News Details
Formula 1 faces big shake-up after Liberty deal
Formula One faces its biggest shake-up in decades with the announcement on Wednesday that U.S. cable TV mogul John Malone's Liberty Media has agreed to take control of the cash-generating glamour sport. The deal, which has an enterprise value of $8 billion (5.99 billion pounds) according to a company statement, heralds a new era for Formula One, a European-dominated sport that has long sought to break into the U.S. market and win fresh audiences. It could also accelerate the exit of 85-year-old Bernie Ecclestone, the Briton who has run the sport for nearly 40 years and built up a business with annual turnover of around $1.9 billion. Liberty Media said in a statement, which ended a...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media agrees to acquire Formula 1
– American entertainment company Liberty Media has announced plans...
8y ago from GPUpdate.net
Formula 1 bought by US company Liberty Media
The expected sale of Formula 1 to new owners has taken place, with...
8y ago from FormulaSpy.com
Liberty Media buys Formula One
US communications billionaire John Malone's Liberty Media announced on...
8y ago from SuperSport.com
Formula 1 sale to Liberty Media to go ahead next week
A sale of Formula 1 to Liberty Media is to go ahead next week, respected...
8y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
How Alex Marquez won the MotoGP Spanish GP the Marc...
No description available...
16h 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
Liverpool fans will be frustrated with ‘internal...
The 2025 summer transfer window is set to be a wild west for Premier...
41m ago from CaughtOffside.com
What's going on with Odegaard?
It is often claimed the captain is the beating heart that fully embodies a...
1h ago from SkySports.com
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
Man United, Man City, Liverpool 'on red alert' as...
Crystal Palace attacker Eberechi Eze reportedly informs the Eagles that he...
31m ago from SportsMole.co.uk
Comments
Hottest News
Alan Jones slams “weak” Norris, Piastri insists...
Oscar Piastri has leapt to the defense of McLaren... Read More »
51m ago from GrandPrix247.com
Max Verstappen opens up on relationship with Penelope Kvyat
Max Verstappen has been officially dating model... Read More »
3h ago from Formula1News.co.uk
Norris: I need to get a move on
Lando Norris said he had no worries about McLaren... Read More »
51m ago from GrandPrix247.com