October 06, 2015

Formula One commercial chief Bernie Ecclestone says the motorsport series could be sold this year and there are three interested buyers.

Speaking to The Associated Press, Ecclestone didn't identify the potential new owners but said he wants to remain in his current role.

Investment fund CVC Capital Partners, whose co-chairman is Donald Mackenzie, is F1's largest and controlling shareholder.

When asked about the prospect of F1 being sold this year, Ecclestone told the AP by phone: ''I think so, maybe this year. There are three people mentioned to buy. So it's a case of whether CVC or Mr. Mackenzie wants to sell.''

The 84-year-old Ecclestone isn't thinking about retirement and he says ''the people that I've spoken to ... have asked me if I would stay.''

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