Formula 1 commercial manager Bernie Ecclestone says he is willing to sell his stake in the Queens Park Rangers, a British soccer team.
Ecclestone, together with former Renault boss Flavio Briatore, completed a takeover over of the team, reportedly at a cost of $23m in 2007, with the Italian becoming the team's chairman. He stepped down from his role at the start of 2010. Britain's Guardian newspaper reports that Ecclestone is willing to sell his stake for £100m ($166m).
For that to happen, however, Briatore would have to agree to the sale, despite the Italian selling his shareholding of 62 percent to Ecclestone in December last year.
"I don't have any choice staying in or going out," Ecclestone told the Guardian. "Flavio would probably be the one to sell if anybody. It is dependent on Flavio."