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 »
9y 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...
9y 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...
9y ago from TheCheckeredFlag....
McLaren still interested in Formula 1 stake – Brown
McLaren still interested in Formula 1 stake – Brown Zak Brown has...
9y ago from ThisIsF1.com
No plan to replace Vasseur at Renault
Renault F1 Team Managing Director Cyril Abiteboul has revealed that there...
9y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Heavy rain and flooding hits Autodromo Ayrton Senna...
No description available...
1h ago from Motorsport.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
19h ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
23h ago from Motorsport.com
VR46 looking for mix of experience and youth in 2027...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
14h ago from MotorsportWeek.c...
Takuma Sato set for Indy 500 return with Rahal...
No description available...
15h ago from Motorsport.com
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
20h ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
19h ago from Motorsport.com
Popular On TotalWRC.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
1d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
4d ago from Motorsport.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Max Dowman’s family get Fifa agent licences to...
t;li>Dowman’s father and brother pass Fifa agent exams16-year-old has...
1h ago from TheGuardian.com
Report: La Liga giants closely monitoring attacking...
Atlético Madrid are reportedly assessing potential moves for Arsenal...
1h ago from CaughtOffside.com
Premier League club could demand “in excess” of...
Manchester United and Arsenal are both looking to strengthen their...
1h ago from CaughtOffside.com
‘Might not get a game now' – Ferdinand...
Manchester United legend Rio Ferdinand believes Max Dowman could bench...
2h ago from CaughtOffside.com
Comments
Hottest News
George Russell linked with $300m move away from Mercedes to...
An astonishing transfer claim has been made about... Read More »
2h ago from GPFans.com
Haas announce 'groundbreaking' partnership with iconic film...
One of the biggest film characters of all-time is... Read More »
1h ago from RacingNews365.com
Peter Bonnington says it is chalk & cheese comparing work...
Mercedes race engineer Peter Bonnington, aka... Read More »
1h ago from GrandPrix247.com
