>


Advertisement
Rumors
Rumor Rating Description
A rumor rated as 'speculation' is one that has no supporting information
A rumor rated as 'strong' is one where we received information from more than one source.
A rumor rated as 'fact' is one that has proven to be true
A rumor rated as 'false' is one that has proven to be false based on new information
These rumors are just that, RUMORS, and are not to be taken as 'fact' unless so noted.  Please visit our Hot News page for news.  If you have a rumor, or can supply more information about one listed here, e-mail us with as much supporting information as possible and we may post it. User Agreement and Disclaimer. Newer rumors supersede older ones of the same topic.  Go to our forums to discuss any rumor.
for your iPhone
for your iPad

2015 IndyCar Silly Season Page | 2015 F1 Silly Season Page

Go to our forums to discuss this news
DATE News (chronologically)
05/09/11
f1
Cosworth eyes stock market float
Cosworth owners Kevin Kalkhoven (above) and Gerald Forsythe have built Cosworth's non-racing business to be much greater than its racing business.  But to compete and win in F1 against the likes of Renault, Mercedes and Ferrari, more cash is needed for R&D.
(GMM)  Formula one engine supplier Cosworth is reportedly considering a stock market floatation.

The Sunday Times reported that the independent Northampton-based outfit has appointed UK investment bank JPMorgan Cazenove to consider the initial public offering.

Without naming the source of the information, the newspaper said the floatation could value Cosworth - supplying engines in formula one to Williams, HRT and Virgin - at more than $400 million.

Ford sold Cosworth to US investors Gerald Forsythe and Kevin Kalkhoven in 2004.

Also rumored at Istanbul Park on Sunday was that troubled Williams is considering switching from Cosworth to Renault power for 2012.

Renault Sport F1, currently supplying the Lotus Renault, Team Lotus and Red Bull teams, said recently it has the capacity to equip a fourth team.

Rumors Archives
2000 2001 2002 2003
2004200520062007
2008200920102011
2012201320142015

Search Rumors
Search Help

Banner 10000012