McLaren unfazed by Ecclestone’s F1 flotation

McLaren team principal Martin Whitmarsh believes Bernie Ecclestone’s plans to float Formula One on the stock exchange would bring no benefit to the sport.

It has been suggested that Ecclestone is preparing an initial public offering (IPO) in Asia, most likely on the Singapore Stock Exchange.

“I don’t think it will benefit us as a team, but I have no detail of proposals anyway,” said Whitmarsh.