News Details
Marchionne pondering investment in F1, but wants more clarity
XPB Images
Ferrari CEO Sergio Marchionne is considering an investment in the Formula One Group as proposed by F1's new owners. Liberty Media has set aside an allocation of 19 million shares of its publicly traded entity FWONK destined to be sold to the sport's teams at a favourable price but with specific terms. So far teams have been reluctant to follow up on the offer as the deal includes many unknowns. During yesterday's conference call with analysts following the publication of Ferrari's 2016 results, Marchionne expressed interest in acquiring a stake in F1, albeit with a few caveats. "We are considering acquiring shares in Formula 1, and we discuss it with the new...
Full Story »
Full Story »
You May Also Be Interested In...
Ferrari wants Liberty to outline its plans for F1's...
Ferrari says it wants clarity from Formula 1's new owners Liberty Media...
8y ago from Motorsport.com
Ferrari working 'round the clock' to finish 2017 car -...
Ferrari are working 'round the clock' to finish their car before...
8y ago from MotorsportWeek.com
Ferrari delivers higher sales and profits to investors...
XPB Images
Sergio Marchionne promised to deliver improved...
8y ago from F1i.com
Ferrari eyes innovative piston solution thanks to 3D...
Ferrari is looking towards 3D printing technology in a bid to introduce an...
8y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
1d ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
1d ago from Motorsport.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
4d ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Santino Ferrucci: Alternate aero package needed for...
For this weekend’s IndyCar finale at Nashville Superspeedway, the...
5h ago from MotorsportWeek.c...
IndyCar's Alex Palou is not on Red Bull's F1...
No description available...
1d ago from Motorsport.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
3d ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Rally Paraguay leaderboard in disarray after...
No description available...
5h ago from Motorsport.com
Rovanperä leads, Fourmaux stars in Paraguay
Kalle Rovanperä and Jonne Halttunen took the lead of the inaugural Rally...
5h ago from MotorsportWeek.c...
WRC Paraguay: Adrien Fourmaux leads, Sebastien Ogier...
No description available...
10h ago from Motorsport.com
FIA promises WRC investment following commercial...
No description available...
17h ago from Motorsport.com
Popular On GunnersToday.com
Medical this weekend: Ornstein shares latest on...
Arsenal have now agreed on a deal to sign Piero Hincapie from German club...
5h ago from CaughtOffside.com
Arsenal agree Hincapie deal
Arsenal have agreed a deal with Bayer Leverkusen to sign Piero Hincapie on...
5h ago from SkySports.com
Mikel Arteta backs Eberechi Eze to make impact on...
t;li>‘He’s a player that loves those scenarios and moments’Saka...
5h ago from TheGuardian.com
No excuses for Arteta and Arsenal with new signings...
ee seasons of work from the head coach on the same host body have led in a...
7h ago from TheGuardian.com
Comments
Hottest News
F1 2025 Dutch Grand Prix – FP2 Results
Lando Norris set the pace in FP2 for the 2025 F1... Read More »
11h ago from MotorsportWeek.com
FIA issue McLaren punishment verdict after Piastri incident...
McLaren have been hit with a punishment at the... Read More »
9h ago from GPFans.com
F1 2025 Dutch Grand Prix – FP1 Results
Lando Norris went fastest in the opening... Read More »
15h ago from MotorsportWeek.com
