Sep.27 (GMM) F1's stock market floatation will not take place in 2012, Bernie Ecclestone has announcedEarlier this year, the sport was making plans to immediately float on the Singapore exchange.But F1's chief executive said in May: "The market do...
F1 owner Bernie Ecclestone told the press that the announced F1's stock market floatation will not take place in 2012.
Earlier this year, the sport was making plans to immediately float on the Singapore exchange.
But F1's chief executive said in May: "The market doesn't look too bright after that little bit of a problem with (the) Facebook (floatation).
"So I think they are going to wait and see."
Ecclestone has now told the Telegraph: "The float won't happen this year, but next year (2013) it will if the markets change."
About the author
Leopold Pleijsier founded F1-Fansite.com in 2001 and has followed Formula 1 since the early 1980s. He writes about daily F1 news, race weekends, drivers and the sport’s history.
Related topics
Sep.27 (GMM) F1's stock market floatation will not take place in 2012, Bernie Ecclestone has announcedEarlier this year, the sport was making plans to immediately float on the Singapore exchange.But F1's chief executive said in May: "The market do...
F1 owner Bernie Ecclestone told the press that the announced F1's stock market floatation will not take place in 2012.
Earlier this year, the sport was making plans to immediately float on the Singapore exchange.
But F1's chief executive said in May: "The market doesn't look too bright after that little bit of a problem with (the) Facebook (floatation).
"So I think they are going to wait and see."
Ecclestone has now told the Telegraph: "The float won't happen this year, but next year (2013) it will if the markets change."
About the author
Leopold
Leopold Pleijsier founded F1-Fansite.com in 2001 and has followed Formula 1 since the early 1980s. He writes about daily F1 news, race weekends, drivers and the sport’s history.
Related topics