MAY 22, 2000
A deal close with the European Commission?
As soon as the Commission settles the battles with F1, Bernie Ecclestone will be in a position to float his Formula OneÊHoldings business which will raise more money for him and his family but will probably leave him in control of the sport for as long as he likes. This is a very important step for the long-term stability for the sport and team bosses are keen for it to go ahead as it will mean that the sport will not descend into chaos if Ecclestone dies.