Site logo

F1 shares not for sale

NEWS STORY
31/08/2005

At a time when there is talk of various consortiums lining up to purchase a major slice of Formula One, and on the eve of a meeting between FIA President, Max Mosley, and the team bosses, Formula One Management (FOM) has issued a rather curious press release signed by Bernie Ecclestone.

It reads:

"It has been reported that approaches have been made in relationship to the sale by the controlling shareholders of SLEC. Although the approach has been made, the answer has been that the company shares are not for sale. The shareholders are long term investors and have the interest and stability of Formula One foremost in their mind."

In recent days there have been a number of stories related to consortiums showing an interest in F1, thereby appearing to demonstrate that SLEC is an attractive proposition. One has to wonder who might gain most by these stories being leaked to the media.

LATEST NEWS

more news >

RELATED ARTICLES

LATEST IMAGES

galleries >

  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images

POST A COMMENT

or Register for a Pitpass ID to have your say

Please note that all posts are reactively moderated and must adhere to the site's posting rules and etiquette.

Post your comment

READERS COMMENTS

 

No comments posted as yet, would you like to be the first to have your say?

Share this page

X

Copyright © Pitpass 2002 - 2024. All rights reserved.

about us  |  advertise  |  contact  |  privacy & security  |  rss  |  terms