Chinese whispers

So, I have done some digging into Kleinman's tale from last week about China Media Capital backing  Stephen Ross's takeover of Formula One. If you missed that story, here it is:

http://news.sky.com/story/1570686/chinese-eye-biggest-f1-stake-in-8-5bn-bid

First Vinci, then Hochtief - what next for the Qataris? - part 2

Kleinman has just unearthed an interesting tale about China Media Capital pursuing an $8.5 billion takeover of Formula One from CVC Capital Partners.

Here is a link to his jackanory: http://news.sky.com/story/1570686/chinese-eye-biggest-f1-stake-in-8-5bn-bid

Commentariat raise doubts over Formula One "vanity buyers" - part 2

Bernie Ecclestone, the boss of Formula One, has been echoing some of the points I raised on Friday afternoon in the sports sections of The Times and The Sunday Times this weekend. I wonder whether the octogenarian billionaire is a Betaville reader?  

Commentariat raise doubts over Formula One "vanity buyers"

I'm sure many Betaville readers will be watching British Grand Prix this weekend. So, do get in contact if you happen to spot a representative from any of the potential bidders, such as Qatar Sports Investments, circling Formula One in the VIP boxes. A cheeky photo of the Qataris at Silverstone wouldn't go amiss, too.

Or, perhaps the Qataris won't turn up after being outed in the Financial Times last week as potential suitor for Formula One by teaming up with American sports and property tycoon Stephen Ross, owner of the Miami Dolphins? The Qataris and Ross were reported to be willing to pay between $7billion and $8 billion for Formula One.

Sunday review on a Tuesday

Apologies for the delayed Sunday newspaper review Betavillers - I was away this weekend.

Anyway, I see that The Sunday Times business section was once again packed with several juicy deal-related scoops, including Oliver Shah's piece on Grainger and Crystal Amber, which was confirmed yesterday by the property company.

Chinese merchant bank zooms into Formula One

This is rather intriguing. Click on the link below and you will see that Caterham, the Formula One team that recently found itself in financial difficulty, has found a new sponsor in North Square Blue Oak and is set to race in the Abu Dhabi Grand Prix this weekend.

https://files.nsbo.com/public.php?service=files&t=9c01a967492e855a1abf12edece3126e