News Details
FIA approve Liberty Media takeover of Formula 1
Formula One's governing body gave its approval on Wednesday to CVC Capital Partners' sale of the sport's commercial rights to Liberty Media. The International Automobile Federation (FIA) said in a statement that its World Motor Sport Council had unanimously approved the change of control at an extraordinary meeting in Geneva. 'Liberty, Formula One Group and the FIA intend to collaborate to create a constructive relationship that will ensure the continued success and the development of the FIA Formula One World Championship in the long term,' it said. Liberty Media, controlled by U.S. cable mogul John Malone, took control of the sport in September in a deal valued at $8 billion.
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
FIA approves Liberty Media's acquisition of Formula 1
The FIA has approved the acquisition of Formula 1 by Liberty Media...
8y ago from MotorsportWeek.com
Liberty Media stockholders approve proposals for F1...
Liberty Media has crept closer to its takeover of Formula 1 after...
8y ago from MotorsportWeek.com
World Motor Sport Council to debate Liberty's F1...
XPB Images
The World Motor Sport Council will convene an...
8y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir: ‘We are working hard' at rectifying...
Honda rider Joan Mir identified one key area the Japanese marque needs to...
14h ago from MotorsportWeek.c...
MotoGP: KTM and Aprilia on for two days of private...
No description available...
1d ago from Motorsport.com
World Champion Jorge Martin set for MotoGP return at...
Reigning World Champion Jorge Martin is set to return to MotoGP action at...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Indy 500 veteran and NASCAR team owner Shigeaki...
Shigeaki Hattori, a two-time competitor in the Indianapolis 500 and...
10h ago from MotorsportWeek.c...
Renovated IMS museum reopens with all-new displays
The Indianapolis Motor Speedway Museum reopened on Wednesday following a...
4d ago from MotorsportWeek.c...
New livery revealed for Kyle Larson's Indy 500 / Coke...
Kyle Larson will be attempting to compete in IndyCar’s Indianapolis 500...
5d ago from MotorsportWeek.c...
Kyle Larson's McLaren-Hendrick paint schemes revealed...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Outback diplomacy: Finnish ambassador braves...
o Haapea hopes to raise $30,000 for cancer research as he navigates the...
2d ago from TheGuardian.com
Popular On GunnersToday.com
Real Madrid Transfer News Roundup: Arsenal eyeing Los...
Real Madrid travel to the Emirates on Tuesday (April 8) to face Arsenal in...
6m ago from SportsKeeda.com
“They didn’t even bid” - Rio Ferdinand names one...
Rio Ferdinand has revealed that he urged Manchester United to sign Arsenal...
4h ago from SportsKeeda.com
Arsenal's new #1 striker target ‘best finisher...
As the summer transfer window approaches, Arsenal transfers are once again...
7h ago from FreshArsenal.com
Arsenal could make move for Portugal-based forward...
Arsenal are considering a move for Benfica winger Kerem Akturkoglu after...
7h ago from SportsKeeda.com
Comments
Hottest News
F1 team issue official statement as mid-season driver swap...
It has been confirmed that a Formula 1 star has... Read More »
17h ago from GPFans.com
F1 News Recap: Another mid-season driver swap confirmed as...
It has been confirmed that a Formula 1 star has... Read More »
6h ago from GPFans.com
Ferrari F1 boss hits back over 'false' Lewis Hamilton...
Ferrari Formula 1 boss Fred Vasseur has fired... Read More »
8h ago from GPFans.com
