Bernie Ecclestone has been at the top of Formula One since 1978 but could now sell his 5% share to an American and Qatari-backed bid. The deal would also see private equity firm CVC Capital Partners, the majority shareholder, relinquish its 35.5% stake.
F1 Supremo —
Bernie Ecclestone has been at the top of Formula One since 1978 but could now sell his 5% share to an American and Qatari-backed bid. The deal would also see private equity firm CVC Capital Partners, the majority shareholder, relinquish its 35.5% stake.
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F1 has been struggling to attract large television audiences despite the success of its top stars such as reigning champion Lewis Hamilton. Some teams have also struggled to cope with the financial demands of the sport.
Star turn —
F1 has been struggling to attract large television audiences despite the success of its top stars such as reigning champion Lewis Hamilton. Some teams have also struggled to cope with the financial demands of the sport.
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The F1 circus isn't scheduled to visit Qatar according to the current race calendar but is that all about to change? The bid by American firm RSE Ventures is being backed by Qatar Sports Investments which also owns French football club Paris Saint-Germain. Could Sebastian Vettel's Ferrari soon be seen in Doha?
Racing in Qatar? —
The F1 circus isn't scheduled to visit Qatar according to the current race calendar but is that all about to change? The bid by American firm RSE Ventures is being backed by Qatar Sports Investments which also owns French football club Paris Saint-Germain. Could Sebastian Vettel's Ferrari soon be seen in Doha?
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The U.S. hosts just one Grand Prix as it stands -- in Austin, Texas. A takeover by RSE Ventures could see the sport grow far and wide under new leadership.
America awaits —
The U.S. hosts just one Grand Prix as it stands -- in Austin, Texas. A takeover by RSE Ventures could see the sport grow far and wide under new leadership.
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Nico Rosberg cut Hamilton's lead to just 10 points in the drivers' title race. Rosberg's victory in Austria places him right in contention ahead of the British Grand Prix on July 5.
Rosberg ready —
Nico Rosberg cut Hamilton's lead to just 10 points in the drivers' title race. Rosberg's victory in Austria places him right in contention ahead of the British Grand Prix on July 5.
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