F1 flotation faces big stumbling blocks
Bernie Ecclestone declared F1's stock market flotation back on track recently. Dieter Rencken argues that nothing has changed since the plan was last put on hold
Almost exactly a year ago this column cast doubts on Formula 1's then-proposed Initial Purchase Offer in Singapore, concluding:
Thus one or two potential court cases, a mooted overhaul of the sport's regulatory structure, possible binning of technical future regulations, significant reduction in controlling interest by the majority shareholder, blue-chip races with sparse attendance, and a listing on one of the world's less transparent exchanges point to extremely challenging times for F1 in the weeks ahead.
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