News Details
Liberty Media shareholders approve F1 takeover
Liberty Media Corp announced that its shareholders voted to approve funding and changes related to the takeover of Formula One (F1) racing car series. Liberty Media had proposed to issue new shares to fund the acquisition of the sport and rename its media group to 'Formula 1 Group.' Both were approved at Tuesday's special shareholder meeting, Liberty said in a statement. The company controlled by U.S. cable mogul John Malone took control of the cash-generating sport in September in a deal valued at $8 billion, ending a long-running saga surrounding the sport's ownership and potential flotation. The company said in December it would raise $1.55 billion for the takeover through investors,...
Full Story »
Full Story »
7y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media stockholders approve proposals for F1...
Liberty Media has crept closer to its takeover of Formula 1 after...
7y ago from MotorsportWeek.com
Sold to you! Liberty shareholders approve F1 buyout
XPB Images
Liberty Media says that its shareholders have voted...
7y ago from F1i.com
Shareholders agree to Liberty Media’s F1 takeover
A special shareholder meeting of US-based Liberty Media has given the...
7y 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...
7y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Acosta: “It would hurt" Ducati if Martin took...
No description available...
2h ago from Motorsport.com
Fabio Di Giannantonio to undergo surgery post-Thai...
Fabio Di Giannantonio has revealed he will undergo surgery on his left...
2h 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...
5h ago from MotorsportWeek.c...
How Acosta is snatching the show from a lengthy MotoGP...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Grand Prix of Arlington set to be IndyCar’s “first...
No description available...
41m ago from Motorsport.com
Foster not “a second choice” after losing...
No description available...
22h ago from Motorsport.com
Lundgaard feels “more natural pace” with Arrow...
No description available...
1d ago from Motorsport.com
Hailie Deegan shifting to Indy NXT for 2025 with HMD...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
WRC teams weigh in on possible hybrid power U-turn for...
No description available...
2h ago from Motorsport.com
M-Sport's 2025 WRC driver line-up plans "up in...
No description available...
2d ago from Motorsport.com
Consistency Neuville's first focus as maiden WRC title...
No description available...
3d ago from Motorsport.com
Solberg's failed Rally Chile protest to be reheard by...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'I wanted to be playing' - Emile Smith-Rowe explains...
No description available...
1h ago from SportsKeeda.com
Bukayo Saka could break Arsenal scoring record against...
Bukayo Saka could break an Arsenal goalscoring record in Saturday's...
1h ago from SportsMole.co.uk
Arsenal keeping eye on 23-year-old Belgium...
No description available...
1h ago from SportsKeeda.com
'The toughest decision' – Premier League ace...
Former Arsenal star Emile Smith Rowe has opened up about his decision to...
2h ago from CaughtOffside.com
Comments
Hottest News
F1: FIA acts on ride height 'cheat'
The FIA has reacted to suspicion that teams are... Read More »
1h ago from Pitpass.com
'FIA intervenes immediately: Competitors see one team...
The FIA already has its hands full before... Read More »
7h ago from GPBlog.com
Hamilton record title claim given HUGE Abu Dhabi 2021...
A verdict has been reached by fans over the... Read More »
3h ago from GPFans.com
