News Details
Ecclestone selling his shares in Formula 1
In what is the death knell to the Bernie Ecclestone era at the helm of Formula 1, the billionaire who was the main player in the sport for the past four decades, is selling his shares. Ecclestone is set to make a quick $29 million (23 million pounds) from Liberty Media's takeover of Formula One after being deposed as the sport's commercial supremo this week. Liberty completed their $8 billion takeover earlier this week and a subsequent filing to the U.S. Securities and Exchange Commission (SEC) showed 86-year-old Ecclestone was offloading 950,599 shares. The Series C Liberty Formula One common stock shares were trading at around $30.73 on Thursday. Other associates of Ecclestone, including...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Ecclestone selling shares in Formula One
Bernie Ecclestone is set to make a quick $29 million from Liberty Media's...
9y ago from SuperSport.com
Liberty Media Complete Formula One Takeover
Liberty Media Corporation have officially completed their acquisition of...
9y ago from FormulaSpy.com
Ecclestone out as Liberty Media complete F1 takeover
Bernie Ecclestone was removed from his position as chief executive after...
9y ago from PlanetF1.com
Liberty Media: Important for teams to invest in F1
Formula One's new owner Liberty Media is still hoping that competing...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP riders have their say on controversial Marc...
No description available...
16h ago from Motorsport.com
Marc Marquez hits out at timing of controversial Thai...
No description available...
16h ago from Motorsport.com
Yamaha reveals why it ‘took the difficult route’...
Technical Director Max Bartolini admits Yamaha “took the difficult...
13h ago from MotorsportWeek.c...
Pedro Acosta takes dramatic Thai MotoGP Sprint victory...
KTM rider Pedro Acosta clinched his first victory in MotoGP following a...
18h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar St. Petersburg – Qualifying Results
25 drivers of the NTT IndyCar Series took to the streets of St....
4h ago from MotorsportWeek.c...
Dale Coyne relishes 'extraordinary' double Fast 6...
No description available...
2h ago from Motorsport.com
Scott McLaughlin earns IndyCar St. Pete pole, Coyne...
No description available...
4h ago from Motorsport.com
Marcus Ericsson encouraged by Will Power’s input at...
Marcus Ericsson has a new team-mate this year in Will Power, and the...
9h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
10h ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
2d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
This 'unbelievable' star a better option than Sandro...
Former Arsenal star Anders Limpar has suggested that the Gunners don't...
13h ago from CaughtOffside.com
Talks held: Barcelona working on signing 45m Arsenal...
Barcelona are reportedly already in talks with intermediaries over a...
14h ago from CaughtOffside.com
Arsenal vs Chelsea Prediction and Betting Tips | 1st...
The Premier League is back in action with another massive clash between...
16h ago from SportsKeeda.com
'More difficult than the Champions League' - Chelsea...
Chelsea midfielder Andre Santos has said that the Premier League is even...
17h ago from SportsKeeda.com
Comments
Hottest News
FIA announces last-minute F1 qualifying change on eve of...
Good news, racing fans! You get to see more F1... Read More »
8h ago from GPFans.com
F1 issues statement about Bahrain and Saudi Arabian GPs...
F1 has moved to calm fears that some of its... Read More »
11h ago from GPFans.com
Drive to Survive insider hints at ending hit Netflix F1...
A key player within the Drive to Survive F1... Read More »
5h ago from GPFans.com
