Ecclestone to sell interest in F1

[iGav]

😱 😱 😱 Wow, didn't expect that one.

Need to sit and digest this, and how it'll affect things.

Rinky dink link

Thoughts?

 

[garybUK]

When a sports managed by equity groups and the like then you know things are bad!!!!

frankly i think the big companies like BMW, Renault Sport, Ferrari etc. etc. should fund and create a new 'F1' sport.

 

[iGav]

When a sports managed by equity groups and the like then you know things are bad!!!!

frankly i think the big companies like BMW, Renault Sport, Ferrari etc. etc. should fund and create a new 'F1' sport.

Don't CVC have a controlling interest in Moto GP???

This could be interesting... personally I can see the teams buying F1, I need to read up more on this and it's possible ramifications though.

 

[Lord Blackadder]

😱

So what does this mean long term?

Too many things to digest at once...

 

[hvfsl]

😱

So what does this mean long term?

Too many things to digest at once...

Less money for the teams, more money for the investers.

But then Ecclestone is getting quite old, so I expect he wants to enjoy the money while he still has his health.

 

[russed]

good riddence to bad rubbish i say. good to see him gone. get rid of the other people in charge and maybe proper motorsprot will return (i hope)

 

[Lord Blackadder]

good riddence to bad rubbish i say. good to see him gone. get rid of the other people in charge and maybe proper motorsprot will return (i hope)

To bad it's Bernie and not Max.

 

[Counterfit]

To bad it's Bernie and not Max.

I'd rather have Bernie gone than Max, and both rather than one.