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 »
8y 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...
8y 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...
8y ago from Formula1Blog.com
Liberty Media agrees to acquire Formula 1
– American entertainment company Liberty Media has announced plans...
8y ago from GPUpdate.net
Liberty Media agrees to purchase F1
XPB Images
Liberty Media has agreed to purchase Formula One...
8y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo reflects on ‘special' Jerez...
Fabio Quartararo described his second-place finish at Jerez as...
15h ago from MotorsportWeek.c...
Pirelli to test MotoGP tires in Aragon ahead of 2027...
No description available...
14h ago from Motorsport.com
Pedro Acosta still ‘focused' on KTM amid Honda...
Pedro Acosta's manager Albert Valera has provided an update regarding his...
18h ago from MotorsportWeek.c...
Opinion: Marquez brothers made history at Jerez, yet...
No description available...
19h ago from Motorsport.com
Popular On IndyCarToday.com
Helio Castroneves joins Barrichello, Massa in the 2025...
No description available...
9h 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...
8h ago from MotorsportWeek.c...
2025 Indianapolis 500 Chevrolet ZR1 pace car unveiled
No description available...
7h ago from Motorsport.com
Takuma Sato reveals 94G impact in 233mph Indy 500...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Toyota Gazoo Racing's silver lining
Toyota Gazoo Racing has a silver lining, literally. Not content with a...
1d ago from MotorsportWeek.c...
Even Sebastien Ogier was powerless to prevent Kalle...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera ignites WRC season with Canary Islands...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'You can leave with your heads held high', 'Deserved...
Arsenal fans on social media have singled out Myles Lewis-Skelly and...
5h ago from SportsKeeda.com
Arsenal 0-1 PSG: Mikel Arteta must repeat Tottenham...
Arsenal will have to emulate Tottenham Hotspur if they are to progress to...
6h ago from SportsMole.co.uk
Arsenal 0-1 PSG: Player ratings for the Gunners as...
Arsenal were beaten 1-0 by PSG in the first leg of their Champions League...
6h ago from SportsKeeda.com
Possession lost 14 times, big chance missed: Arsenal...
Arsenal crashed to a 1-0 defeat against Paris Saint-Germain at home in the...
7h ago from CaughtOffside.com
Comments
Hottest News
Marko offers his verdict regarding Tsunoda's performance at...
Having completed his first three races at Red... Read More »
3h ago from F1Technical.net
How Helmut Marko ended Danica Patrick's Red Bull F1 dream
Sky Sports F1 analyst Danica Patrick had a long... Read More »
9h ago from GPFans.com
Daniel Ricciardo is back, like you've never seen him before
Have you ever wondered what former Formula 1 star... Read More »
8h ago from GPFans.com
