News Details
US-Qatari investors eye Formula 1 stake
– A combined US and Qatari bid is looking to purchase a significant stake in Formula 1 from its primary shareholder, CVC Capital Partners, according to the Financial Times.The report claims that RSE Ventures and Qatar Sports Investments hope to acquire a 35.5 per cent stake in CVC, in a deal valued at between seven and eight billion US dollars.RSE, founded by property tycoon Stephen Ross, owns the NFL's Miami Dolphins team, while QSi's portfolio includes football teams FC Barcelona and Paris Saint-Germain.While both RSE and CVC declined to comment on the matter, Formula 1 supremo Bernie Ecclestone has confirmed that CVC are in discussions with multiple parties."I have no idea...
Full Story »
Full Story »
10y ago from GPUpdate.net
0
You May Also Be Interested In...
Qatari-US bid seeking F1 stake buyout
A joint bid from a Qatari-US effort is reportedly seeking a significant...
10y ago from Crash.net
US and Qatari investors in bid for F1?
It is understood that a joint bid by American and Qatari investors could...
10y ago from Pitpass.com
US-Qatar venture set to bid for F1 stake
American investment company RSE Ventures, which owns NFL outfit the Miami...
10y ago from PlanetF1.com
US-Qatari consortium eyeing F1 stake bid
A US-Qatari led consortium is reportedly closing in on a deal to purchase...
10y ago from SpeedCafe.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin set to return at Czech MotoGP weekend...
Reigning MotoGP champion Jorge Martin is set to return to action at the...
10h ago from MotorsportWeek.c...
Maverick Vinales: ‘It was a big mistake’ to reject...
Maverick Vinales admitted it was a “big mistake” to reject offers...
1d ago from MotorsportWeek.c...
Lorenzo lands front row Start for Indianapolis GP
No description available...
1d ago from Motorsport.com
Marquez and Pedrosa complete perfect 1-2 in qualifying...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Pietro Fittipaldi is fueled by 5-Hour Energy and lots...
No description available...
1d ago from Motorsport.com
How Scott Dixon pulled off another fuel-saving...
No description available...
2d ago from Motorsport.com
Scott Dixon bet on two stop strategy after he saw...
Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...
3d ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Race Results
IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Saudi’s first female racer welcomes a new future for...
No description available...
1d ago from Motorsport.com
F1 celebrates historic milestone with big events and...
No description available...
1d ago from Motorsport.com
Dermot O’Leary to host the 2025 Autosport Awards
No description available...
1d ago from Motorsport.com
Why Abu Dhabi is launching an ambitious new autonomous...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal's stance on contract talks for breakout star...
Arsenal are reportedly confident that Ethan Nwaneri will sign a new...
36m ago from SportsKeeda.com
Fabrizio Romano reveals key meeting over Arsenal...
Transfer expert Fabrizio Romano has provided an update on the future of...
6h ago from CaughtOffside.com
Arsenal supporters start petition to stop club from...
Arsenal fans have reportedly started a petition to stop the north London...
4h ago from SportsKeeda.com
Arsenal step up pursuit of Premier League playmaker...
Arsenal are expected to formally approach Crystal Palace to open...
6h ago from CaughtOffside.com
Comments
Hottest News
Reason for Christian Horner's Red Bull sacking 'revealed'
More light has been shed on the reasons behind... Read More »
1h ago from GPFans.com
Red Bull document indicates potential detail behind...
Red Bull's recent corporate activity in Austria... Read More »
2h ago from MotorsportWeek.com
Helmut Marko breaks silence following Christian Horner...
Helmut Marko has released a statement following... Read More »
8h ago from RacingNews365.com
