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
Honda chooses Luca Marini's crew chief for Fabio...
No description available...
10h ago from Motorsport.com
Moto3 title leader Maximo Quiles secures Aspar Moto2...
Incumbent Moto3 championship leader Maximo Quiles will be promoted to the...
12h ago from MotorsportWeek.c...
Pedro Acosta gives himself 7/10 rating after first...
No description available...
16h ago from Motorsport.com
Marc Marquez's relentless comeback: 'Nobody knows the...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
World Cup lead-in set to bring massive attention to...
This weekend’s Music City Grand Prix from Nashville Superspeedway could...
1h ago from MotorsportWeek.c...
How to watch IndyCar 2026 at Nashville: Weekend...
No description available...
1d ago from Motorsport.com
FIFA World Cup Final drama and shifting start times...
No description available...
2d ago from Motorsport.com
Pato O’Ward labels Scott Dixon ‘perfect person to...
Pato O’Ward is looking forward to being able to learn new tips and...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Estonia: Sami Pajari storms into rally lead with...
No description available...
3h ago from Motorsport.com
WRC Estonia: Sami Pajari leads after Friday afternoon...
No description available...
10h ago from Motorsport.com
Peerless Pajari takes seven from seven to lead WRC...
Sami Pajari and Marko Salminen won all seven stages on the opening day of...
6h ago from MotorsportWeek.c...
Why return to WRC happy hunting ground is important...
No description available...
13h ago from Motorsport.com
Popular On GunnersToday.com
“I thought it was AI, and it wasn’t even real” -...
Spain midfeilder Mikel Merino thought that the iconic image of Lionel...
53m ago from SportsKeeda.com
Reports: Arsenal in talks to make double £140million...
Arsenal could be preparing an extraordinary double raid on Aston Villa as...
1h ago from FreshArsenal.com
'He has something very special' - Nacho Monreal asks...
Former Arsenal defender Nacho Monreal has urged the club to do everything...
2h ago from SportsKeeda.com
Papers: Arsenal preparing offer for Aston Villa...
The top stories and transfer rumours from Saturday's newspapers...
2h ago from SkySports.com
Comments
Hottest News
Why did Ferrari go AWOL on day one at Spa-Francorchamps?
Lewis Hamilton believes Ferrari can close the gap... Read More »
1h ago from GrandPrix247.com
Max Verstappen upbeat after Friday practice at Spa but...
Max Verstappen declared Friday at... Read More »
1h ago from GrandPrix247.com
Flattering only to deceive? Lando Norris ending Friday in...
Lando Norris finished second fastest in Belgian... Read More »
1h ago from GrandPrix247.com
