News Details

Teams turn down Liberty offer to buy shares in F1

 XPB Images Formula 1 teams have turned down Liberty Media's offer to become shareholders of the sport, at least for now. Yesterday, the FIA gave its final blessing to the American company's takeover of Formula 1, with the deal expected to close by the end of this month. In a bid to give the leading actors of the sport an interest in its future, Liberty is offering up to 20 percent of Formula 1's commercial rights to the teams on favourable terms, although the stake would not include voting rights. Given the team's current refusal or hesitancy to invest, perhaps the terms aren't as favourable as Liberty claims. "I honestly don't know if I should buy shares," Red Bull...
Full Story »
9y ago from F1i.com 0
Share

You May Also Be Interested In...

Liberty Media shareholders approve F1 takeover

Liberty Media Corp announced that its shareholders voted to approve...
9y ago from GrandPrix247.com

Sold to you! Liberty shareholders approve F1 buyout

 XPB Images Liberty Media says that its shareholders have voted...
9y ago from F1i.com

FIA approves sale of F1 to Liberty Media

Liberty Media's takeover of Formula 1 was voted through unanimously by the...
9y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Toprak Razgatlioglu: MotoGP's newest superstar

On one fateful day, June 10, 2025, news finally broke that would mark one...
13h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Tim Cindric returns to Penske in race strategist role

Team Penske has announced the strategist line-up for its 2026 IndyCar...

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Arsenal could sacrifice duo to land 40-goal...

Arsenal are interested in signing the Atletico Madrid striker Julian...
3h ago from CaughtOffside.com

Arsenal’s terminally online Premier League title...

obotic team fuelled by data and scrutinised relentlessly in a climate of...
3h ago from TheGuardian.com

Enamoured Arteta driving £87m Arsenal move for...

Turkish International midfielder Arda Guler is a target for Arsenal at the...
5h ago from CaughtOffside.com

'He's taking the best from everybody' - Lisandro...

Manchester United centre-back Lisandro Martinez has said that interim boss...
4h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.