The owner of National Football League (NFL) franchise the Miami
Dolphins and investors from Qatar are interested in purchasing a
controlling stake in Formula One in a deal worth around £5 billion.
Dolphins owner Stephen Ross is planning to launch a bid for CVC
Capital Partners' 35.5% stake in F1 and Bernie Ecclestone's 5% in a
joint venture through his company RSE Ventures and Qatar Sports
Investments (QSI), owners of French football club Paris St. Germain.
It is believed if Ecclestone was to sell his stake, he would still
remain involved in the sport. A source told the Financial Times, "They
believe he brings a lot to the sport and they can help expand it into
the US and Chinese markets.”
RSE refused to comment on reports, but speculation is building that they will officially lodge a bid in the coming weeks.
QSI are interested in a long-term partnership with Ross centred around the development and transformation of Formula One.
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