F1's plans to float on the stock exchange look set to sit idle on the grid for some time. Writing in the Telegraph, business journalist Christian Sylt said the sport's owner CVC has now delayed the listing at least until 2014.
Sylt said the reasons for the delay are market turmoil but also F1 chief executive Bernie Ecclestone's legal troubles surrounding the Gerhard Gribkowsky corruption affair. "It is hard to tell depending on what happens with the markets but I think 12 to 18 months is probably a realistic time-frame," he quoted a CVC source as saying. The source added that he hopes the Ecclestone issue "would have resolved itself" by then. (GMM)
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CVC Capital puts F1 float on hold until 2014
- Published on 01 Nov 2012 09:49
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- By: Rob Veenstra
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Formula 1 Calendar - 2026
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Spain
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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
26 - Jun 28
Austria
Red Bull Ring
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