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F1 IPO?

Discussion in 'F1' started by Crawler, Nov 1, 2012.

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  1. Crawler

    Crawler F1 Veteran

    Jul 2, 2006
    5,018
    #1 Crawler, Nov 1, 2012
    I'm sitting in a restaurant and something came up on a European sports channel that indicated F1 going public. Has anyone else seen anything?
     
  2. Fast_ian

    Fast_ian Two Time F1 World Champ

    Sep 25, 2006
    23,397
    Campbell, CA
    Full Name:
    Ian Anderson
    #2 Fast_ian, Nov 1, 2012
    AFAIK, they were intending to float it round about now. However, the "poor economic climate" has Bernie saying it's indefinitely postponed.

    It will happen, been talked about for ages now. Just no one knows when.

    Cheers,
    Ian
     
  3. DF1

    DF1 Three Time F1 World Champ

    Apr 10, 2007
    30,117
    FRA - nice city with a really big airport :)
    #3 DF1, Nov 1, 2012
    Pitpass has 2014 at the earliest for the float.
     
  4. Ferrari_Michael

    Ferrari_Michael Formula Junior

    Nov 30, 2006
    614
    #4 Ferrari_Michael, Nov 1, 2012
    Knowing Bernie, the IPO will be overvalued, he will cash in big time, and bribe his way out of any repercussions! Facebook mk2
     
  5. Bas

    Bas Four Time F1 World Champ

    Mar 24, 2008
    42,714
    ESP
    Full Name:
    Bas
    #5 Bas, Nov 1, 2012
    lets hope it'll stay private for as long as possible.
     
  6. SlvSurfer

    SlvSurfer Formula Junior

    Nov 18, 2005
    979
    Monaco/Canada
    #6 SlvSurfer, Nov 1, 2012
    Correct me if I'm wrong but they want to issue it in Singapore..
     
  7. TheBigEasy

    TheBigEasy F1 World Champ
    Consultant

    Jun 21, 2005
    18,644
    California
    Full Name:
    Ethan Hunt
    #7 TheBigEasy, Nov 1, 2012
    Exactly. Petra and the other daughter want to get their money before he croaks.
     
  8. Fast_ian

    Fast_ian Two Time F1 World Champ

    Sep 25, 2006
    23,397
    Campbell, CA
    Full Name:
    Ian Anderson
    #8 Fast_ian, Nov 1, 2012
    I have no idea why, but yeah, Singapore was/is the listing market.

    Why? Not arguing, just wondering why you say that?

    :)

    He (and his kin) are *so* far ahead of the IPO, I don't think he gives a damn..... Sure, he'll make yet more $, and hopefully take a few others along, but his wealth is now well outside F1/FOM/CVC etc.

    Cheers,
    Ian
     

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