Forsythe admits Ecclestone share interest
Champ Car's most powerful team boss, multi-billionaire businessman Jerry Forsythe, has admitted that Formula 1 supremo Bernie Ecclestone could be on the verge of buying a majority stake in the US-based single-seater series, according to this week's AUTOSPORT magazine
Ecclestone has been linked to making a bid for sanctioning body CART since the end of 2002, and Forsythe - himself a major shareholder in the company - has revealed the story contains substance.
"He [Ecclestone] has been looking at it for quite a few months," Forsythe told AUTOSPORT. "He's a very intelligent man and understands what the value of the company is and what the good points are for him in having a large share in the company."
Forsythe confirmed that he has sent his own personal appraisal of the series and its governing body to Ecclestone, and said: "If it happened it would be great for Champ Car. I don't see any downside."
Forsythe added that if a deal was to be struck then it would have to occur within in the next month.
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