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Ecclestone hints at deal to buy F1 back
Formula 1 supremo Bernie Ecclestone has acknowledged that a joint venture involving Qatar and US firm RSE Ventures is among potential buyers of CVC's share of the F1 business. But the Briton also hinted that he might be part of a consortium that could take over CVC's 35 per cent shareholding. Ecclestone indicated that CVC has faced a deadline to sell the F1 business, and has extended it twice. "It's like all hedge funds," Ecclestone told Motorsport.com. "They invest people's money for a certain period. "It doesn't matter how good they do, they have to give it back. Maybe they re-invest again, maybe they don't, I don't know. "They're past their sell-off date. They...
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11y ago from Motorsport.com
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