Ecclestone Prefers Singapore Listing for Formula One, Telegraph Reports

Formula One should seek a listing in Singapore given Asia’s growing interest in the sport, Chief Executive Officer Bernie Ecclestone said, according to the Sunday Telegraph.

CVC Capital Partners Ltd, the majority owner of Formula One, would be better off exiting the business via an initial public offering in Singapore rather than selling it, Ecclestone said, according to the newspaper.

To contact the reporter on this story: Zijing Wu in London at zwu17@bloomberg.net

To contact the editor responsible for this story: Jacqueline Simmons at jackiem@bloomberg.net

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