{"id":16058,"date":"2012-05-26T04:04:21","date_gmt":"2012-05-26T08:04:21","guid":{"rendered":"https:\/\/www.racinginfocus.com\/?p=16058"},"modified":"2012-05-26T04:04:21","modified_gmt":"2012-05-26T08:04:21","slug":"f1-to-delay-singapore-floatation","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/f1-to-delay-singapore-floatation\/","title":{"rendered":"F1 to delay Singapore floatation"},"content":{"rendered":"<p>Plans to imminently float formula one on the Singapore stock exchange may have stalled.<\/p>\n<p><img loading=\"lazy\" class=\"ngg-singlepic ngg-left alignleft\" style=\"margin: 5px;\" src=\"https:\/\/www.racinginfocus.com\/rif\/gallery\/f1-2012-rif-images\/f1-12-people\/Bernie-Ecclestone-1.jpg\" alt=\"Bernie-Ecclestone-1\" width=\"384\" height=\"256\" \/>Bernie Ecclestone, F1&#8217;s new chairman Peter Brabeck, and CVC representative Donald Mackenzie, admitted in Monaco on Friday that the high-profile, multi billion dollar listing might be delayed.<\/p>\n<p>&#8220;I think we made a step forwards but no decision has been taken,&#8221; Brabeck is quoted by Reuters.<\/p>\n<p>Mackenzie said the recent selling of a $1.6 billion F1 stake to three new owners had changed things.<\/p>\n<p>&#8220;If anything it has reduced the pressure or the need for an IPO or a next step and that&#8217;s why the board looked at the IPO today as one option,&#8221; he said.<\/p>\n<p>And the Gulf Times quotes Ecclestone as saying: &#8220;The market doesn&#8217;t look too bright after that little bit of a problem with Facebook.<\/p>\n<p>&#8220;So I think they are going to wait and see.&#8221;<\/p>\n<p><span style=\"color: #888888;\"><em>\u00a9 RIF|GMM<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plans to imminently float formula one on the Singapore stock exchange may have stalled. Bernie Ecclestone, F1&#8217;s new chairman Peter Brabeck, and CVC representative Donald Mackenzie, admitted in Monaco on Friday that the high-profile, multi billion dollar listing might be delayed. &#8220;I think we made a step forwards but no decision has been taken,&#8221; Brabeck &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[3],"tags":[59,3002,5262,5340,3759],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/16058"}],"collection":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/comments?post=16058"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/16058\/revisions"}],"predecessor-version":[{"id":16059,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/16058\/revisions\/16059"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=16058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=16058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=16058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}