News Details
CVC poised to sell Formula 1 stake
CVC poised to sell Formula 1 stake CVC is poised to finally sell its multi-billion dollar majority stake in formula one, according to the business news agency Bloomberg. The report this week said the London based private equity firm is 'looking to exit the investment, possibly in a matter of weeks'. Bloomberg said CVC has enlisted the help of Goldman Sachs to look for buyers, with the price tag as high as $10 billion. CVC looks set to bank a huge profit on the deal, with many insiders claiming the outfit's stewardship has not been positive for the sport. F1 supremo Bernie Ecclestone, however, said CVC has been 'pretty upfront' about its motives. 'They buy and sell companies looking to make...
Full Story »
Full Story »
9y ago from ThisIsF1.com
0
You May Also Be Interested In...
CVC on verge of selling Formula 1 stake
CVC is poised to finally sell its multi-billion dollar majority stake in...
9y ago from GrandPrix247.com
CVC could sell F1 'in a matter of weeks'
XPB Images
CVC Capital Partners could sell its majority...
9y ago from F1i.com
McLaren "could cause issues" in Force India...
Force India believes that McLaren could now play a decisive role in its...
9y ago from Motorsport.com
Could F1 be sold in September?
F1 News Could F1 be sold in September? Formula1blog.com Podcast #486...
9y ago from Formula1Blog.com
Elsewhere On The Network
Popular On MGPToday.com
Fermin Aldeguer to attempt MotoGP comeback in Brazil...
No description available...
1h ago from Motorsport.com
Aprilia on dominant MotoGP start: 'Ducati isn’t...
No description available...
10m ago from Motorsport.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
21h ago from Motorsport.com
MotoGP: Qatar GP ‘unlikely', but a ‘plan...
MotoGP Sports Entertainment Group has admitted that the Qatar Grand Prix...
22h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Winners and losers from the 2026 IndyCar season-opener...
No description available...
1d ago from Motorsport.com
Mick Schumacher’s IndyCar debut returns him to the...
Mick Schumacher began his IndyCar career this past weekend, competing in...
1d ago from MotorsportWeek.c...
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
3d ago from MotorsportWeek.c...
Mick Schumacher's IndyCar debut ends in Lap 1 crash
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
2d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
4d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal set unwanted record as former PL manager says...
Former Premier League manager Alan Pardew has criticised Arsenal's playing...
30m ago from SportsKeeda.com
'I will…' – Sandro Tonali signals his...
Newcastle United central midfielder Sandro Tonali has dropped a possible...
1h ago from CaughtOffside.com
Hurzeler slammed Arsenal's time-wasting but the...
Fabian Hurzeler sensationally accused Arsenal of "making their own...
1h ago from SkySports.com
'I'll never be that kind of manager': Brighton's...
No description available...
2h ago from TheGuardian.com
Comments
Hottest News
Defiant Alonso pushes back on Newey’s lap limit claims
Fernando Alonso has pushed back on Adrian... Read More »
3h ago from F1i.com
F1 Explained: What is the 107% rule? Will it impact Aston...
There are lots of new rules sweeping into F1 this... Read More »
49m ago from GPFans.com
George Russell questions 'suspicious' Red Bull performance...
Join RacingNews365's Nick Golding and Sam Coop,... Read More »
1h ago from RacingNews365.com
