Want to buy a part of Formula 1?

No, seriously. If cash is burning a hole in your pocket, then why not splash out and purchase part of one of the most successful global sports – the FIA Formula 1 World Championship. It could be yours for…

Around $2 billion if the figures being thrown around are correct. CVC Capital Partners who currently own around 65 per cent of Formula One Group (the business management arm of F1 that’s responsible for the promotion of the FIA F1 World Championship), is looking to sell around 20 per cent of that.

CVC Partners wishes to sell the stake quickly with sources indicating a July date in Singapore is on the cards. If this information proves to be correct, it would be the fourth largest IPO Singapore has ever dealt with. CVC Partners has brought in the famous Goldman Sachs Group Inc. to advise on the Formula 1 IPO.

Singapore hosts a round of the Formula 1 World Championship and the sports growing popularity in Asia, plus the strong Asian economy, makes Singapore a sensible place to conduct the sale. But what will this mean for current head honcho, Bernie Ecclestone, who owns around five per cent of the sport? Absolutely nothing. He will still remain in control.

Want to buy a part of F1? Better get in quick. And have a hell of a lot of money. And some bloody good financial advisors.

Web: CVC / F1
Image: STB.Gov.Sg

Recent Posts

  • Tech

Swann announces  2 new cameras in their EVO range

Swann has announced two additional cameras in their popular EVO range. The EVO Wireless 2K…

23 minutes ago
  • Tech

Anker SOLIX has a new battery-powered portable electric cooler just in time for camping season — the Everfrost 2

Anker SOLIX has announced the Australian launch and availability of the portable electric cooler, the…

1 hour ago
  • Tech

Australian pricing announced and pre-orders open for ROG Xbox Ally and ROG Xbox Ally X

After announcing the new ROG Xbox Ally and ROG Xbox Ally X gaming handhelds back…

2 hours ago
  • Product News

Samsung Launches Expanded Galaxy Line-Up in Australia covering wearables, phones and tablets

Samsung has announced a new suite of devices heading to Australia from today, expanding their…

6 hours ago
  • Tech

Samsung Galaxy S25 FE Review: A good phone at the right price

Samsung recently announced the new Galaxy S25 FE ahead of IFA, bringing a new more…

6 hours ago
  • Tech

AI PCs and the Battle for Consumer Understanding: Why Australia is at a Turning Point

By Bradley Howe, Head of Consumer – SYS BG, ASUS, Australia Australians are at an…

17 hours ago