06-10-2015 22:48 via uk.news.yahoo.com

Formula One could be sold this year - Ecclestone

Formula One could have new owners by the end of the year with three parties currently interested, the sport's commercial supremo Bernie Ecclestone said on Tuesday. "Our shareholders at the moment are basically in such a position where they have to lose some of their shares, or all of them, shortly," the 84-year-old Briton told a Camp Beckenbauer Global Summit in Kitzbuehel, Austria, in a telephone interview. CVC Capital Partners are currently the controlling shareholders with a 35.5 percent stak
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