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
Pedro Acosta brands 2025 MotoGP season a “wasted...
No description available...
13h ago from Motorsport.com
How Pirelli is preparing its MotoGP 2027 takeover
No description available...
18h ago from Motorsport.com
Toprak Razgatlioglu aims to challenge Fabio Quartararo...
No description available...
1d ago from Motorsport.com
Johann Zarco criticises MotoGP radio system: “It’s...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
1d ago from MotorsportWeek.c...
Mick Schumacher hails IndyCar racing as "the way...
No description available...
1d ago from Motorsport.com
Mick Schumacher makes IndyCar switch with RLL in 2026
No description available...
2d ago from Motorsport.com
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Rally Saudi Arabia: Ott Tanak leads, Sebastien...
No description available...
9h ago from Motorsport.com
Rest periods will be mandatory in the 2026 WRC season
No description available...
20h ago from Motorsport.com
Popular On GunnersToday.com
After Chelsea beat Barcelona and Arsenal win over...
Arsenal forward Noni Madueke shared his take on the upcoming London derby...
22m ago from SportsKeeda.com
'Runs the show in every match','He is a machine' -...
Arsenal fans on social media have praised Declan Rice following their 3-1...
5h ago from SportsKeeda.com
Arsenal & Liverpool have concrete interest in...
Arsenal and Liverpool are keeping tabs on the RB Leipzig midfielder Assan...
6h ago from CaughtOffside.com
Arsenal flex European muscles with statement win over...
Arsenal maintained their perfect start in the Champions League as a...
7h ago from SkySports.com
Comments
Hottest News
Start time for the 2025 F1 Qatar Grand Prix - Time schedule
The F1 season continues this weekend with the... Read More »
21m ago from RacingNews365.com
Newey to become Aston Martin team boss in 2026
Adrian Newey will become Aston Martin's team... Read More »
12h ago from SkySports.com
Verstappen reveals why it was 'fantastic working with'...
On the back of his dominant display at last... Read More »
5h ago from F1Technical.net
