News Details
Bernie sells to ‘media tycoon' in $6.4bn deal
Sky news has confirmed reports that American media tycoon John Malone is finalising a take over of Formula 1 in a record $6.4bn deal… Reports have said the initial deal was made to sell CVC Capital Partners' majority shares to Mr Malone which he will then bring under his umbrella group, Limited Media Group. This means that for the first time, Formula 1 will see a public listing under the tracking name ‘Limited Media Group'. The deal is set to net Bernie an impressive £400m. But it still remains unclear what will happen to the infamous sport. The news has taken mixed reviews from fans and teams alike, with many arguing it should help to increase...
Full Story »
Full Story »
You May Also Be Interested In...
Ecclestone not sure he wants to stick around after F1...
Bernie Ecclestone is not committing to his current role in charge of...
9y ago from GrandPrix247.com
Ecclestone not committing to post-sale F1
Bernie Ecclestone is not committing to his current role in charge of F1 if...
9y ago from ThisIsF1.com
Ecclestone overseeing sale of F1 to US firm Liberty...
Formula One commercial chief Bernie Ecclestone said Wednesday he is...
9y ago from F1Pulse.com
John Malone's Liberty Media buys F1
John Malone's Liberty Media announced on Wednesday it will buy Formula One.
9y ago from SuperSport.com
Elsewhere On The Network
Popular On MGPToday.com
Shoulder injury pushes Marc Marquez into his...
No description available...
17h ago from Motorsport.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
1d ago from Motorsport.com
Guenther Steiner: MotoGP riders ‘need to be of a...
Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
2d ago from MotorsportWeek.c...
Trackhouse team owner Justin Marks: MotoGP must take...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar representatives visit the Goiânia Raceway and...
No description available...
12h ago from Motorsport.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
3d ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
3d ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Croatia: Driver crashes… then sits down for...
No description available...
5h ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
15h ago from MotorsportWeek.c...
WRC Croatia: Takamoto Katsuta wins after final stage...
No description available...
15h ago from Motorsport.com
Popular On GunnersToday.com
Watch: Manchester City fan brutally troll Arsenal...
Manchester City’s dominant 3-0 victory over Chelsea was more than just a...
7h ago from CaughtOffside.com
'Pitiful surrender-monkeys' - Piers Morgan reacts as...
Former England cricketer Kevin Pietersen couldn't help but celebrate as...
8h ago from SportsKeeda.com
Manchester City fan mocks Arsenal with hilarious...
A Manchester City fan has gone viral for his celebration as he mocked...
9h ago from SportsKeeda.com
'Some how balance the emotion' | How can Arsenal...
Gary Neville suggests Mikel Arteta and his team need to normalise their...
9h ago from SkySports.com
Comments
Hottest News
Stella confident the MCL40 has “very high Ppotential”...
McLaren’s start to the 2026 Formula 1 season... Read More »
2h ago from F1Technical.net
Ex-F1 star names the one driver who was harder to race than...
Former F1 star Jacques Villeneuve has revealed... Read More »
17h ago from MotorsportWeek.com
Mercedes F1 star Kimi Antonelli feeling the pressure after...
Italian F1 star Kimi Antonelli has vowed to try... Read More »
7h ago from GPFans.com
