News Details
Liberty Media offers shares to F1 teams
Prospective Formula 1 owners Liberty Media will offer shares in the sport to teams, the company announced in a statement on Thursday. Liberty Media is poised to acquire 100 per cent of Formula 1, having received approval from its own stakeholders and the FIA, with the sale set to be completed before the end of January. “Liberty Media announced today [Thursday] that it intends to issue cash convertible senior notes in a private offering,” read a statement. “The notes will be convertible into cash in an amount determined by reference to the trading price of shares of Series C Liberty Media common stock ('LMCK'). “Liberty expects to use the net proceeds of the offering...
Full Story »
Full Story »
8y ago from MotorsportWeek.com
0
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
Teams turn down Liberty offer to buy shares in F1
XPB Images
Formula 1 teams have turned down Liberty Media's...
8y ago from F1i.com
Liberty reserves shares for teams
Liberty Media is to set aside $400m shares in F1 in the hope that the...
8y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia: Fighting Alex Marquez for second...
No description available...
2h ago from Motorsport.com
Jorge Martin’s collarbone surgery successful but no...
No description available...
11h ago from Motorsport.com
Joan Mir reflects on ‘long, tiring journey' to...
Joan Mir and Honda celebrated their first MotoGP podium finish together...
1d ago from MotorsportWeek.c...
Pedro Acosta: Marc Marquez 2025 title ‘the...
Pedro Acosta believes Marc Marquez's 2025 MotoGP title triumph is the...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher to make IndyCar test debut with Rahal...
No description available...
5d ago from Motorsport.com
Mick Schumacher set for IndyCar test with RLL
Rahal Letterman Lanigan Racing has announced that it will bring in Mick...
5d ago from MotorsportWeek.c...
Andretti hires ex-Penske director Ron Ruzewski as...
Andretti Global announced on Wednesday that it has hired Ron Ruzewski as...
6d ago from MotorsportWeek.c...
Andretti Global signs ex-Penske Ron Ruzewski as team...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai WRT on the attack
Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...
5d ago from MotorsportWeek.c...
Hyundai call set to boost Ott Tanak’s WRC title...
No description available...
1w ago from Motorsport.com
Mandated rest periods at WRC rallies to face FIA vote
No description available...
1w ago from Motorsport.com
WRC swaps Sardinia for Rome as home of Rally Italy...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'Really interesting' – Arsenal star was...
Arsenal may have stumbled upon a perfect new role for Martin Odegaard as...
1h ago from CaughtOffside.com
Mikel Arteta will 'definitely' be sacked if this one...
Arsenal manager Mikel Arteta will 'definitely' be sacked if he fails to...
8h ago from CaughtOffside.com
Olympiacos preview + Big Willy extension official
Morning. It's our first home Champions League game of the season as we...
8h ago from Arseblog.com
Official: Arsenal confirm William Saliba has signed a...
Arsenal have officially confirmed that star defender William Saliba has...
1d ago from CaughtOffside.com
Comments
Hottest News
Mercedes in landmark moment with George Russell change
Mercedes F1 team have taken a major step, which... Read More »
7h ago from GPFans.com
Cadillac sign former F1 driver to key role
The former Haas F1 driver has been signed to a... Read More »
20m ago from RacingNews365.com
Former international model causes shock by launching bid...
A fourth candidate has entered the race for the... Read More »
1h ago from RacingNews365.com
