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Bernie quietens talk of team buy-in

Sunday 13th April 2014

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Bernie quietens talk of team buy-in

Bernie quietens talk of team buy-in

The F1 teams won't be getting their hands on the sport any time soon as Bernie Ecclestone doubts CVC wants to sell.

Recently there was talk about a group of teams considering buying into Formula 1.

According to Eccelstone a "conversation" had taken place, although he was quick to point out that "just" a conversation had taken place and that it "may not go anywhere."

He added: "We'll see what the group comes up with - maybe they will get enough together to buy shares."

However, days later the F1 supremo, who later this month will face bribery charges in a Munich court, ruled it out.

"Maybe CVC will still try and float," he told Christian Sylt at the Financial Mail On Sunday.

"They are in no hurry to sell. I get the impression they don't want to get rid of Formula 1."

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