Bernie Ecclestone has confirmed that plans to float formula one on the Singapore stock exchange have been put on the back burner for now. The F1 chief executive said in Monaco last weekend that the sport's owners had adopted a "wait and see" attitude in light of the problems with Facebook's high profile listing. And this week, London based jeweller Graff Diamonds postponed its Hong Kong floatation, citing adverse market conditions.
Ecclestone told Bloomberg on Thursday that F1 is also going to wait for the markets to "settle down". "I'm absolutely confident we will do it this year," said the 81-year-old. "There's no rush, the markets aren't good at the moment, it doesn't inspire people," the Briton added. "We don't have to do it now." (GMM)
Bernie Ecclestone confirms F1 floatation delay
- Published on 01 Jun 2012 09:09
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- By: Rob Veenstra
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Jan 26
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M. Verstappen
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G. Russell
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L. Hamilton
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L. Norris
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C. Leclerc
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A. Antonelli
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Bahrain International Circuit - Winter testing
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G. Russell
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A. Antonelli
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Formula 1 Calendar - 2026
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Grand Prix
Circuit
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Spain
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Bahrain
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Bahrain
Formula 1 Calendar - 2026
Date
Grand Prix & Circuit
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Spain
Circuit de Catalunya
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Bahrain
Bahrain International Circuit
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Bahrain
Bahrain International Circuit
6 - Mar 8
Australia
Albert Park
13 - Mar 15
27 - Mar 29
Japan
Circuit Suzuka
10 - Apr 12
Bahrain
Bahrain International Circuit
17 - Apr 19
Saudi Arabia
Jeddah Street Circuit
1 - May 3
United States of America
Miami International Autodrome
22 - May 24
Canada
Gilles Villeneuve
5 - Jun 7
Monaco
Monte Carlo
12 - Jun 14
Spain
Circuit de Catalunya
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