News Details
Liberty Media stockholders approve F1 acquisition plan
Liberty Media's plans to take control of Formula 1 took a further step forward on Tuesday as stockholders voted in favor of its proposed bid, and approved a name change to “Formula One Group". The American media company, which already had a 19.1 percent stake in F1, last month revealed it had raised a further $1.55billion from investors to help increase the cash portion of its shareholding in F1. Today, following a stockholder meeting in Colorado, a statement was released that read: “The holders of its common stock entitled to vote thereat approved (i) a proposal relating to the issuance of shares of Series C Liberty Media common stock in connection with its pending acquisition of...
Full Story »
Full Story »
7y ago from Motorsport.com
0
You May Also Be Interested In...
FIA calls WMSC meeting as Liberty’s F1 takeover...
Liberty Media's plans to take control of Formula 1 could take a big step...
7y ago from Motorsport.com
F1 teams given option to purchase shares by Liberty...
Formula 1 teams are to be given the option to purchase a stake in the...
7y ago from TheCheckeredFlag....
McLaren still interested in Formula 1 stake – Brown
McLaren still interested in Formula 1 stake – Brown Zak Brown has...
7y ago from ThisIsF1.com
No plan to replace Vasseur at Renault
Renault F1 Team Managing Director Cyril Abiteboul has revealed that there...
7y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Acosta: “It would hurt" Ducati if Martin took...
No description available...
6h ago from Motorsport.com
Fabio Di Giannantonio to undergo surgery post-Thai...
Fabio Di Giannantonio has revealed he will undergo surgery on his left...
6h ago from MotorsportWeek.c...
Jorge Martin reveals he ‘had a lot of fears'...
Jorge Martin revealed that he 'had a lot of fears' in 2024 after a...
9h ago from MotorsportWeek.c...
Miller: “Anything is realistic” as Phillip Island...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
Grand Prix of Arlington set to be IndyCar’s “first...
No description available...
4h ago from Motorsport.com
Lundgaard feels “more natural pace” with Arrow...
No description available...
2d ago from Motorsport.com
Hailie Deegan shifting to Indy NXT for 2025 with HMD...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
WRC Central Europe: Ogier leaps into early lead from...
No description available...
1h ago from Motorsport.com
Ogier grabs early lead in Central European Rally
Two stages and 14.33km of action on the opening day of the WRC Central...
40m ago from MotorsportWeek.c...
Stewards dismiss Rally Chile FIA petition, Rossel...
No description available...
1h ago from Motorsport.com
Hyundai: Neuville knows "what he needs to do”...
No description available...
3h ago from Motorsport.com
Popular On GunnersToday.com
'They don’t want any reoccurrence of the injury' -...
No description available...
40m ago from SportsKeeda.com
'There’s nothing I could say that is a weakness' -...
No description available...
20m ago from SportsKeeda.com
Officials 'missed the mark' on decision that could...
Head of Professional Game Match Officials Limited (PGMOL) Howard Webb has...
3h ago from CaughtOffside.com
Leeds eyeing move for former Arsenal midfielder with...
Former Arsenal star Francis Coquelin could be set for a return to England...
2h ago from CaughtOffside.com
Comments
Hottest News
Red Bull under the microscope in illegal F1 trick furore
An intervention by the FIA in Austin has led to... Read More »
1h ago from RacingNews365.com
F1: FIA acts on ride height 'cheat'
The FIA has reacted to suspicion that teams are... Read More »
5h ago from Pitpass.com
Revealed: How alleged illegal F1 parc ferme trick works
RacingNews365's technical analyst Paolo Filisetti... Read More »
2h ago from RacingNews365.com
