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Ecclestone to buy back Formula 1 at bargain price?
A report has emerged this weekend which every motorsport media outlet has latched on to, suggesting that Liberty Media are already looking to off-load Formula 1 which they purchased for over $8-billion in 2017 – and, apparently, the first in line to buy it back at a bargain basement price is former self-styled supremo Bernie Ecclestone. John Wall Street report: 'Less than 3 years after Liberty Global acquired Formula One, the company is reportedly exploring scenarios that would decrease their stake in the international racing circuit.' 'Everything from an exit to the introduction of new equity partners in on the table. Liberty has failed to add races and/or major sponsors, attract...
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7y ago from GrandPrix247.com
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