News Details
Liberty Media agrees $1.55bn investor deal
– Liberty Media has announced that it has reached an agreement with third-party investors to raise $1.55bn in connection with its planned purchase of Formula 1.American entertainment company Liberty set out its intention to purchase Formula 1 back in September, in a deal which will cost $8 billion in total.It initially took on an 18.7 per cent stake, in a $746 million cash deal, and ultimately intends to acquire 100 per cent of Delta Topco's shares, the parent company of Formula 1.Third-party investors are Coatue Management, the Shaw group, JANA Partners, Ruane, Cunniff & Goldfarb, Soroban Capital Partners, SPO Advisory, and Viking Global Investors.F1 Chairman Chase Carey said:...
Full Story »
Full Story »
8y ago from GPUpdate.net
0
You May Also Be Interested In...
Liberty agrees $1.55bn deal with investors for F1...
Liberty Media has announced an agreement with third-party investors to...
8y ago from Motorsport.com
Liberty shareholders to vote on F1 purchase plan
Liberty Media's shareholders have been called to a meeting early next...
8y ago from Motorsport.com
Liberty shareholders to vote on F1 purchase
– Liberty Media shareholders will meet next month to vote on...
8y ago from GPUpdate.net
Liberty shareholders to vote on purchase
– Liberty Media shareholders will meet next month to vote on...
8y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
What is going on with Francesco Bagnaia in MotoGP?
No description available...
40m ago from Motorsport.com
How Max Verstappen and Lewis Hamilton are racing to...
No description available...
3h ago from Motorsport.com
Alex Márquez wins Catalan Grand Prix to end...
t;li>Marc Márquez’s winning streak ends at home grand prixAlex...
1d ago from TheGuardian.com
Singapore to host the 2026 MotoGP season launch
No description available...
20h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
6d ago from MotorsportWeek.c...
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
5d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
5d ago from Motorsport.com
IndyCar moves street race from Toronto to Markham for...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
1w ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
1w ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“That’s my hot take” - Jamie Carragher claims...
Liverpool legend Jamie Carragher has predicted Arsenal manager Mikel...
1h ago from SportsKeeda.com
Gyokeres shoots, Nwaneri scores, Martinelli talks
Morning. In yesterday's Interlull action Riccardo Calafiori didn't play at...
4h ago from Arseblog.com
Arsecast Extra Episode 657 – 08.09.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
18h ago from Arseblog.com
Matz Sels makes stance clear when asked to choose...
Nottingham Forest goalkeeper Matz Sels has picked Manchester United legend...
18h ago from SportsKeeda.com
Comments
Hottest News
Lance Stroll leaves media floundering in strange F1 Italian...
Lance Stroll was less than talkative during his... Read More »
50m ago from MotorsportWeek.com
George Russell 'not happy' at Mercedes amid uncertain F1...
F1 legend Martin Brundle has revealed that... Read More »
2h ago from GPFans.com
F1 team move home to confirm end of an era
Sauber F1 team have said a sad goodbye to a key... Read More »
1h ago from GPFans.com
