FEBRUARY 20, 2002
Kirch will sell Formula 1 stake
The commercial rights for Formula 1 are up for sale.
Kirch currently controls 58% of SLEC, the Formula One holding company, but in reality controls 75% as he is committed to buying an extra 16% which is owned by EM.TV. The big question therefore is not if Kirch is selling but who is going to buy.