31/08/2005
NEWS STORY
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.