The acquisition of a stake in F1 by Norwegian sovereign fund Norges Bank Investment Management is being questioned by ministers after the sport failed to float on the Singapore... read more »
Latest F1 news about: Norges
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It's been in the making for a number of years now, but it looks as though Formula 1's plans to float on the stock market won't happen any time soon. The sport... read more »
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Formula One's initial public offering (IPO) will definitely go ahead in 2013, according to the sport's chief executive Bernie Ecclestone. CVC, which owns a... read more »
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Formula 1 majority owner, CVC Capital Partners, has sold another stake in the sport raising an additional £320 million ($500m) on top of last months £1... read more »
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Between them, Waddell & Reed, BlackRock and Norges have bought 21.3% of CVC's stake in Formula One, but for their £1bn they don't get a say in the running of the... read more »
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Even ahead of F1's Singapore floatation, the sport has some new owners. Reuters, the specialist financial market news agency, said US-based asset managers Waddell and... read more »