News Details
FIA welcomes F1 takeover, keen to know more
– 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, though 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.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.Formula 1 governing body the FIA, which has a one per cent stake in the sport, was not party to negotiations...
Full Story »
Full Story »
8y ago from GPUpdate.net
0
You May Also Be Interested In...
FIA welcomes Liberty Media F1 takeover, keen to know...
The FIA has welcomed Liberty Media’s takeover of Formula 1, but...
8y ago from GrandPrixTimes.com
FIA and EU Commission hurdles remain for Liberty buyout
Formula 1's sale to US tycoon John Malone's Liberty Media is yet to clear...
8y ago from GrandPrix247.com
Grosjean welcomes Liberty investment in Formula 1
Romain Grosjean has welcomed Formula 1's new American owners, saying the...
8y ago from GrandPrix247.com
Liberty: We will not be Americanising Formula 1
The United States can be a big growth area for Formula One but Liberty...
8y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Franco Morbidelli hails "amazing" recovery...
No description available...
5h ago from Motorsport.com
Here’s why Fabio Quartararo’s emotional outpouring...
No description available...
8h ago from Motorsport.com
MotoGP British GP: Marco Bezzecchi takes surprise win...
No description available...
10h ago from Motorsport.com
Massimo Rivola: Aprilia "is ready to win” with...
No description available...
8h ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou survives chaos to take maiden Indy 500...
When the green flag flew of the 109th running of the Indianapolis 500,...
2h ago from MotorsportWeek.c...
Pit road crash ends polesitter Shwartzman’s Indy 500...
No description available...
4h ago from Motorsport.com
Full race results from the 109th running of the...
No description available...
2h ago from Motorsport.com
Indianapolis 500 – Race Results
350,000 fans gathered at the Indianapolis Motor Speedway on Sunday for...
2h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Co-driver dies after crash during Jim Clark rally in...
Roberts, 39, was pronounced dead at the scene near Duns in the Scottish...
1d ago from TheGuardian.com
WRC signs new deal to race in Portugal until at least...
No description available...
3d ago from Motorsport.com
Rally Portugal criticism causes WRC, FIA to address...
No description available...
6d ago from Motorsport.com
WRC Portugal: Sebastien Ogier claims record-extending...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal could sign Premier League proven forward for...
Arsenal are expected to reignite their interest in Ollie Watkins this...
1h ago from FreshArsenal.com
Arsenal transfer news latest as Mikel Arteta...
Arsenal are said to be keen on Real Madrid winger Rodrygo, but the club...
1h ago from SportsMole.co.uk
Premier League Team of the Week: Bruno Fernandes,...
Sports Mole selects its Premier League Team of the Week for gameweek 38,...
2h ago from SportsMole.co.uk
Real Madrid Transfer News Roundup: Los Blancos suffer...
Real Madrid secured a 2-0 win over Real Sociedad at the Santiago Bernabeu...
3h ago from SportsKeeda.com
Comments
Hottest News
Hamilton given silent treatment by Ferrari after tense...
Lewis Hamilton was snubbed by Ferrari after the... Read More »
3h ago from GPFans.com
Hamilton Ferrari radio tensions continue: 'Are you upset...
Lewis Hamilton aired his frustrations with the... Read More »
6h ago from F1i.com
Max Verstappen makes extraordinary claim after Monaco GP...
Max Verstappen was not a fan of the mandatory... Read More »
7h ago from RacingNews365.com
