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Old 4 Feb 2014, 11:33 (Ref:3364014)   #73
wnut
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Originally Posted by wolfhound View Post
There is possibly a new investor looking at buying out CVC to gain control of F1. It is suspected US media billionaire John Malone is interested in buying CVC's shareholding. In Europe he owns 51% of Eurosport, but also owns Virgin Media (UK), Unitymedia (GER), Ziggo (NL) and Telenet (BEL).

If he were to gain control of F1 it could have significant ramifications to how we see it in the media. CVC has been trying to offload its shareholding for some time with the failed float etc. So it would be folly to discount such a move.

http://joesaward.wordpress.com/2014/...ula-one-group/

Now Bernie is denying it.

http://www.pitpass.com/50872/Ecclest...ed-F1-takeover
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