News Details
Liberty Media begins $8billion F1 takeover
American media giant Liberty Media has revealed its first step towards a takeover of Formula 1, which will cost $8billion in total. Liberty Media will take an 18.7 percent stake in F1 in the short term. The initial step is a $1.1billion cash deal, with Chase Carey – the executive vice chairman of 21st Century Fox – to be installed as F1’s new chairman. “I am thrilled to take up the role of Chairman of Formula One and have the opportunity to work alongside Bernie Ecclestone, CVC, and the Liberty Media team,” said Carey. “I greatly admire Formula One as a unique global sports entertainment franchise attracting hundreds of millions of fans each season from all around the world. I...
Full Story »
Full Story »
8y ago from Motorsport.com
0
You May Also Be Interested In...
Teams downplay talk of Ecclestone exit from F1
Formula 1 teams have downplayed talk that Bernie Ecclestone could be about...
8y ago from Motorsport.com
Ecclestone overseeing sale of F1 to US firm Liberty...
Formula One commercial chief Bernie Ecclestone said Wednesday he is...
8y ago from F1Pulse.com
Liberty Media on verge of launching £6.4bn bid for F1
XPB Images
Liberty Media, the American media company owned by...
8y ago from F1i.com
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...
8y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Rins can't wait for Yamaha's V4 engine
No description available...
1d ago from Motorsport.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
3d ago from MotorsportWeek.c...
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
6d ago from Motorsport.com
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Laguna Seca – Race Results
IndyCar traveled clear across the country since last weekend’s race,...
4h ago from MotorsportWeek.c...
Untouchable Alex Palou eases to IndyCar victory at...
The IndyCar paddock travelled over 2700 miles from the event last...
4h ago from MotorsportWeek.c...
It's all Alex Palou in dominant IndyCar Laguna Seca...
No description available...
4h ago from Motorsport.com
IndyCar Laguna Seca – Qualifying Results
IndyCar traveled to the West Coast for a round at the historic Laguna...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
2d ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 3-2 Newcastle – observations
Hey folks, I'm still here in Singapore. My flight is quite a bit later...
1h ago from Arseblog.com
Former Tottenham player wishes he had joined Arsenal...
Former Premier League attacker Adel Taarabt has suggested that he had the...
9h ago from CaughtOffside.com
'We are extremely happy to have him' - Mikel Arteta...
Arsenal manager Mikel Arteta has expressed his joy at having teenage star...
10h ago from SportsKeeda.com
Mikel Arteta provides update as Arsenal star picks up...
Arsenal boss Mikel Arteta gave an update on Riccardo Calafiori's injury is...
10h ago from SportsKeeda.com
Comments
Hottest News
Verstappen reveals 'limitations' with his Red Bull F1 car
Having failed to secure a place on the Spa F1... Read More »
1h ago from F1Technical.net
Marko confirms the real reason why Red Bull sacked...
Red Bull Racing’s decision to sack team... Read More »
18h ago from GPFans.com
F1 Results Today: Norris blows title chance as Hamilton...
A delayed Belgian Grand Prix was won by a... Read More »
11h ago from GPFans.com