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CVC could sell F1 'in a matter of weeks'
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CVC Capital Partners could sell its majority share in F1 "in a matter of weeks", according to a Bloomberg report. According to the report, Goldman Sachs is actively seeking buyers for CVC's 35% stake. With CVC's original investment having been $2billion (£1.5bn) back in 2006, the report claims the sale could now be for as much as $10bn (£7.7bn). Rupert Murdoch’s Sky Plc, the Qatar Investment Authority and RSE Ventures - chaired by Miami Dolphins owner Stephen Ross - are again linked with a deal, following a report the latter two were in talks with CVC in June. RSE are believed to be keen to keep 85-year-old Bernie Ecclestone involved should it...
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