Sports
Formula 1 could be sold this year: Bernie Ecclestone
Sochi (Russia): Formula One might be sold this year to one of three interested buyers, according to the sport’s boss Bernie Ecclestone.
The 84-year-old has not identified the potential buyers, but said he had been asked to remain as commercial chief, a role he has held since 1978, the BBC reported on Tuesday.
Stephen Ross, the owner of NFL side Miami Dolphins, has been working with investors from Qatar to buy a stake in the sport.
Investment fund CVC Capital Partners is F1’s controlling shareholder.
“There has been a lot of interest and there are three interested parties at the moment. I will be surprised if one of them does not buy them shortly,” Ecclestone said.
Asked when he expects to see a new owner in F1, he replied: “This year.”
Ecclestone has a 5.3 percent stake in F1, while CVC owns 35.5 percent after initially gaining control of the sport in 2006 for around $2 billion.
Mercedes team boss Toto Wolff said the same conference that it is important to have a “sustainable shareholder with a long-term perspective and vision”.
The left-handed batsman from Haryana is garnering praise from all quarters for the way he’s finishing games regularly in the most exciting IPL season.
Gavaskar reckons Tewatia’s whirlwind knock in Sharjah (in IPL 2020) where he smashed West Indies pacer Sheldon Cottrell for five sixes in an over, gave him the confidence that he belongs to the big stage.
Speaking on Cricket Live on Star Sports, Gavaskar said, “That assault on Sheldon Cottrell in Sharjah gave him the belief to do the impossible and the confidence that he belongs here. We saw the impossible (he did with the bat) the other day as well. There’s no twitching or touching the pads (which shows a batter’s nervousness) when he bats in the death overs. He just waits for the ball to be delivered and plays his shots. He’s got all the shots in the book, but most importantly his temperament to stay cool in a crisis is brilliant.”
Gavaskar has also nicknamed the 28-year-old cricketer the ‘ice-man’ and lauded Tewatia’s ability to remain unruffled during the tense moments.
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