CVC sounds out businessman for top F1 role
“I’ve been advised not to talk to anyone about it.” – Bernie Ecclestone F1′s owner CVC is reportedly in talks with a well-known businessman for a role at the top of the sport’s management. Sky News...
View ArticleEcclestone says Murdoch/Slim takeover reports ‘rubbish’ (updated)
Ecclestone steps up denial of F1 sale reports “The sport is not for sale.” – Ecclestone Bernie Ecclestone has played down widespread reports that media magnate Rupert Murdoch as well as Carlos Slim,...
View ArticleBig teams schedule meeting on F1 future
The governing Concorde agreement expires at the end of next year F1′s biggest teams have scheduled a meeting in Stuttgart next weekend to discuss the future of the sport, according to reports. The news...
View ArticlePowerful backer to join F1 buyout consortium – report
A consortium planning to bid for ownership of formula one has reportedly gained a powerful backer. News Corp and the Fiat shareholder Exor had already confirmed they are considering making an offer to...
View ArticleRumours swirl of Red Bull, Ferrari ‘deal’
Hot on the heels of the new technical controversies, the 2012 season has also kicked off in the sport’s high-intrigue world of politics. A fascinating blog post by Sky News’ City editor Mark Kleinman...
View ArticleAnger as F1 does ‘special deals’ for top teams
Part of a reportedly planned $10 billion stock market floatation of the sport Many team bosses reportedly left the Melbourne paddock angry late on Sunday, amid claims Ferrari and Red Bull have agreed...
View ArticleFOTA complaints led to ‘special deal’ report axe
“FOTA can’t sign anything with anyone” – Ecclestone Rival formula one teams complained when Sky News published a report suggesting Ferrari and Red Bull will receive special deals for the next Concorde...
View ArticleSingapore key to F1′s future – reports
The Singapore Exchange (SGX) would not comment. Singapore, the southeast Asian city-state and the scene of F1′s annual street night race, could be at the centre of the sport’s plans for the future. Sky...
View ArticleFIA’s Todt throws a spanner in F1 plans
As powerful businessmen slice up the F1 pie, the sport’s governing body also wants a piece. Amid all the talk about the planned multi-billion Singapore floatation, a crucial detail has been missing:...
View ArticleNew F1 owner ups stake by $500m
One of F1′s new owners has bought even more of the sport, it has emerged. Amid expectations last month that the Singapore floatation was going ahead, the US based asset managers Waddell and Reed, and...
View ArticleSchumacher ‘blinked’ as doctors move to end coma
Schumacher ‘waking up process’ has begun – manager Michael Schumacher has “blinked” and is “responding to simple instructions”. Michael Schumacher’s manager has now confirmed reports doctors at the...
View ArticleEcclestone asked to stay in F1 for three years
After recent heightened speculation it was believed Ecclestone may be on the way out of F1 as part of the Liberty Group sale Formula 1 supremo Bernie Ecclestone has reportedly been asked to stay on for...
View ArticleManor on brink of collapse as buyout hopes fade
“Therefore, they have been left with no alternative but to place [Manor Racing] into administration.” The Manor Racing F1 team has slipped into administration after its efforts to find a new buyer over...
View ArticleEcclestone to exit next week?
Bernie Ecclestone’s reign as F1 ringmaster could come to an end next week, it has been claimed. According to Sky News, Liberty Media has offered him a “less hands-on role – with a title such as life...
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