Deals
Formula 1 Teams Look at Buying Series Stake, Ecclestone Says
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A group of Formula One teams is “having a conversation” about buying a stake in the auto racing series whose biggest shareholder is CVC Capital Partners Ltd., F-1 Chief Executive Officer Bernie Ecclestone said.
Ecclestone, who owns a 5 percent stake in the business, said he’s not part of the talks and didn’t identify the teams involved.