News Details
FIA welcomes Liberty Media F1 takeover, keen to know more
The FIA has welcomed Liberty Media’s takeover of Formula 1, but says it is keen to find out further details and possible consequences of the deal. The American media and entertainment giant confirmed on Wednesday that it has taken on a 18.7% stake and will eventually acquire 100% of F1 parent company Delta Topco’s shares. Liberty Media’s deal is worth $8 billion, with 21st Century Fox vice-chairman Chase Carey becoming F1’s new chairman and Bernie Ecclestone remaining CEO. “The FIA was obviously not party to the negotiations surrounding the intended sale,” the FIA statement read. “As such, the Federation awaits further information regarding the...
Full Story »
Full Story »
8y ago from GrandPrixTimes.com
0
You May Also Be Interested In...
Done deal as Liberty Media now owns Formula 1
Press Release: Liberty Media Corporation and CVC Capital Partners...
8y ago from GrandPrix247.com
FIA welcomes Liberty Media's F1 takeover
– Formula 1's governing body, the FIA, says it welcomes the arrival...
8y ago from GPUpdate.net
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
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez edges Jorge Martin to take Australian...
Gresini's Marc Marquez edged out championship leader Jorge Martin in a...
3h ago from MotorsportWeek.c...
MotoGP Australian GP: Marquez outduels Martin to win...
No description available...
4h ago from Motorsport.com
Bezzecchi hit with Australian GP long lap penalty for...
No description available...
6h ago from Motorsport.com
Acosta out of MotoGP Australian GP with shoulder injury
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Former Red Bull Junior Hauger joins Andretti’s Indy...
No description available...
1d ago from Motorsport.com
Grand Prix of Arlington set to be IndyCar’s “first...
No description available...
2d ago from Motorsport.com
Lundgaard feels “more natural pace” with Arrow...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Tanak: WRC manufacturers’ title priority despite...
No description available...
11h ago from Motorsport.com
Ogier on top as Neuville suffers hellish...
The fierce battle for the lead of WRC Central Europe Rally raged over...
15h ago from MotorsportWeek.c...
WRC Central Europe: Ogier responds to Tanak pace to...
No description available...
15h ago from Motorsport.com
Neuville explains costly WRC Central Europe off-road...
No description available...
19h ago from Motorsport.com
Popular On GunnersToday.com
'Massive moment' – Walcott hints one Arsenal...
Theo Walcott believes Gabriel Martinelli's one-on-one miss in Saturday's...
1h ago from CaughtOffside.com
Bournemouth 2-0 Arsenal: A bad day at the office
Match report – Player ratings – Arteta reaction – Video...
37m ago from Arseblog.com
Exclusive: Arsenal optimistic over potential 60m...
Arsenal are keeping a close eye on Dusan Vlahovic's situation at Juventus...
1h ago from CaughtOffside.com
Arsenal injury, suspension list and return dates for...
Sports Mole rounds up all of Arsenal's injury and suspension news ahead of...
1h ago from SportsMole.co.uk
Comments
Hottest News
Adjusted starting grid for 2024 F1 US Grand Prix after...
Check out how the field will be lining up for the... Read More »
6h ago from RacingNews365.com
Charles Leclerc reveals Ferrari ‘limitation' that...
Charles Leclerc has revealed that Ferrari was... Read More »
1h ago from MotorsportWeek.com
F1: United States Grand Prix: Sprint & Qualifying team...
It's going to be a tight, interesting race, in... Read More »
1h ago from Pitpass.com
