News Details
FIA guaranteed income from F1 stake deal?
Yesterday Pitpass' business editor Christian Sylt revealed that if Formula One finally floats on the stock market the FIA will get a 1% stake in it. The shares are part of a package of benefits offered by Bernie Ecclestone in return for the FIA coming to an agreement on a new Concorde Agreement - commercial terms which will be in force until the end of 2020. The big question is whether the FIA will ever get income from the stake.An Initial Public Offering (IPO) of shares in F1 has been planned since the late 1990s when it ended up in the pits. It was thought that it didn't get the green light because of an anti-competition investigation by the European Commission but in recent court...
Full Story »
Full Story »
12y ago from Pitpass.com
0
You May Also Be Interested In...
FIA to bank $120-million for tiny ownership stake in...
FIA to bank $120-million for tiny ownership stake in Formula 1 12...
12y ago from GrandPrix247.com
Quantum deal done; Hulk linked
Quantum Motorsports Chief Executive Mansoor Ijaz has confirmed the...
12y ago from PlanetF1.com
Ecclestone gives £75m F1 stake to the FIA
Back in September the FIA announced that 'the framework for...
12y ago from Pitpass.com
FIA to take $120m F1 ownership stake
The FIA is set to take a 1 per cent ownership stake in formula one....
12y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia just trying to "survive"...
No description available...
7h ago from Motorsport.com
Marco Bezzecchi ‘won’t consider himself title...
No description available...
9h ago from Motorsport.com
Jorge Martin reveals how Marco Bezzecchi pushed him...
Jorge Martin admits that Aprilia team-mate Marco Bezzecchi is pushing him...
9h ago from MotorsportWeek.c...
Francesco Bagnaia: MotoGP should hold a test before...
Francesco Bagnaia has called on MotoGP to hold a test before racing at a...
11h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
6h ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
2d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
1d ago from Motorsport.com
Christian Lundgaard left frustrated by costly pit stop...
Christian Lundgaard finished second in Sunday’s IndyCar race from...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
2d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
5d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
5d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“I really like Arsenal”: 11-G/A star issues...
Brazilian attacker Luiz Henrique has been linked with a move to Arsenal in...
1h ago from CaughtOffside.com
Liverpool in contact with reps of 40-G/A star as...
Real Madrid playmaker Arda Guler continues to be linked with a move away...
8h ago from CaughtOffside.com
Arsenal keen on signing teenage Bundesliga striker to...
Arsenal are allegedly interested in signing Bayer Leverkusen star...
9h ago from SportsKeeda.com
Arsenal latest: Tuchel says 'honest' duo Rice and Saka...
No description available...
9h ago from SkySports.com
Comments
Hottest News
Lewis Hamilton and Ferrari to receive power unit 'boost' in...
Lewis Hamilton and the rest of the Ferrari gang... Read More »
6h ago from GPFans.com
Franco Colapinto management issues abuse warning as...
Catch up on the biggest news stories of the day... Read More »
2h ago from RacingNews365.com
What $50 and $28,000 F1 tickets will get you at the Las...
F1 have announced when their tickets will go on... Read More »
3h ago from GPFans.com
