It eventually had to come down to this, no? England's own Napoleon, Bernie Ecclestone, has sold his controlling interest in Formula One to private equity group CVC Capital Partners. CVC already owns Dorna, the company that runs MotoGP, so they do have experience in top-flight motorsports series. We're all up in a state of piqued curiosity to see how the CVC deal affects F1, which has been dogged by years of grumpin' and crumpin' that what's good for Bernie is good for the series. While Ecchy will remain as F1's CEO, we wonder if this deal won't help keep his woo-hah all in check, 'cuz his head nods have come close to breaking the racing series' neck.
CVC buys majority stake in Formula One [MSNBC]
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Arrowed! Super Aguri F1 Team to Buy Aged Cars From Minardi? [Internal]