slec

Private equity investor Scott Lanphere is reported to be the latest player in the rumoured F1 bid involving disgraced media giant News Corporation.

There have been further claims and counter-claims in the corruption scandal that has rocked F1 in recent weeks, with suggestions now that the shares sold to CVC Capital Partners in 2006 were not undervalued after all

CVC Capital Partners and the board of F1 holding company Delta Topco have launched their own investigation into the ongoing bribery and corruption scandal surrounding the sale of the sport's commercial rights back in 2006

F1's majority owner CVC Capital Partners has issued a statement to assure that it has 'no knowledge' of the current fraud and corruption scandal involving Gerhard Gribkowsky, the former head of the sport's holding company SLEC

Former Formula One shareholder Lehman Brothers has applied for bankruptcy protection via the American courts following another dramatic twist in the global financial markets.