F1 ownership - Bernie & car makers?

Super Tourer · 25 Feb 2002, 11:20 (Ref:222227)

Now that the Kirch empire is crumbling their stake in F1 will be for sale. It is very likely that whoever buys it will get it for a fraction of the price that Kirch paid Bernie for it.

This makes for a perfect win, win situation for Bernie as its is believed that Fiat, Renault, Mercedes & BMW are looking at potentially buying the stake. This is great news for Bernie as would remove the risk of the manufacturers forming a break away series and diluting F1.

If they don't choose to buy Kirch's stake - then Bernie can simply buy it back for substantially less than he received for it - knowing that the car makes will remain in F1 , with the pay TV deal that Kirch was proposing (and they were against)removed.

As it said in one of the Sunday papers - you could get all the people that have come off better in a deal against Bernie - into a phonebox.......

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