Miami Dolphins Owner Stephen Ross and QSI Reportedly Planning $7.9bn F1 Bid

Miami Dolphins owner Stephen Ross and the Qatar Sports Investment group could launch a $7.9 billion (£5 billion) attempt to buy a controlling stake in Formula One, according to Daniel Johnson of Telegraph Sport. A joint effort may be made to take over the sport which is currently suffering dwindling interest outside of Italy and the United Kingdom, per Johnson. CVC owns 35.5 percent of the business but was unable to raise its stake to 49 percent after talks with Liberty Global and Discovery Communications in 2014. Ross' company RSE Ventures could now be used to team-up in an attempt to gain control. The Financial Times (h/t Johnson) wrote that Ross is "keen" to maintain the presence of F1 chief Bernie Ecclestone—who has a person...

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