a key figure in the rider...
23h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Scott Dixon awarded prestigious New Zealand honor

To close out 2025, one of IndyCar’s most decorated drivers was awarded...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Nothing is signed' - Semenyo set to face Arsenal with...

Bournemouth boss Andoni Iraola says Antoine Semenyo will play in their...
1h ago from SkySports.com

‘Let’s break it’: Mikel Arteta urges leaders...

t;li>Side failed to win league last five times after being top on New...
1h ago from TheGuardian.com

Mikel Arteta: Today's Arsenal press conference in...

Arsenal manager Mikel Arteta spoke to the press ahead of his side's game...
2h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.