The F1 change hands

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CVC Capital Partners has spent several months negotiating with the group
american Liberty Media’s acquisition of the
actions corresponding to Formula 1
and, according to Auto Motor und
Sport
, on Tuesday, September 6 will run a first payment of the
operation that includes the holdings of other shareholders by
a total of 8,500 million euros.

The purchase will be effective after a second payment. Currently, the
shares of the Formula 1 are in the hands of CVC, Waddell & Reed,
Lehman Brothers, JP Morgan, Bernie Ecclestone, Bambino Holdings
-business network of the family of Ecclestone – and the AIF, which
has the 1%.

Bernie Ecclestone declared Auto Motor und Sport that is not yet
defined the role that it will play once the transaction was completed,
but “I will do what I always do, the role I will perform is
my decision”
, leaving in the air his presence in the paddock
with an enigmatic “we’ll see”.