News Details
Liberty Media: Important for teams to invest in F1
Formula One's new owner Liberty Media is still hoping that competing teams will buy a stake in the sport once a takeover is completed and will reserve $400 million of shares for them, it said on Thursday. 'We think it's important to offer the teams the chance to invest in F1 and further align our interests,' said Greg Maffei, Liberty's president and Chief Executive, in a statement. 'We look forward to working with the teams to increase the appeal of this iconic sport and enhance the F1 business.' Chase Carey, Chairman of F1, said, “Several of the teams have expressed interest in investing and we have already begun productive discussions to make the sport more competitive and even more...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media offers shares to F1 teams
Prospective Formula 1 owners Liberty Media will offer shares in the sport...
8y ago from MotorsportWeek.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
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
Elsewhere On The Network
Popular On MGPToday.com
Justin Marks: ‘What better MotoGP rookie to...
Trackhouse team owner Justin Marks says there was “no better rookie”...
9h ago from MotorsportWeek.c...
Martin confirms MotoGP return from injury at Qatar GP
No description available...
13h ago from Motorsport.com
Reigning World MotoGP Champion Jorge Martin returns...
Reigning MotoGP champion Jorge Martin will return to action at this...
13h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Long Beach weekend ‘crucial’ for Kyle Kirkwood’s...
Kyle Kirkwood is returning to the scene of his first IndyCar win this...
1h ago from MotorsportWeek.c...
Indy 500 veteran and NASCAR team owner Shigeaki...
Shigeaki Hattori, a two-time competitor in the Indianapolis 500 and...
1d ago from MotorsportWeek.c...
Renovated IMS museum reopens with all-new displays
The Indianapolis Motor Speedway Museum reopened on Wednesday following a...
5d 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...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Details of WRC’s first rally in Paraguay emerge
No description available...
7h ago from Motorsport.com
Outback diplomacy: Finnish ambassador braves...
o Haapea hopes to raise $30,000 for cancer research as he navigates the...
3d ago from TheGuardian.com
Popular On GunnersToday.com
Arsenal 3-0 Real Madrid: Champions League...
majestic free-kicks from Declan Rice, the first of his professional...
1h ago from TheGuardian.com
Declan Rice’s double rocket sinks Real Madrid to put...
knew that Declan Rice would be able to bend a free-kick like Beckham?...
1h ago from TheGuardian.com
Arsenal 3-0 Real Madrid: Champions League player...
lan Rice’s set-piece brilliance dominated this stunning victory but Saka...
1h ago from TheGuardian.com
'They almost gave this guy the Ballon d'Or', 'Sad to...
Real Madrid fans on X have blasted Vinicius Junior after he struggled to...
1h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin confirm Fernando Alonso absence for Bahrain...
Fernando Alonso will partly miss out on the first... Read More »
3h ago from GPFans.com
Ricciardo given F1 tribute as Bahrain Grand Prix faces...
Sebastian Vettel’s latest Instagram post has... Read More »
53m ago from GPFans.com
'Paid back with betrayal' - Perez father lashes out at...
Sergio Perez joined Red Bull for the 2021 F1... Read More »
4h ago from RacingNews365.com
