News Details
Liberty Media confirms F1 purchase
The American firm Liberty Media has confirmed its purchase of Formula 1 for £3.3bn with Bernie Ecclestone remaining as chief executive. The deal comes after weeks of speculation with rumours the Italian Grand Prix would be Ecclestone's final race in charge of the sport. Yesterday, the 85-year-old said he has been asked to remain involved in F1 for three years once the purchase had been officially confirmed. With the F1 supremo staying in place, Chase Carey – current executive vice chairman of 21st Century Fox – has been instated as the new chairman replacing Peter Brabeck-Letmathe. The new ownership sees equity firm CVC Capital Partners sell its controlling share of the sport to...
Full Story »
Full Story »
You May Also Be Interested In...
Liberty Media begins $8billion F1 takeover
American media giant Liberty Media has revealed its first step towards a...
9y ago from Motorsport.com
Liberty Media want Ecclestone to stay 'for three years'
XPB Images
Bernie Ecclestone says Liberty Media - the group...
9y ago from F1i.com
Liberty Media agrees to purchase F1
XPB Images
Liberty Media has agreed to purchase Formula One...
9y ago from F1i.com
Ecclestone may remain F1 chief if sale to Liberty...
A takeover of Formula One by Liberty Media, rumoured to be imminent,...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez to ride identical Ducati to Marc Marquez...
No description available...
17h ago from Motorsport.com
How Liberty Media's immersion in MotoGP intensified at...
No description available...
19h ago from Motorsport.com
Analysis: Honda brings new fairing and ‘spoon’ to...
No description available...
1d ago from Motorsport.com
Marc Marquez: Misano MotoGP victory was the...
Marc Marquez bounced back from his first MotoGP Sprint race retirement of...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Team Penske places David Malukas in the iconic #12...
Team Penske has announced that David Malukas will be joining the team and...
16h ago from MotorsportWeek.c...
Team Penske signs David Malukas in multiyear IndyCar...
No description available...
15h ago from Motorsport.com
The good, bad, and ugly of IndyCar's 2026 schedule
No description available...
2d ago from Motorsport.com
Zak Brown addresses three areas IndyCar can improve
McLaren CEO Zak Brown penned an open letter on Monday outlining his...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg wants “full season in WRC” after...
No description available...
4d ago from Motorsport.com
Why Elfyn Evans claims "everything is open"...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera: We need wins for WRC title chance...
No description available...
3d ago from Motorsport.com
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Henry, Arteta and more! Arsenal's best PL goals...
Ahead of their clash against Manchester City at the Emirates, take a look...
19m ago from SkySports.com
Bukayo Saka 'likely' being targeted for Arsenal return...
Arsenal winger Bukayo Saka could reportedly be likely to come back against...
17h ago from CaughtOffside.com
You don't just need depth, you also need variety
Good morning from Dublin. I flew back from Bilbao late afternoon...
22h ago from Arseblog.com
Paul Merson predicts Arsenal vs Manchester City,...
Liverpool have done it again! They've been extremely lucky in the Premier...
16h ago from SportsKeeda.com
Comments
Hottest News
Helmut Marko raises unusual point after successful Max...
Helmut Marko is an acomplished endurance racer in... Read More »
1h ago from RacingNews365.com
Oscar Piastri declares McLaren freedom to 'control F1...
Oscar Piastri was subject to a McLaren team order... Read More »
1h ago from RacingNews365.com
Lewis Hamilton delivers clear F1 retirement update
Lewis Hamilton is reaching the end of his 19th... Read More »
29m ago from RacingNews365.com
