F1’s owner CVC Capital Partners has confirmed that Rupert Murdoch’s News Corporation and the Ferrari-linked Exor company have made a “friendly” approach. News Corp and Exor SpA, controlled by the ...
Read More »Tag Archives: CVC
EC would block Murdoch takeover – Ecclestone
Bernie Ecclestone on Sunday said the European Commission would stand in the way of a sale of F1’s commercial rights to media mogul Rupert Murdoch. The F1 chief executive was ...
Read More »CVC chief to be questioned in bribery probe – report
Munich prosecutors are preparing to delve deeper into formula one’s top management as the $50 million bribery affair is investigated. F1 chief executive Bernie Ecclestone travelled to Munich earlier this ...
Read More »CVC not ruling out sale of F1 stake – report
CVC is not ruling out selling its 100 per cent ownership of formula one’s commercial rights, according to financial news specialists Reuters. The report said “several sources” believe the private ...
Read More »Lawyer says Ecclestone ‘available’ for corruption probe
Bernie Ecclestone is reportedly “happy” to make himself “available as a witness” as German prosecutors investigate a corruption scandal. Banker Gerhard Gribkowsky is detained in Munich, accused of receiving $50 ...
Read More »Ecclestone to be questioned in bribery probe
German prosecutors are likely to seek an interview with Bernie Ecclestone as they investigate F1’s 2006 takeover. It is the latest development following the jailing in Munich of banker Gerhard ...
Read More »CVC sounds out businessman for top F1 role
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 revealed last month that, due to the ...
Read More »Ecclestone denies paying $50m bribe to F1 banker
Bernie Ecclestone has denied paying a bribe to a German banker arrested last week for corruption. Gerhard Gribkowsky, once representing former F1 owner Bayerische Landesbank, is charged with accepting $50 ...
Read More »