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 »
Full Story »
You May Also Be Interested In...
Liberty Media shareholders approve F1 takeover
Liberty Media Corp announced that its shareholders voted to approve...
8y ago from GrandPrix247.com
Sold to you! Liberty shareholders approve F1 buyout
XPB Images
Liberty Media says that its shareholders have voted...
8y 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...
8y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP announces free 24/7 streaming service across...
MotoGP has announced a partnership with C15 studios to produce a free...
21h ago from MotorsportWeek.c...
Why LCR Honda won’t field injury replacement for...
No description available...
22h ago from Motorsport.com
MotoGP to stream free in US on new dedicated 24/7...
No description available...
1d ago from Motorsport.com
Kuala Lumpur emerges as favourite to host 2026 MotoGP...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
McLaren to auction future F1, IndyCar and WEC cars in...
McLaren is to auction future F1, IndyCar and World Endurance Championship...
1h ago from MotorsportWeek.c...
Winners and losers from IndyCar’s Portland 2025...
No description available...
2d ago from Motorsport.com
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
3d ago from MotorsportWeek.c...
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How drones will change the way you watch motorsport
No description available...
20h ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1d ago from Motorsport.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Fabrizio Romano reveals 'formal talks' planned for...
Tottenham are reportedly planning to open formal talks over a transfer...
57m ago from CaughtOffside.com
William Saliba names forward with just 35 appearances...
Arsenal defender William Saliba has firmly placed his stamp on the GOAT...
3h ago from SportsKeeda.com
Sources: La Liga club could offer Arsenal misfit...
Arsenal are ready to consider offers for left-back Oleksandr Zinchenko as...
4h ago from CaughtOffside.com
“I think that is what is important” - Sesko says...
New Manchester United signing Benjamin Sesko has outlined his strengths...
4h ago from SportsKeeda.com
Comments
Hottest News
FIA director exposes F1 teams for 'secretive' 2026...
The FIA's single-seater director Nikolas Tombazis... Read More »
1h ago from GPFans.com
McLaren to auction future F1, IndyCar and WEC cars in...
McLaren is to auction future F1, IndyCar and... Read More »
1h ago from MotorsportWeek.com
Parc Ferme: Horner’s Chapter two in Formula 1
It has been two Grands Prix since Christian... Read More »
3h ago from GrandPrix247.com
