cvc capital partners

Controversial Formula One boss Bernie Ecclestone is facing bribery charges from German prosecutors. The long-rumoured indictments stem from the 2006 sale of the racing series from Germany's Bayern LB bank to CVC Capital partners. The charge could result in Ecclestone facing jail time and losing ...

Formula One CEO Bernie Ecclestone should expect Germany to file charges against the executive over his alleged bribery of former banker Gerhard Gribkowsky. That's according to Autoweek, which notes Gribkowsky oversaw the sale of BayernLB's stake in the racing series back in 2006 to CVC Capital ...

It may be a while before Bernie Ecclestone is successful in his plans to float Formula One on the Singapore Stock Exchange, but that doesn't mean that he and his employers at CVC Capital Partners can't begin selling off chunks of their business. Out of a valuation of US$9.1 billion, CVC sold off ...

It is exceptionally rare for Bernie Ecclestone to be shown the yellow flag when it comes to his Formula One business dealings, but that's what happened with two of his projects. A month ago, Ecclestone agreed to terms with France's sports minister David Douillet to reinstate the French Grand Prix ...

Formula One has many homes: the Formula One Management company that controls its commercial aspects is based in London, the FIA that governs its sporting aspects is based in Paris, and you'd certainly have a point to make if you asserted its spiritual home was in Monaco. But none of these places ...

CVC. To those familiar with the commercial side of things, those letters are synonymous with Formula One. But they weren't always, and they may not be forever. In fact, it is almost assured that the day will come when CVC Capital Partners will sell its majority stake in the premier racing series. ...

Formula One boss Bernie Ecclestone may find himself in legal trouble in Germany over allegations that he bribed a bank official U.S. $50 million. According to Yahoo Sports' European arm, prosecutors are currently gathering evidence against the F1 honcho. The would-be charges center around the ...

It takes two to tango, and apparently Bernie Ecclestone is in no rush to lace up his dancing shoes. The F1 chief reportedly insists that, despite rumours of Rupert Murdoch and Carlos Slim joining forces to buy it out, the international motor racing series is not, in fact, for sale. CVC Capital, ...

You've probably heard the old saying that the best way to make a small fortune in Formula One racing is to start with a big fortune. The Telegraph in the UK is reporting that Rupert Murdoch's News Corp. may be looking to put that saying to the test, as the media empire is reportedly engaged in ...