News Details
Liberty Media stockholders approve proposals for F1 acquisition
Liberty Media has crept closer to its takeover of Formula 1 after stockholders voted in favour of its proposal to acquire the championship. American company Liberty announced its plans last September to purchase Delta Topco, the parent company of Formula 1, and initially took on an 18.7 per cent stake in a cash deal, valuing the brand at $8 billion. Liberty announced in December that it had agreed deals with third party investors to raise $1.55bn and that it had received the approval of antitrust authorities. Liberty still required the approval from its stockholders, who met on Tuesday to give the green light to the takeover. “The holders of its common stock entitled to vote thereat...
Full Story »
Full Story »
8y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Liberty Media stockholders approve F1 acquisition plan
Liberty Media's plans to take control of Formula 1 took a further step...
8y ago from Motorsport.com
Liberty Media take big step toward final acquisition...
F1 News Liberty Media take big step toward final acquisition of F1 A...
8y ago from Formula1Blog.com
Shareholders agree to Liberty Media’s F1 takeover
A special shareholder meeting of US-based Liberty Media has given the...
8y ago from SpeedCafe.com
FIA calls WMSC meeting as Liberty’s F1 takeover...
Liberty Media's plans to take control of Formula 1 could take a big step...
8y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Marco Bezzecchi leads the way in Indonesia MotoGP...
Marco Bezzecchi carried his speed from Friday into Saturday, topping the...
58m ago from MotorsportWeek.c...
MotoGP Indonesian GP: Marco Bezzecchi storms to pole,...
No description available...
8m ago from Motorsport.com
Marco Bezzecchi blitzes to pole position in Indonesia...
Aprilia rider Marco Bezzecchi blitzed the competition to claim pole...
8m ago from MotorsportWeek.c...
Everything we learned in a mixed up Friday at the...
No description available...
12h ago from Motorsport.com
Popular On IndyCarToday.com
Five IndyCar teams jump start offseason testing at...
Five different IndyCar teams completed a test at Mid-Ohio Sports Car...
2d ago from MotorsportWeek.c...
Mick Schumacher to make IndyCar test debut with Rahal...
No description available...
1w ago from Motorsport.com
Mick Schumacher set for IndyCar test with RLL
Rahal Letterman Lanigan Racing has announced that it will bring in Mick...
1w ago from MotorsportWeek.c...
Andretti hires ex-Penske director Ron Ruzewski as...
Andretti Global announced on Wednesday that it has hired Ron Ruzewski as...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai WRT on the attack
Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...
1w ago from MotorsportWeek.c...
Hyundai call set to boost Ott Tanak’s WRC title...
No description available...
1w ago from Motorsport.com
Mandated rest periods at WRC rallies to face FIA vote
No description available...
1w ago from Motorsport.com
WRC swaps Sardinia for Rome as home of Rally Italy...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'For sure' – Mikel Arteta backs 'astronomical'...
Arsenal manager Mikel Arteta has admitted he could see Bukayo Saka...
6h ago from CaughtOffside.com
Report: Arsenal 'interested' in highly-rated defender,...
Arsenal are interested in signing the AC Milan prodigy, Davide Bartesaghi....
8h ago from CaughtOffside.com
'Gives you always the possibility to count on him' -...
Arsenal manager Mikel Arteta has admitted that Myles Lewis-Skelly is a...
8h ago from SportsKeeda.com
Source reveals Bayern 'reached out' over surprise...
Bayern Munich have been named as one of the clubs to have reached out over...
13h ago from CaughtOffside.com
Comments
Hottest News
REACTIONS: What did drivers have to say after the opening...
Oscar Piastri was the quickest driver come the... Read More »
2h ago from F1Technical.net
TECH CORNER: Mercedes and Red Bull introduce upgrades at...
Although the 2025 F1 season is nearing its... Read More »
2h ago from F1Technical.net
MotoGP MATHS: Key numbers behind Marquez's seventh title
Although there are five more MotoGP rounds to... Read More »
2h ago from F1Technical.net