News Details

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

An American-Qatari led investment and sporting group is looking to buy a majority stake in Formula 1 according to well-placed sources. Stephen Ross, owner of the Miami Dolphins American football team and RSE Ventures, is working with investors from Qatar to bid for CVC Capital Partners' 35.5 per cent stake in the holding company that currently owns F1. It's believed the deal could be worth upwards of $8 billion (£5bn) according to The Financial Times. Both CVC and RSE Ventures declined to comment on the reports, whilst Qatar Sports Investments was unavailable for comment. The move, if successful, could see F1 build a stronger presence in the American market, something which...
Full Story »
Share

You May Also Be Interested In...

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

US-Qatar group reportedly in F1 bid

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

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

Qatar and Miami Dolphins owner tipped for F1 bid

American investment company RSE Ventures – whose chief owns the Miami...
10y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Chip Ganassi: ‘We’re spoiled’ having drivers...

Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...

IndyCar Portland – Race Results

The final road course event of the 2025 IndyCar season was contested on...

Alex Palou clinches title, becomes IndyCar’s newest...

Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

Arsenal will look to sign LaLiga superstar if they...

Arsenal have reportedly made Real Madrid forward Rodrygo their Plan B if...
9h ago from SportsKeeda.com

Theo Walcott makes scoreline prediction for Premier...

Former Premier League star Theo Walcott has backed Arsenal to beat...
12h ago from SportsKeeda.com

Offer accepted: Arsenal very close to finalising...

Arsenal are now closing in on the capture of Eberechi Eze from Crystal...
14h ago from CaughtOffside.com

Gyokeres, Sesko, Ekitike - Forwards with power to...

With Premier League clubs making major upgrades to their attacking...
17h ago from SkySports.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.