News Details
Liberty Media share offer, not taken up by F1 teams
F1 teams have rebuffed the chance to become shareholders in the sport, an offer that was proffered up by new majority owners Liberty Media recently. Having now completed their takeover of F1, Liberty has made the first steps towards showing the teams that they are important to the future of the sport, by allowing them the chance to purchase up to a 20% stake in the commercial rights. However, teams would have no right to vote or influence the decision-making process as part of the arrangement, and that fact appears to have been a deal breaker for the F1 squads. Liberty Media had set aside $400 million of shares in Formula 1 for teams to purchase, which they will hold onto for six months...
Full Story »
Full Story »
8y ago from TheCheckeredFlag.co.uk
0
You May Also Be Interested In...
Liberty Media completes purchase of Formula 1
The Liberty Media Corporation have announced they have completed the...
8y ago from TheCheckeredFlag....
Liberty Media completes purchase of F1
Liberty Media Corporation and Delta Topco, the parent company of Formula...
8y ago from Pitpass.com
F1 changes: What do they mean?
Formula 1 was already set for a new era on the track in 2017 before this...
8y ago from SkySports.com
FIA welcomes Liberty Media's takeover
– Formula 1's governing body, the FIA, has welcomed Liberty Media's...
8y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Pirelli buoyed by MotoGP tyre test ahead of 2027...
No description available...
7h ago from Motorsport.com
Analysis: Honda brings new fairing and ‘spoon’ to...
No description available...
12h ago from Motorsport.com
Marc Marquez: Misano MotoGP victory was the...
Marc Marquez bounced back from his first MotoGP Sprint race retirement of...
2d ago from MotorsportWeek.c...
Why rescuing Francesco Bagnaia is no longer in...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
The good, bad, and ugly of IndyCar's 2026 schedule
No description available...
1d ago from Motorsport.com
IndyCar unveils a 17-race schedule for the 2026 season
No description available...
1d ago from Motorsport.com
IndyCar releases new-look 2026 IndyCar schedule
The 2026 schedule for the NTT IndyCar Series has been released, and it...
1d ago from MotorsportWeek.c...
Zak Brown addresses three areas IndyCar can improve
McLaren CEO Zak Brown penned an open letter on Monday outlining his...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Elfyn Evans claims "everything is open"...
No description available...
2d ago from Motorsport.com
Oliver Solberg wants “full season in WRC” after...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera: We need wins for WRC title chance...
No description available...
2d ago from Motorsport.com
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'There's no way that those guys should catch you' -...
Former Arsenal forward Thierry Henry has criticized Viktor Gyokeres's ball...
3h ago from SportsKeeda.com
'Exceptional' Arsenal star might force Gunners...
The superb form of Arsenal left-back Riccardo Calafiori looks to have had...
10h ago from CaughtOffside.com
Athletic Bilbao 0-2 Arsenal: Champions League – as...
riel Martinelli and Leandro Trossard came off the bench to get Arsenal’s...
1d ago from TheGuardian.com
Exclusive: Arsenal praised for pulling off 'absolute...
Arsenal have been praised for the 'absolute steal' they pulled off with...
12h ago from CaughtOffside.com
Comments
Hottest News
Alpine boss Briatore AXES driver for 2026
Alpine F1 boss Flavio Briatore has axed one... Read More »
2h ago from GPFans.com
Max Verstappen gives honest verdict on Lewis Hamilton...
Four-time world champion Max Verstappen has... Read More »
2h ago from GPFans.com
Rumours grow over Russell, Hamilton and 2026 market
Sep.17 Questions are mounting in the paddock... Read More »
12h ago from OneStopStrategy.com
