Manufacturers seek two-tiered share in F1

The car manufacturers looking to buy a stake in Formula 1 could operate a two-tiered arrangement if their plan to buy a 30 per cent share in Bernie Ecclestone's management empire is successful

Manufacturers seek two-tiered share in F1

The key player behind the bid is Mercedes-Benz board member Jürgen Hubbert, who is thought to want the power assigned to the manufacturers split over two levels, whereby companies which own part of a team - Ferrari, Ford and Fiat - are given more influence than those involved just as engine suppliers.

The stake in Ecclestone's holding company SLEC - which owns the television and marketing rights to Formula 1 - is said to be up for sale for around £500 million. The companies involved in the potential bid are due to meet this week at the Paris Motor Show in order to devise a strategy for buying the share.

A 30 per cent share would give the car companies some say in the marketing and distribution of television rights for Formula 1, but the manufacturers would ideally like to have a larger stake in order to have as much influence as possible within the sport.

shares
comments
TV network buys stake in Minardi
Previous article

TV network buys stake in Minardi

Next article

Stewart defends Silverstone after Mosley's attack

Stewart defends Silverstone after Mosley's attack
How F1 has tried to avoid repeating its 2014 engine rules mistakes Plus

How F1 has tried to avoid repeating its 2014 engine rules mistakes

With Formula 1’s future engine regulations now agreed, MARK GALLAGHER wonders if they will provide a more competitive field than past attempts actually managed

Formula 1
Sep 26, 2022
How its faltering first turbo car advanced a Williams-Honda glory era Plus

How its faltering first turbo car advanced a Williams-Honda glory era

STUART CODLING charts the development of the Williams FW09, the ugly duckling that heralded the start of the title-winning Williams-Honda partnership

Formula 1
Sep 25, 2022
The Moss-Ferrari farce that current F1 drivers are thankfully spared Plus

The Moss-Ferrari farce that current F1 drivers are thankfully spared

Recent moves within the driver market have reminded MAURICE HAMILTON of a time when contracts weren’t worth the paper they weren’t written on…

Formula 1
Sep 24, 2022
Audi’s innovative first assault on grand prix racing Plus

Audi’s innovative first assault on grand prix racing

It has been a long time coming but Audi’s arrival in Formula 1 is finally on the horizon for 2026. But it won’t be its first foray into grand prix racing, as the German manufacturer giant has a history both long and enthralling

Formula 1
Sep 23, 2022
The seven factors powering Verstappen's 2022 F1 domination Plus

The seven factors powering Verstappen's 2022 F1 domination

After a tooth and nail and, at times, toxic Formula 1 world championship scrap last year, Max Verstappen's march to a second consecutive title has been the exact opposite. But has he really changed in 2022? Here's a dive into what factors have played a crucial role, both inside the Verstappen camp and elsewhere, in the Dutch driver's domination

Formula 1
Sep 23, 2022
Why Hamilton is still the man to keep driving Mercedes forward Plus

Why Hamilton is still the man to keep driving Mercedes forward

Lewis Hamilton’s words in a recent Vanity Fair interview define both his world-view and his approach to this season: one of perpetual struggle against adversity. As GP RACING explains, that’s what Lewis feeds off – and why, far from being down and nearly out, he’s using his unique skillset to spearhead Mercedes’ revival…

Formula 1
Sep 22, 2022
The time lag of ideas that offers intrigue over F1's future fight Plus

The time lag of ideas that offers intrigue over F1's future fight

The pecking order in 2022's Formula 1 season may look pretty static as the season draws to a close, but the unique nature of the cost cap means that preparation for next season takes precedence. New developments are being pushed back to 2023 - which could mask the technical development war ongoing...

Formula 1
Sep 22, 2022
How one retro event could prove an alluring prospect for Formula 1 stars Plus

How one retro event could prove an alluring prospect for Formula 1 stars

While Formula 1 drivers taking part in retro events can prove costly, as Charles Leclerc discovered at the Monaco Historic Grand Prix, the Goodwood Revival could prove an interesting experiment for today's stars. As the event's own Tourist Trophy race proves it means serious business, a race for current F1 drivers feels as though it’s in line with where the event is currently at

Goodwood Revival
Sep 21, 2022