Ecclestone: No F1 floatation in 2012 season

Formula 1 flag
27 September 2012 by    1 min read

Formula 1 flagF1 owner Bernie Ecclestone told the press that the announced F1's stock market floatation will not take place in 2012.

Earlier this year, the sport was making plans to immediately float on the Singapore exchange.

But F1's chief executive said in May: "The market doesn't look too bright after that little bit of a problem with (the) Facebook (floatation).

"So I think they are going to wait and see."

Ecclestone has now told the Telegraph: "The float won't happen this year, but next year (2013) it will if the markets change."

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