News Details
Liberty Media on verge of launching £6.4bn bid for F1
XPB Images
Liberty Media, the American media company owned by US magnate John Malone, is about to launch a $8.5bn [£6.4bn] bid in order to take control of Formula One with a first of two tranches of payments expected this Tuesday, per multiple reports. CVC Capital Partners have been at the helm of the sport for a decade but their willingness to sell their 34.6% controlling stake in F1's parent company Delta Topco has been well documented in recent months. With CVC’s original investment reported at $2billion (£1.5bn), the private equity firm is thus set to reap profits in the region of £5bn from their 10-year tenure in F1. Liberty has been linked with an F1 deal since...
Full Story »
Full Story »
You May Also Be Interested In...
Formula 1 sale to Liberty Media to go ahead next week
A sale of Formula 1 to Liberty Media is to go ahead next week, respected...
9y ago from GrandPrix247.com
Liberty Media F1 takeover could be days away
Formula 1 sale's to Liberty Media is on the verge of being completed, with...
9y ago from Motorsport.com
CVC sale of F1 to Liberty Media for $8.5 billion is a...
The deal is definitely done on the sale of Formula 1's majority stake by...
9y ago from GrandPrix247.com
Teams cautious as F1 s 6.5bn sale to Liberty looms
Team bosses have reacted with some caution to the news that Bernie...
9y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Aprilia warns MotoGP ‘may not be attractive' to...
Aprilia has warned MotoGP 'may not be attractive' for manufacturers...
9h ago from MotorsportWeek.c...
2025 MotoGP Japanese Grand Prix – How to watch,...
No description available...
9h ago from Motorsport.com
Why controversy has erupted over how many titles Marc...
No description available...
13h ago from Motorsport.com
Alex Marquez: First factory Ducati a long-overdue...
No description available...
14h ago from Motorsport.com
Popular On IndyCarToday.com
Andretti hires ex-Penske director Ron Ruzewski as...
Andretti Global announced on Wednesday that it has hired Ron Ruzewski as...
1d ago from MotorsportWeek.c...
Jack Harvey returns to Dreyer Reinbold for 2026 Indy...
Dreyer and Reinbold Racing will field Jack Harvey in the team’s #24...
1d ago from MotorsportWeek.c...
Andretti Global signs ex-Penske Ron Ruzewski as team...
No description available...
1d ago from Motorsport.com
Jack Harvey to attempt 2026 Indy 500 with Dreyer &...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Mandated rest periods at WRC rallies to face FIA vote
No description available...
1d ago from Motorsport.com
Hyundai call set to boost Ott Tanak’s WRC title...
No description available...
2d ago from Motorsport.com
WRC swaps Sardinia for Rome as home of Rally Italy...
No description available...
2d ago from Motorsport.com
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal and Chelsea plotting surprise raid on...
Arsenal and Chelsea are reportedly considering a surprise move for the...
3h ago from CaughtOffside.com
Blow for Liverpool? Latest Arsenal development has got...
Arsenal have now agreed on a new deal with star defender William Saliba....
7h ago from CaughtOffside.com
Exclusive: Arsenal expert confirms Man Utd transfer...
Arsenal FC expert Charles Watts has weighed in with his information on the...
10h ago from CaughtOffside.com
'He’s going to regret this' - Gary Neville urges...
Manchester United legend Gary Neville has criticized Mikel Arteta after...
7h ago from SportsKeeda.com
Comments
Hottest News
Christian Horner and Geri Halliwell make huge marriage...
Christian Horner and Geri Halliwell have made a... Read More »
17h ago from GPFans.com
Max Verstappen's GT3 race debut: How to watch live for FREE
Four-time F1 champion Max Verstappen will make... Read More »
5h ago from GPFans.com
F1 star makes shock phone call to BBC Radio 1
Williams F1 star Carlos Sainz stunned listeners... Read More »
3h ago from GPFans.com
