News Details
British MEP draws EU's attention to Liberty's F1 purchase
British MEP Anneliese Dodds has written to EU Commissioner for Competition Margrethe Vestager regarding Liberty Media’s purchase of the F1 Group. Dodds is keen to point out that there is a potential conflict of interest as the FIA has to approve the sale while itself holding a 1 percent stake in the business, estimated to be worth £33m, meaning that it will profit from the deal going ahead. A statement from her office today said: "The 1999-2001 European Commission investigation into Formula 1 was supposed to result in the FIA being limited to the role of regulator with no commercial interests in order to avoid any conflict of interest. "Yet the current state of affairs – with...
Full Story »
Full Story »
8y ago from Motorsport.com
0
You May Also Be Interested In...
European Commission urged to launch probe into F1 sale
It is little more than two weeks since Liberty Media announced its plan...
8y ago from Pitpass.com
European Commission could block F1 sale
As is often the case with the business of F1, the origin of the current...
8y ago from Pitpass.com
Wolff not worried about Liberty’s income plans
Wolff not worried about Liberty's income plans Mercedes team boss Toto...
8y ago from ThisIsF1.com
Bottas seatbelt issue under investigation
After Valtteri Bottas’ seatbelt came loose during the Singapore...
8y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin set for private MotoGP test following...
No description available...
6h ago from Motorsport.com
Honda confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
3d ago from MotorsportWeek.c...
Liberty Media completes 4.3 billion takeover of...
Two weeks on from receiving unanimous EU approval, Liberty Media...
3d ago from MotorsportWeek.c...
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
1w ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Scott Dixon bet on two stop strategy after he saw...
Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...
6h ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Race Results
IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...
21h ago from MotorsportWeek.c...
Alex Palou chooses to view costly Mid-Ohio mistake as...
Alex Palou was not the winner of Sunday’s IndyCar event from Mid-Ohio,...
20h ago from MotorsportWeek.c...
Scott Dixon capitalizes on Alex Palou’s mistake to...
The beginning of a busy stretch for IndyCar got under way on Sunday, with...
22h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg goes Rally1 – Sebastien Ogier enters...
After dominant victories in WRC2 in Rally Sweden, Portugal and most...
3d ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
4d ago from Motorsport.com
New WRC 2027 regulations draw interest from tuners and...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Thomas Partey: The key questions
Sky Sports looks at the key questions surrounding the case of Thomas...
47m ago from SkySports.com
Report: 115m Premier League winger duo want to join...
Arsenal are in talks for deals to sign two Premier League wingers, with...
1h ago from FreshArsenal.com
'It was always one of my biggest dreams' - Real Madrid...
Real Madrid star Rodrygo's comments from 2022 about his 'dream club' have...
27m ago from SportsKeeda.com
Playing loose with virtue wins no hearts, and Arsenal...
re were plenty of legally unproblematic options available to the club...
27m ago from TheGuardian.com
Comments
Hottest News
A-list celeb left red-faced after embarrassing Lewis...
Lewis Hamilton left a celebrity red-faced on the... Read More »
27m ago from GPFans.com
Ferrari reveals major Lewis Hamilton problem: 'We were...
Ferrari boss Fred Vasseur has explained a major... Read More »
4h ago from RacingNews365.com
F1 2025 Standings: Lewis Hamilton gets Ferrari boost as...
The 2025 British Grand Prix provided some serious... Read More »
2h ago from GPFans.com
