News Details
FIA welcomes Liberty Media's F1 takeover
– Formula 1's governing body, the FIA, says it welcomes the arrival of Liberty Media, following the news that the organisation will acquire the sport, and is eager to discuss its implications.Liberty Media, owned by John Malone, has taken on an 18.7 per cent stake and will ultimately acquire 100 per cent of Delta Topco's shares, the parent company of Formula 1, in a move worth $8 billion in total.Chase Carey, the Vice-Chairman of 21st Century Fox, becomes F1's new Chairman while Bernie Ecclestone will stay on as Chief Executive Officer, with the deal set to be closed in early 2017.The FIA, which has a 1 per cent stake in the sport, was not party to negotiations surrounding the...
Full Story »
Full Story »
9y ago from GPUpdate.net
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
Formula 1 bought by US company Liberty Media
The expected sale of Formula 1 to new owners has taken place, with...
9y ago from FormulaSpy.com
Done deal as Liberty Media now owns Formula 1
Press Release: Liberty Media Corporation and CVC Capital Partners...
9y ago from GrandPrix247.com
Liberty Media agrees to acquire Formula 1
– American entertainment company Liberty Media has announced plans...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez on fairytale Honda return: “It’s more...
No description available...
15h ago from Motorsport.com
Marc Marquez assesses his Ducati future beyond 2026...
Nine-time MotoGP champion Marc Marquez will be a key figure in the rider...
1d ago from MotorsportWeek.c...
MotoGP 2026: Team launches and pre-season testing...
No description available...
1d ago from Motorsport.com
Aleix Espargaro quits pro cycling after injuries...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: A wishlist for the 2026 IndyCar season
No description available...
13h ago from Motorsport.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
2d ago from MotorsportWeek.c...
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
3d ago from Motorsport.com
Top five memorable drives of the 2025 IndyCar season
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
These are leading contenders for the 2026 Dakar Rally
No description available...
20h ago from Motorsport.com
Juan Cruz Yacopini to miss 2026 Dakar Rally after sea...
No description available...
21h ago from Motorsport.com
Sebastien Ogier pays tribute to WRC rival that...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'I just wish him all the best' - Arsenal boss Mikel...
Arsenal manager Mikel Arteta has wished Enzo Maresca the best for his...
8m ago from SportsKeeda.com
Mikel Arteta explains the real reason he's dropped...
Arsenal manager Mikel Arteta has now opened up on the situation of...
10h ago from CaughtOffside.com
‘Let’s break it’: Mikel Arteta urges leaders...
t;li>Side failed to win league last five times after being top on New...
19h ago from TheGuardian.com
Transfer boost for Arsenal and Liverpool, target makes...
Real Madrid attacker Rodrygo Goes has been linked with a move away from...
16h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Max Verstappen team-mate plans unveiled as...
Red Bull F1 boss Laurent Mekies has revealed what... Read More »
1h ago from GPFans.com
Ex-F1 technical chief criticises FIA over 2026 engine...
Cadillac Executive Engineering Consultant Pat... Read More »
58m ago from MotorsportWeek.com
Mercedes trounce Red Bull and Ferrari in McLaren pursuit...
It is clear F1 fans see a repeat of 2014 on the... Read More »
1h ago from RacingNews365.com
