Ecclestone sells Formula 1 rights - Democratic Underground

MaineDem

(1000+ posts) Send PM | Profile | Ignore

Tue Mar-28-06 03:54 PM
Original message

Ecclestone sells Formula 1 rights

Private equity group CVC Capital Partners has completed its takeover of Formula One's commercial rights.

CVC's Donald Mackenzie said the company was now looking forward to working with Formula One boss Bernie Ecclestone "to further develop and grow the business".

The European Commission gave the green light to the deal last week, saying it would not significantly impede effective competition.

CVC will run Formula One through new subsidiary Alpha Prema UK.

http://news.bbc.co.uk/1/hi/business/4852894.stm

But Bernie will still run it.

Refresh | 0 Recommendations

Printer Friendly | Permalink | Reply | Top

SpeedwayDemocrat

(339 posts) Send PM | Profile | Ignore

Fri Mar-31-06 01:14 PM
Response to Original message

1. If Bernie's in charge - send the US Grand Prix to Las Vegas...

We really don't want them back here in Speedway, if they're going to let him continue to screw the fans like he did at last year's F-1.
Angry fans trashing out our town again? No thanks - move the thing to Las Vegas and ask Tony George not to renew the contract...
No amount of revenue is worth the black eye he gave that sport in the US...

Printer Friendly | Permalink | Reply | Top

DU AdBot (1000+ posts)

Sat May 04th 2024, 08:44 PM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.