News Details
Done deal as Liberty Media now owns Formula 1
Press Release: Liberty Media Corporation and CVC Capital Partners announced today that Liberty Media has agreed to acquire Formula One, the iconic global motorsports business, from a consortium of sellers led by CVC. Liberty Media owns interests in a broad range of media, communications and entertainment businesses. Those interests are attributed to three tracking stock groups: the Liberty SiriusXM Group, the Liberty Braves Group, and the Liberty Media Group. The consideration comprises cash and newly issued shares in the Liberty Media Group tracking stock (LMCK) and a debt instrument exchangeable into shares of LMCK. The transaction price represents an enterprise value for Formula One of...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media Corporation Agrees to Acquire Formula...
Liberty Media Corporation earlier today confirmed the agreement to...
9y ago from JWGrandPrix.com
F1 has been sold; Liberty Media new owners
F1 News F1 has been sold; Liberty Media new owners Only 3 years left for...
9y ago from Formula1Blog.com
Liberty Media agrees to acquire Formula 1
– American entertainment company Liberty Media has announced plans...
9y ago from GPUpdate.net
Liberty Media agrees to purchase F1
XPB Images
Liberty Media has agreed to purchase Formula One...
9y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati brings new swingarm and fairing to Jerez MotoGP...
No description available...
3h ago from Motorsport.com
MotoGP Jerez test: Aprilia 1-2-3 as new aero packages...
No description available...
4h ago from Motorsport.com
Fermin Aldeguer set for further medical checks as...
No description available...
3h ago from Motorsport.com
Marco Bezzecchi leaves Jerez MotoGP ‘satisfied'...
Marco Bezzecchi felt he achieved the best possible result with second...
7h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Arrow McLaren has "no fear" in running all...
No description available...
3h ago from Motorsport.com
Katherine Legge confirmed for Indy 500 with AJ Foyt
AJ Foyt Racing has announced that it will field a third entry in this...
7h ago from MotorsportWeek.c...
Katherine Legge will make Indy 500 return in HMD...
No description available...
8h ago from Motorsport.com
IndyCar to limit entries to those holding a charter
The NTT IndyCar Series has confirmed that future races will be limited to...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Thierry Neuville: “Nobody knows” answer to...
No description available...
7h ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
1d ago from Motorsport.com
Oliver Solberg crashes out of Rally Islas Canarias
Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...
1d ago from MotorsportWeek.c...
Sebastien Ogier dominates Rally Islas Canarias
Sebastien Ogier and Vincent Landais headed a Toyota one-two-three-four in...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
'Never seen that before in my life!' Carra analyses...
Jamie Carragher demonstrates how Arsenal confused Newcastle in three...
2h ago from SkySports.com
Arsenal receive report about Kai Havertz injury before...
Arsenal attacker Kai Havertz will miss the first leg of their Champions...
2h ago from SportsKeeda.com
Arsenal sporting director Andrea Berta spotted...
Arsenal Sporting Director Andrea Berta was in Turkey this week to watch...
3h ago from SportsKeeda.com
Arsenal could be entering into 'collaboration' with...
Arsenal could reportedly be set to enter into a collaboration of sorts...
6h ago from CaughtOffside.com
Comments
Hottest News
Red Bull reunion? How Christian Horner and Helmut Marko...
It's been nine months since Christian Horner's... Read More »
1h ago from GPFans.com
Sebastian Vettel smashes self-imposed London Marathon target
Four-time F1 World Champion Sebastian Vettel has... Read More »
50m ago from MotorsportWeek.com
Oscar Piastri reveals brutal admission over F1 title failure
McLaren F1 star Oscar Piastri has opened up about... Read More »
1h ago from GPFans.com
