What could Liberty dollars mean for F1?
Does Formula 1 now have not one, but two, frontrunning suitors waiting in the ownership wings, linked down by their names and ready to shake things up?
A year ago we analysed the chances of a sale of Formula 1's commercial rights by CVC Capital Partners, the venture fund that controls 35.5% of rights-holding entity Formula One Management (via FOM's parent company Delta Topco), but effectively controls 75% of the vote via a string of proxy deals it struck during its sell-off of share blocks to a string of investors.
The analysis included the following paragraph, which remains equally salient today:
The wheres, whys and whats of CVC's investment in Formula 1 have oft been analysed in these pages, and it is no secret that CVC generally works to seven-to-10-year acquisition cycles, with November this year [2015] marking exactly a decade since it acquired the rights in 2005.
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