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
“Too slow” Marco Bezzecchi baffled by lack of pace...
No description available...
16h ago from Motorsport.com
Michelin bans soft compound for MotoGP Japanese GP
No description available...
19h ago from Motorsport.com
Diogo Moreira talks down Japanese GP hopes after...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Scott Dixon: "It’ll be tough for Lundgaard...
No description available...
2d ago from Motorsport.com
Ganassi on Lundgaard signing: “When is the last time...
No description available...
3d ago from Motorsport.com
IndyCar retains Independent Officiating Board...
No description available...
3d ago from Motorsport.com
IndyCar Officiating retains leadership into second...
The Independent Officiating Board, which officiates all aspects of the...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Elfyn Evans set for “all in or nothing” approach...
No description available...
10h ago from Motorsport.com
How the FIA plans to differentiate between Rally1 and...
No description available...
16h ago from Motorsport.com
WRC Sardinia: Title wide open after double Hyundai...
No description available...
12h ago from Motorsport.com
WRC Sardinia: Solberg storms to the lead to boost...
No description available...
19h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal, Man United and Chelsea join race for...
Several Premier League clubs are reportedly monitoring Brighton & Hove...
2d ago from CaughtOffside.com
Arsenal and Aston Villa join race for 40 million...
Gonzalo Garcia joined Fulham during the summer transfer window from Real...
2d ago from CaughtOffside.com
Bargain £80m price tag set as Arsenal register...
Bournemouth forward Eli Junior Kroupi is reportedly valued at around £80m...
2d ago from CaughtOffside.com
Arsenal had 65m bid rejected for Bundesliga player...
Arsenal reportedly made a serious attempt to sign Jarell Quansah during...
2d ago from CaughtOffside.com
Comments
Hottest News
Fans slam Bahrain Grand Prix 's***show' as FIA forced into...
F1 fans have been left furious after complete... Read More »
44m ago from GPFans.com
Verstappen tells Russell to stop ‘making a fuss'
Oct.4 Max Verstappen has pushed back at George... Read More »
1h ago from OneStopStrategy.com
Lewis Hamilton shares plan to fight Max Verstappen in...
Lewis Hamilton secured second on the grid for the... Read More »
54m ago from RacingNews365.com
