Wednesday 24 June 2015

Formula 1: US-Qatari investors 'to bid' for sport - BBC News

Formula 1: US-Qatari investors 'to bid' for sport - BBC News:



"The Miami Dolphins American football team owner Stephen Ross is reportedly working with investors from Qatar to buy a stake in Formula 1 racing.



RSE Ventures and Qatar Sports Investments plan a bid for CVC Capital Partners' 35.5% stake in the holding company that owns F1.



The Financial Times and Reuters said the deal could be worth up to $8bn, and help build F1's presence in the US."



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