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 »
Full Story »
10y ago from SpeedCafe.com
0
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
MotoGP German GP: Marc Marquez strolls to wet pole as...
No description available...
2h ago from Motorsport.com
Marc Marquez tops final practice at rain-affected...
Marc Marquez showcased his dominance around the Sachsenring as he topped...
3h ago from MotorsportWeek.c...
Marc Marquez produces stunning pole in rain-affected...
Ducati's Marc Marquez produced a stunning final lap to snatch pole...
2h ago from MotorsportWeek.c...
Jorge Martin to stay with Aprilia’s MotoGP team...
No description available...
19h ago from Motorsport.com
Popular On IndyCarToday.com
Severe weather disrupts IndyCar practice from Iowa
A round of severe weather has delayed the first practice session for the...
15h ago from MotorsportWeek.c...
Will Power’s contract decision on hold due to Team...
Will Power’s contract with Team Penske is up at the end of this season,...
18h ago from MotorsportWeek.c...
IndyCar cancels Friday practice at Iowa Speedway after...
No description available...
14h ago from Motorsport.com
David Malukas braces for the “toughest weekend” of...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Is Red Bull right to axe Christian Horner now? Our...
No description available...
2h ago from Motorsport.com
Supercars Townsville: Broc Feeney bounces back with...
No description available...
3h ago from Motorsport.com
What are Tim Mayer’s chances of winning the FIA...
No description available...
4h ago from Motorsport.com
MotoGP German GP: Marc Marquez strolls to wet pole as...
No description available...
2h ago from Motorsport.com
Popular On GunnersToday.com
'Great revenge' – Viktor Gyokeres sends fighting...
Sporting Lisbon striker Viktor Gyokeres has shown a clear sign of his...
1h ago from CaughtOffside.com
“It would be a great revenge” - Viktor Gyokeres...
Viktor Gyokeres has admitted that he wants to play in the Premier League...
1h ago from SportsKeeda.com
'The club needs to explain' – Arsenal legend...
Arsenal legend Sol Campbell has appeared to question the decision to sign...
41m ago from CaughtOffside.com
‘It's over': Romano reveals Arsenal target's...
Arsenal have been heavily linked with a move for the Sporting CP striker...
2h ago from CaughtOffside.com
Comments
Hottest News
Christian Horner singles out one Red Bull driver as axed F1...
Red Bull's former F1 boss Christian Horner has... Read More »
2h ago from GPFans.com
Rival F1 team boss allays Charles Leclerc fears over new...
Williams boss James Vowles has allayed fears... Read More »
2h ago from MotorsportWeek.com
The major hurdle BLOCKING Christian Horner's F1 return
Earlier this week, shockwaves were sent through... Read More »
1h ago from GPFans.com
