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
How Alex Marquez won the MotoGP Spanish GP the Marc...
No description available...
17h ago from Motorsport.com
Yamaha set to confirm new inline-four MotoGP engine at...
Yamaha admits it is likely to use its updated inline-four MotoGP engine...
1d ago from MotorsportWeek.c...
Joan Mir confirms new Honda engine sees improvement in...
Joan Mir confirmed that Honda's new engine has shown improvements in 'all...
1d ago from MotorsportWeek.c...
Pedro Acosta did have surgery for arm-pump syndrome...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt Racing continues partnership with Homes For...
AJ Foyt Racing has announced that it will once again partner with Homes...
11h ago from MotorsportWeek.c...
Helio Castroneves joins Barrichello, Massa in the 2025...
No description available...
2d ago from Motorsport.com
2025 Indianapolis 500 Chevrolet ZR1 pace car unveiled
No description available...
2d ago from Motorsport.com
Corvette ZR1 pace car revealed for 109th Indy 500
Indianapolis Motor Speedway has revealed the pace car that will head the...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rally Portugal set to feature record-equaling WRC...
No description available...
22h ago from Motorsport.com
Hyundai was 'clearly unprepared' for WRC Canary...
No description available...
1d ago from Motorsport.com
Toyota Gazoo Racing's silver lining
Toyota Gazoo Racing has a silver lining, literally. Not content with a...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Man United, Man City, Liverpool 'on red alert' as...
Crystal Palace attacker Eberechi Eze reportedly informs the Eagles that he...
58m ago from SportsMole.co.uk
Liverpool and Arsenal on alert as Newcastle owner...
One of the big stories in regards to Newcastle this summer will revolve...
1h ago from CaughtOffside.com
Liverpool fans will be frustrated with ‘internal...
The 2025 summer transfer window is set to be a wild west for Premier...
1h ago from CaughtOffside.com
Friday thoughts – observing the universe
Morning. This might surprise you, but I woke up thinking about...
2h ago from Arseblog.com
Comments
Hottest News
Max Verstappen opens up on relationship with Penelope Kvyat
Max Verstappen has been officially dating model... Read More »
4h ago from Formula1News.co.uk
Alan Jones slams “weak” Norris, Piastri insists...
Oscar Piastri has leapt to the defense of McLaren... Read More »
1h ago from GrandPrix247.com
Perez returning to F1 with Cadillac in 2026 – report
May 2 The deal is done, according to Europe's... Read More »
38m ago from OneStopStrategy.com
