A Spanish investment company has taken a controlling stake in the Hispania Racing outfit. As rumoured on Sunday, the outfit has been taken over, not by read more »
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F1 2011 tailender Hispania Racing confirms that a majority stake in the team has been sold to Spanish venture capital firm Thesan Capital. read more »
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Spanish investment company Thesan Capital has taken a controlling stake in the Hispania Formula 1 team read more »
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Gerhard Gribkowsky is accused of receiving $50m for allegedly undervaluing a stake in SLEC which BayernLB sold to CVC in 2006. Independent proof now emerges that BayernLB got... read more »
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Bernie Ecclestone has brushed aside suggestions that the Formula One teams might take an ownership stake in F1 or set up a rival series in order to have a bigger say in the... read more »
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Formula One Teams' Association chairman Martin Whitmarsh says the teams should have a stake in the sport, following a FOTA meeting in Turkey. The meeting between read more »
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Amid speculation that News Corporation is lining up a bid for the sport's commercial rights, Formula One teams have revealed they are also interested in some level of... read more »
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Formula 1 teams say that ownership of a share in the sport is an ambition they are keen to achieve, after admitting in Turkey that they are are ready to listen to what News... read more »
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Martin Whitmarsh, chairman of the Formula 1 Teams Association, says his members aim to ultimately control the sport read more »
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CVC Capital Partners, the company which owns the sport of Formula One, has acknowledged that Exor/News Corporation have approached them with a view to buying a stake but... read more »
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Bernie Ecclestone has said that he is deciding whether or not to sell his stake of the Queens Park Rangers football club for around 100 million pounds. The head of the Formula... read more »
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Mercedes GP Team Principal Ross Brawn made some 100 million pounds by selling his final stake of the outfit which formerly carried his name to Daimler and Aabar Investments at... read more »
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Dutch investment company Cyrte has claimed a five percent stake of Williams Grand Prix Holdings PLC, with the squad co-owned by Sir Frank Williams and Patrick Head making... read more »
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Daimler AG today announced that, together with Aabar Investment PJS, it has acquired the remaining 24.9 per cent stake in Mercedes-Benz Grand Prix Ltd located in Brackley, UK... read more »
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Daimler AG has announced that, together with Aabar Investment PJS, it has acquired the remaining 24.9 per cent stake in Mercedes-Benz Grand Prix Ltd located in Brackley, UK... read more »
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Marussia Virgin Racing team principal John Booth has joined those backing the decision to cancel the F1 2011 season opener in Bahrain. read more »
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Paul di Resta must beat his Force India team-mate Adrian Sutil during his rookie season on the grand prix grid in 2011 if he is to stake his claim to a long F1 future, argues... read more »
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The Virgin Racing Formula 1 team will be racing under the Russian flag in 2011 according to Marussia Motors President Nikolai Fomenko. In November Russian company Marussia... read more »
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Mercedes is expected to take complete control over its team by buying out the remaining shares held by Ross Brawn and his partners read more »
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A former German banker who was involved in the sale of a stake of Formula 1 to current owners CVC has been arrested in Germany read more »
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A former German bank executive has been arrested for allegedly accepting a $50 million kickback in the 2006 sale of a large stake in the CVC... read more »
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Formula 1 commercial rights holder Bernie Ecclestone has purchased former Renault Team Manager Flavio Briatore’s stake in English Championship football club Queens Park Rangers. read more »
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Bernie Ecclestone has increased his stake in Queens Park Rangers Football Club, reportedly buying shares off fellow owner Flavio Briatore read more »
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Group Lotus has already confirmed that it has purchased a 25 percent stake in the Renault F1 Team ahead of 2011 although the Proton-owned, Norfolk-based sports car company is... read more »
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Group Lotus CEO Dany Bahar has hinted that the organisation is interested in a larger stake of the RenaultF1 team in the future, perhaps even regarding a full takeover read more »