News Details
Liberty Media announce deal to buy Formula 1
Liberty Media have confirmed that it has agreed a deal to takeover Formula 1 for 4.4bn US dollars (£3.3bn). The US firm released a statement declaring that they are buying 100 per cent of the shares of Delta Topco, who are the parent company of Formula 1, from CVC Capital Partners. Liberty Media, who are an American entertainment and media giant, will make Chase Carey – current vice-chairman of 21st Century Fox – the new chairman, while Bernie Ecclestone will stay on as chief executive. The deal brings to an end years of speculation around the ownership of the racing business. 'After completion of the acquisition, Liberty Media will own Formula 1 and it will be attributed...
Full Story »
Full Story »
8y ago from PlanetF1.com
0
You May Also Be Interested In...
Liberty Media begins $8billion F1 takeover
American media giant Liberty Media has revealed its first step towards a...
8y ago from Motorsport.com
Liberty Media Corporation Agrees to Acquire Formula...
Liberty Media Corporation earlier today confirmed the agreement to...
8y ago from JWGrandPrix.com
Official: Liberty Media purchases F1 for $8bn
Media giant Liberty Media has confirmed that it is to buy Formula One in...
8y ago from Pitpass.com
Liberty Media in $4.4billion takeover of Formula 1
Liberty Media, a United States-based firm headed by media tycoon John...
8y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
Bezzecchi hit with Australian GP long lap penalty for...
No description available...
2h ago from Motorsport.com
Acosta out of MotoGP Australian GP with shoulder injury
No description available...
2h ago from Motorsport.com
Maverick Vinales blasts Marco Bezzecchi after...
Aprilia's Maverick Vinales has blasted Marco Bezzecchi for "not even...
10h ago from MotorsportWeek.c...
Francesco Bagnaia's Sprint MotoGP setup ‘didn't...
Francesco Bagnaia admitted that his setup choice 'didn't improve' the...
12h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Former Red Bull Junior Hauger joins Andretti’s Indy...
No description available...
1d ago from Motorsport.com
Grand Prix of Arlington set to be IndyCar’s “first...
No description available...
2d ago from Motorsport.com
Lundgaard feels “more natural pace” with Arrow...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Tanak: WRC manufacturers’ title priority despite...
No description available...
7h ago from Motorsport.com
Ogier on top as Neuville suffers hellish...
The fierce battle for the lead of WRC Central Europe Rally raged over...
10h ago from MotorsportWeek.c...
WRC Central Europe: Ogier responds to Tanak pace to...
No description available...
10h ago from Motorsport.com
Neuville explains costly WRC Central Europe off-road...
No description available...
15h ago from Motorsport.com
Popular On GunnersToday.com
“They were strangers” - Theo Walcott makes bold...
No description available...
6h ago from SportsKeeda.com
“Plays like he woke up 10 minutes before kick...
No description available...
6h ago from SportsKeeda.com
Arsenal 'handed goalkeeper transfer boost' as £4m...
Arsenal-linked goalkeeper Joan Garcia reportedly sees his release clause...
4h ago from SportsMole.co.uk
'He's not got that same flow'- Jamie Redknapp...
Jamie Redknapp was unimpressed with Raheem Sterling's performance in...
5h ago from CaughtOffside.com
Comments
Hottest News
Adjusted starting grid for 2024 F1 US Grand Prix after...
Check out how the field will be lining up for the... Read More »
2h ago from RacingNews365.com
FIA announce penalty decision as SHOCK driver handed 'pole...
The FIA have announced a verdict over whether... Read More »
3h ago from GPFans.com
FIA slam F1 star with shocking 60-PLACE penalty at US Grand...
An F1 star has received a 60-place grid penalty... Read More »
20h ago from GPFans.com
