The owner of National Football League (NFL) franchise the Miami Dolphins and investors from Qatar are interested in purchasing a controlling stake in Formula One in a deal worth around £5 billion.
Dolphins owner Stephen Ross is planning to launch a bid for CVC Capital Partners' 35.5% stake in F1 and Bernie Ecclestone's 5% in a joint venture through his company RSE Ventures and Qatar Sports Investments (QSI), owners of French football club Paris St. Germain.
It is believed if Ecclestone was to sell his stake, he would still remain involved in the sport. A source told the Financial Times, "They believe he brings a lot to the sport and they can help expand it into the US and Chinese markets.”
RSE refused to comment on reports, but speculation is building that they will officially lodge a bid in the coming weeks.
QSI are interested in a long-term partnership with Ross centred around the development and transformation of Formula One.
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