Ecclestone May Sell Half his Shares in F1 Management


Sunday September 5th, 1999

Sunday Business newspaper reports today that Formula One supremo, Bernie Ecclestone, is planning to sell half of his Formula One holdings for a sum of 1.5 billion pounds ($2.41 billion). The paper reports that the deal may be signed within the next few weeks and will see Ecclestone keeing the remaing 50% of the Formula One Management company. The newspaper does not name the potential buyer however.


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