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
World Champion Jorge Martin set for MotoGP return at...
Reigning World Champion Jorge Martin is set to return to MotoGP action at...
5h ago from MotorsportWeek.c...
Toprak Razgatlioglu laughs off Honda MotoGP 2026...
Reigning WorldSBK champion Toprak Razgatlioglu laughed off rumours...
1d ago from MotorsportWeek.c...
How advice from Marquez is helping Martin recover from...
No description available...
2d ago from Motorsport.com
MotoGP race director validates the chaos caused by...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Renovated IMS museum reopens with all-new displays
The Indianapolis Motor Speedway Museum reopened on Wednesday following a...
2d 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...
3d ago from MotorsportWeek.c...
Kyle Larson's McLaren-Hendrick paint schemes revealed...
No description available...
3d ago from Motorsport.com
The difficult transition from Indy NXT to IndyCar is...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Evans wins brutal Safari Rally to boost WRC title bid
No description available...
1w ago from Motorsport.com
Elfyn Evans bags the big game on Safari
Elfyn Evans and Scott Martin claimed their maiden Safari Rally Kenya...
1w ago from MotorsportWeek.c...
Katsuta loses fifth after dramatic final-stage Safari...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“Inside there is nothing” - Arsenal boss Mikel...
Arsenal manager Mikel Arteta was left ruing the penalty decision against...
2h ago from SportsKeeda.com
“Real Madrid are about to see something”,...
Fans hailed Gabriel Martinelli's performance in Arsenal's 1-1 Premier...
2h ago from SportsKeeda.com
“It weren’t great” - Ian Wright makes feelings...
Ian Wright has stated that Arsenal were not great during their 1-1 draw in...
1h ago from SportsKeeda.com
Man United 'not alone in their admiration' of...
Manchester United will allegedly face competition from Premier League...
1h ago from SportsMole.co.uk
Comments
Hottest News
Adjusted starting grid for 2025 F1 Japanese Grand Prix...
Check out the full starting grid for the 2025 F1... Read More »
7h ago from RacingNews365.com
Lewis Hamilton hit with deleted lap FIA ruling at Japanese...
Formula 1's governing body have revealed some... Read More »
2h ago from GPFans.com
F1 2025 Japanese Grand Prix starting grid with penalties...
Max Verstappen took a stunning pole position... Read More »
58m ago from GPFans.com
