In the round-up: F1 owners CVC may receive a bid to buy the sport in a joint venture between Qatar Sports Investments – part of the sovereign wealth fund of the Arab state – and sports entertainment firm RSE Ventures.
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"RSE Ventures, a company founded by the 75-year-old property and sports tycoon Stephen Ross, wants to buy 35.5 per cent of the holding company that owns F1 from Europe’s largest buyout group CVC Capital Partners. It is being backed by Qatar Sports Investments, which also owns the Paris Saint-Germain football club."
"CVC are in the business of buying and selling companies. The point is that they are very happy with F1 and Donald is not an enthusiastic seller. But their business is selling and everything has a price."
"The key to unlocking this deal is that under Bernie, F1 doesn't do much TV rights marketing. Hahn will help with that"
"The unidentified team principal had been given the impression that the Austrian Gerhard Berger, a former McLaren and Ferrari driver who is close to Red Bull’s billionaire owner Dietrich Mateschitz, was set to replace the Briton."
"I said to the engineers that it's better to go on Friday with a full full tank so we can see a correct comparison instead of seeing a fake one."
"There has been massive improvements on the car; the car was mega quick today. It was just perfect."
"Teams are often frustrated by the limits on where aerodynamic parts can be introduced but the winglet is in an area that has not been widely exploited before - potentially because it falls foul of such restrictions."
"In the distant past I’ve been called to the diminutive headmaster’s office to have my collar felt for being even mildly negative about F1. How things change."
— Andy Hone (@andyhone) June 23, 2015
— Romain Grosjean (@RGrosjean) June 23, 2015
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Comment of the day
A case for relaxing the restrictions on engine development:
If a team comes up with something new (F-duct, double diffuser etc…), the others teams can copy them. It may take a while but over the course of a year, they usually get there. The engine manufacturers can’t because the engines are too complicated to get up to speed with no testing.
If Ferrari (for example) redesigned the power unit to feature a split turbo, they’d have a season like Honda are having now. The following season would be 2017 which may or may not have a new set of rules so the may have to redesign everything again then as well!
From the forum
Happy birthday to Andrew Smith, Daniel and Inc0Mmunicado!
On this day in F1
Alain Prost won a thrilling Mexican Grand Prix on this day 25 years ago. Looks out for an article on this race later today.