News Details
Liberty takeover offers a solid long term vision for F1
Liberty Media's takeover of Formula One promises a long-term strategy for the cash-rich sport with a sharper focus on new media markets and another attempt to expand in North America. The deal, valued at $8 billion including debt, gives an American media and telecoms business effective control of a sport rather than the more customary situation of such companies paying up to buy rights to screen live events. The deal was seen as positive for a sport featuring famous car brands such as Ferrari and Mercedes, as well as for buyer Liberty Media, owned by U.S. cable TV mogul John Malone. However, changes will take time to feed through given that Formula One Chief Executive Bernie Ecclestone has...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media F1 takeover could be days away
Formula 1 sale's to Liberty Media is on the verge of being completed, with...
8y ago from Motorsport.com
US tycoon’s Liberty Media to takeover F1 for $8.5...
US tycoon's Liberty Media to takeover F1 for $8.5 billion The deal is...
8y ago from ThisIsF1.com
Liberty Media begins $8billion F1 takeover
American media giant Liberty Media has revealed its first step towards a...
8y ago from Motorsport.com
CVC will retain large stake in F1 following Liberty...
Liberty Media announced on Wednesday that it would complete a deal to...
8y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia to run “special test” for Jorge Martin...
No description available...
13h ago from Motorsport.com
Francesco Bagnaia explains why it's ‘impossible'...
After failing to secure a podium at his Grand Prix at Mugello, Francesco...
14h ago from MotorsportWeek.c...
Watch: “Feels like yesterday” - Alex Criville...
No description available...
16h ago from Motorsport.com
Liberty Media given “unconditional” green light...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
4h ago from MotorsportWeek.c...
How a “grumpy” Alex Palou ended up thankful for...
No description available...
1d ago from Motorsport.com
Winners and Losers from IndyCar’s Road America...
No description available...
2d ago from Motorsport.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
6d ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Reports: Arsenal set to announce two signings worth...
Arsenal are preparing to confirm two high-profile additions this week as...
2h ago from FreshArsenal.com
70m winger Instagram post hints at potential huge...
Arsenal are looking to add significant firepower to their frontline this...
3h ago from FreshArsenal.com
Papers: Newcastle plan bumper Isak offer to thwart...
The top stories and transfer rumours from Wednesday's newspapers...
3h ago from SkySports.com
5 replacements for Thomas Partey that Arsenal could...
The Athletic reported today that Arsenal will definitely seek a...
10h ago from FreshArsenal.com
Comments
Hottest News
Aston Martin STUNNED by Adrian Newey methods
2016 F1 world champion Nico Rosberg has suggested... Read More »
14h ago from GPFans.com
Mercedes edge towards Max Verstappen decision after George...
George Russell has given his verdict on rumours... Read More »
6h ago from GPFans.com
I was an F1 star and I won Le Mans six times, but I just...
Jacky Ickx is a name that belongs in the list of... Read More »
5h ago from GPFans.com