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Ecclestone confirms F1 sale price agreed - but he's not buying
F1 ringmaster Bernie Ecclestone claims that the sport has not one, but two potential buyers lined up its controlling stake - but insists that he is not one of them. Rumours suggesting that US private equity firm CVC is looking to divest itself of the 35 per cent holding in F1 have been rife for some time, and Ecclestone confirmed at the weekend that two potential buyers have emerged, willing to meet the price on offer. "There are two people who want to buy," the 85-year old told Britain's Mail on Sunday newspaper, "Actually, two of the people have agreed the price. It's just a question of whether CVC wants to sell or not. I think they will make a decision on the sale sooner...
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