Ecclestone prefers Singapore listing over Formula One sale
CEO Bernie Ecclestone was quoted as saying Formula One should seek Singapore listing amidst growing interest in the sport in Asia.
A Bloomberg report said, “CVC Capital Partners Ltd, the majority owner of Formula One, would be better off exiting the business via an initial public offering in Singapore rather than selling it, Ecclestone said, according to the newspaper (Sunday Telegraph).”
View the report here.