News Details
US-Qatari consortium eyeing F1 stake bid
A US-Qatari led consortium is reportedly closing in on a deal to purchase a sizeable stake in Formula 1. British newspaper the Financial Times claims that RSE Ventures and Qatar Sports Investments are weighing up a bid for a 35 percent share of F1 from the CVC Capital Partners group, believed to be worth $7-8 billion US dollars. RSE Ventures is headed by Stephen Ross, the owner of the Miami Dolphins American Football team, while Qatar Sports Investments is part of the Qatar Investment Authority, the country’s sovereign wealth fund. The consortium is undertaking due diligence with a formal bid yet to be tabled. Formula 1 boss Bernie Ecclestone claims to be unaware of any forthcoming deal...
Full Story »
Full Story »
10y ago from SpeedCafe.com
0
You May Also Be Interested In...
US-Qatar group reportedly in F1 bid
The owner of the Miami Dolphins American football team is reportedly...
10y ago from BBC.co.uk
US group teaming up with Qatar to buy a major stake in...
Miami Dolphins owner Stephen Ross bidding F1 stake RSE Ventures is...
10y ago from ThisIsF1.com
Qatar, RSE teaming up to buy F1 stake
RSE Ventures is teaming up with Qatar to buy a 35.5 percent stake in the...
10y ago from SuperSport.com
US-Qatar led group looking to bid for control of F1
An American-Qatari led investment and sporting group is looking to buy a...
10y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
How Jorge Lorenzo is pushing Maverick Vinales beyond...
No description available...
7h ago from Motorsport.com
Ducati will continue racing its unbeatable 2024 engine...
No description available...
1d ago from Motorsport.com
Can Johann Zarco match factory Honda duo Joan Mir and...
No description available...
1d ago from Motorsport.com
Joan Mir: ‘Everyone cannot sleep’ because of 2027...
Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
2d ago from MotorsportWeek.c...
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
3d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
2d ago from Motorsport.com
Mick Schumacher reveals what has surprised him the...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
7h ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
9h ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
9h ago from Motorsport.com
WRC Sweden: Elfyn Evans heads Toyota 1-2-3-4 into...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
What Christian Norgaard was seen telling the Arsenal...
Arsenal’s medical woes took center stage during their latest outing as...
1h ago from CaughtOffside.com
One Arsenal star gets singled out for pulling the...
Arsenal forward Noni Madueke was full of praise for Eberechi Eze following...
2h ago from CaughtOffside.com
'Ruins my mood every time I watch him', 'Simply just a...
Fans reacted to the performance of striker Viktor Gyokeres in Arsenal's...
3h ago from SportsKeeda.com
Arsenal outclass and overwhelm Wigan in dominant FA...
Arsenal dispatched Wigan with ease to progress into the fifth round of the...
4h ago from SkySports.com
Comments
Hottest News
Lewis Hamilton boosted as Ferrari set for massive upgrades...
Lewis Hamilton doesn't seem like he's been able... Read More »
2h ago from GPFans.com
F1 engineer begins restoring Aston Martin left abandoned...
It's important for young engineers and mechanics... Read More »
40m ago from GPFans.com
Lewis Hamilton just provided the funniest ever moment of F1...
It's an unspoken (and obvious) truth about anyone... Read More »
3h ago from GPFans.com
