News Details
Formula 1 poised for takeover by USA media conglomerate
Speculation is mounting that Formula 1 is about to be revamped by a U.S. corporate takeover that could bring new life and a higher profile for a sport that is struggling to attract new fans. Media reports suggest that F1's largest and controlling shareholder, the hedge fund CVC Capital Partners, is preparing to sell the business to U.S. media conglomerate Liberty Media for around $8.5 billion; more than four times CVC's original outlay in 2006. At last weekend's Italian Grand Prix, Formula One's commercial boss Bernie Ecclestone met with CVC co-chairman Donald Mackenzie, whose rare appearance in the paddock fueled speculation of an imminent deal. When speaking at Monza, however, the...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media F1 takeover could be days away
Formula 1 sale's to Liberty Media is on the verge of being completed, with...
8y ago from Motorsport.com
Agag: “I know nothing about” F1 takeover
Formula E CEO Alejandro Agag denies being approached to replace Bernie...
8y ago from FormulaSpy.com
Dithering may have cost Button a Williams seat
Although many reckon Thursday's announced that Felipe Massa is quitting...
8y ago from PlanetF1.com
Marko says Gasly to oust Kvyat reports are nonsense
Red Bull advisor Helmut Marko has slammed reports that Pierre Gasly is...
8y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
The MotoGP standouts and strugglers of 2025 so far
Motorsport Monday’s latest MotoGP feature spotlights nine different...
6h ago from MotorsportWeek.c...
Johann Zarco ‘thinking about how to stay' with...
Johann Zarco admits he is “thinking about how to stay” at LCR Honda...
1d ago from MotorsportWeek.c...
Johann Zarco’s hot streak highlights LCR’s awkward...
No description available...
1d ago from Motorsport.com
Fabio Quartararo aims to ‘get back to the top'...
Fabio Quartararo revealed that his number one priority is to "get...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
1d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1d ago from Motorsport.com
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
2d ago from MotorsportWeek.c...
Kyle Kirkwood isn't "in the hunt” with Alex...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Le Mans winner Andre Lotterer aims at rallying after...
No description available...
6h ago from Motorsport.com
WRC: Sebastien Ogier confirms entry to the Acropolis...
No description available...
5d ago from Motorsport.com
Co-driver dies after crash during Jim Clark rally in...
Roberts, 39, was pronounced dead at the scene near Duns in the Scottish...
1w ago from TheGuardian.com
WRC signs new deal to race in Portugal until at least...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Inside Arsenal's summer transfer plans: Sane, Watkins,...
Bryan Mbeumo wouldn't have made sense for Arsenal, but Leroy Sane is a...
3h ago from CaughtOffside.com
'What is the guarantee?' - Pundit urges Arsenal not to...
Frank Leboeuf has warned Arsenal that Mikel Arteta's top target, Benjamin...
1h ago from SportsKeeda.com
Myles Lewis-Skelly Arsenal contract prediction made as...
Arsenal could tie Myles Lewis-Skelly down to a new contract before the...
4h ago from SportsMole.co.uk
Talks held: Arsenal transfer strategy explained...
Arsenal are not making a right winger a priority this summer, but seem...
18m ago from CaughtOffside.com
Comments
Hottest News
Cadillac F1 announces huge signing ahead of 2026 debut
Cadillac have announced their first major signing... Read More »
4h ago from GPFans.com
F1 insider wants Horner 'role change' after Verstappen...
A Formula 1 pundit and former Ferrari general... Read More »
1h ago from GPFans.com
FIA confirms new skid block rule following Barcelona trials
The FIA has announced a significant update to... Read More »
1h ago from F1i.com
