Company Overview of Formula One Administration Limited
Formula One Administration Limited provides information relating to Formula One and holds its commercial rights. It offers Formula One news, email alerts, and feeds, as well as information relating to Formula One races, results, and teams and drivers. The company also operates an online store selling T-shirts, polo shirts, jackets and tracksuits, headwear, footwear, gifts and accessories, watches, wallets, luggage, key rings and lanyards, toys and models, flags and pennants, golf and car accessories, DVDs, photo frames, books, video games, mouse mats, document folders, writing pads, and posters. In addition, it provides race information through mobile phones. Further, Formula One Administrat...
6 Princes Gate
London, SW7 1QJ
Founded in 1999
44 20 7584 6668
44 20 7589 2191
Key Executives for Formula One Administration Limited
Compensation as of Fiscal Year 2015.
Formula One Administration Limited Key Developments
Ecclestone Hints At Buying Back Formula One From CVC
Jul 5 15
Bernie Ecclestone hinted last night he may buy back control of Formula One Administration Limited with the help of Donald Mackenzie, the Chairman of the current majority shareholders. Mackenzie, head of CVC Capital Partners Limited, has been looking to offload the sport, with a consortium of Qatari and American investors understood to be close to a bid. But Ecclestone raised the possibility that he and Mackenzie could use their own money to buy CVC Capital Partners’ 35% stake, which would given them a controlling share. "Donald doesn't want to sell, as simple as that," Ecclestone claimed. "He loves F1, he loves the business, he doesn't want to sell. He may have to sell his shares. Whether he'll invest himself, maybe with me, separately, we'll have to wait and see. We're talking." On the Qatari bid, Ecclestone added, "I can work with anybody. It doesn't make a difference to me. Lots of people have made approaches."
Sky And Liberty Global Reportedy Eye Stake In Formula One; Others Also Line Up
Jun 29 15
Sky plc (LSE:SKY) and Liberty Global plc (NasdaqGS:LBTY.A) are considering submitting a £4.5 billion bid to acquire a controlling stake in Formula One Administration Limited from CVC Capital Partners Limited, the Sunday Times reported citing City sources. Sky and Liberty have held informal discussions with CVC, the report stated. CVC holds 35.5% in Formula One. It has been reported that RSE Ventures, Inc. and Qatar Sports Investments have also reportedly joined forces to acquire the stake. Lawrence Stroll is also known to be interested.
Dolphins Owner, Qatar Sports Investments Reportedly Weigh Bid for Control of Formula One
Jun 23 15
Stephen Ross, Chairman of Miami Dolphins Ltd., Inc. and Qatar Sports Investments are reportedly considering a bid for control of Formula One Administration Limited. Stephen Ross's company RSE Ventures, Inc. may buy 35.5% of Formula One's holding company from CVC Capital Partners Limited. Stephen Ross is reportedly considering a £5billion deal to take control of Formula One.
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