News Details
Qatar and Miami Dolphins owners set to buy F1
RSE Ventures, which owns the Miami Dolphins NFL team, is joining forces with Qatar to buy a controlling stake in Formula One in a deal worth $7-8 billion, a source familiar with the matter told Reuters. RSE is looking to acquire the 35.5 percent stake from private equity fund CVC Capital Partners Ltd, who sold down its holding from 63 percent in 2012 in deals that at the time gave the business an enterprise value of $9.1 billion. The commercial side of Formula One is run by 84-year-old British billionaire Bernie Ecclestone, who has turned the sport into a global money-spinner in more than four decades of deal making. Ecclestone, a former second-hand car dealer and team owner, has also been...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
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 and Miami Dolphins owner tipped for F1 bid
American investment company RSE Ventures – whose chief owns the Miami...
10y ago from Motorsport.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
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta explains what KTM needs to close the gap...
No description available...
16h ago from Motorsport.com
The weakness behind Marco Bezzecchi’s dominant...
No description available...
20h ago from Motorsport.com
MotoGP legend shares how ‘different level’ Marc...
Five-time 500cc champion Mick Doohan believes the way Marc Marquez...
1d ago from MotorsportWeek.c...
Fabio Quartararo staying “a little bit out” of...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti lights up IndyCar Long Beach practice, Will...
The field of 25 drivers in the NTT IndyCar Series roared out of a...
8h ago from MotorsportWeek.c...
Will Power says father wrestling gunman was "just...
No description available...
10h ago from Motorsport.com
Current street course woes make Long Beach “a...
No description available...
15h ago from Motorsport.com
O'Ward: F1 has become an "artificial" show,...
No description available...
16h ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
16h ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
17h ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Saturday miscellany: Tactics, strikers, archives,...
Good morning. It's Saturday and there's a big game tomorrow, but I don't...
39m ago from Arseblog.com
Real Madrid want 100m Arsenal star, Gunners could...
Arsenal defender Jurrien Timber is reportedly a target for Real Madrid at...
1h ago from CaughtOffside.com
Sources: Arsenal & Man United showing 'most...
Eduardo Camavinga has been heavily linked with a move away from Real...
3h ago from CaughtOffside.com
Papers: Arsenal interested in Leicester teenager as...
The top stories and transfer rumours from Saturday's newspapers...
9h ago from SkySports.com
Comments
Hottest News
Max Verstappen Nurburgring bid halted as qualifying red...
Qualifying for the first race of the ADAC 24h... Read More »
59m ago from GPFans.com
Max Verstappen Nurburgring LIVE: Watch now as F1 champion...
Max Verstappen is in action today at the ADAC 24h... Read More »
1h ago from GPFans.com
F1 News Today: Max Verstappen breaks silence as champion...
Max Verstappen has broken his silence on Red... Read More »
2h ago from GPFans.com
