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
Carmelo Ezpeleta confident MotoGP will "reach an...
No description available...
12h ago from Motorsport.com
Guenther Steiner puzzled by MotoGP bikes sitting out...
No description available...
14h ago from Motorsport.com
Enea Bastianini blasts MotoGP safety commission and...
Enea Bastianini has criticised the existing MotoGP safety commission by...
13h ago from MotorsportWeek.c...
Toprak Razgatlioglu: Yamaha struggles make me think...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Graham Rahal “not a fan” of new rule allowing...
No description available...
5h ago from Motorsport.com
IndyCar officiating board helps shape Push to Pass...
IndyCar’s new Independent Officiating Board has made one of its first...
1d ago from MotorsportWeek.c...
IndyCar expands Push to Pass availability
The NTT IndyCar Series has announced a change to the series’ Push to...
1d ago from MotorsportWeek.c...
FOX unveils plan for 60 hours of Indy 500 coverage
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
How Ott Tanak can help Toyota's WRC 2027 car...
No description available...
1d ago from Motorsport.com
Why Hyundai’s WRC season “really starts” at...
No description available...
2d ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
1w ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal beware - PSG don't look like giving up their...
Mikel Arteta and the Arsenal squad will have watched Paris Saint-Germain...
2h ago from SkySports.com
'Arsenal are playing the best team in Europe' | Can...
John Cross looks ahead to Arsenal's Champions League final clash against...
3h ago from SkySports.com
Arsenal latest: Gunners on course to become richest...
No description available...
4h ago from SkySports.com
Saka's back to electrify Arsenal but West Ham's...
No description available...
4h ago from SkySports.com
Comments
Hottest News
Montoya turned down Ferrari move, because of Michael...
Seven-time grand prix winner Juan Pablo Montoya... Read More »
4h ago from GPFans.com
F1 teams just did something the FIA weren't expecting -...
Teams on the F1 2026 grid have reportedly caught... Read More »
9h ago from GPFans.com
'I hate it' - Away from F1 racing, this is what Max...
Red Bull's star driver Max Verstappen may be... Read More »
5h ago from GPFans.com
