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Ferrari want clarity before taking up share offer
With Liberty Media offering the teams shares in Formula 1, Ferrari president Sergio Marchionne says the Scuderia are interested, they just have a few issues they want clarified. Liberty Media took control of Formula 1 earlier this month with Chase Carey taking over from Bernie Ecclestone as the sport's new CEO. As part of his plan for Formula 1, the American wants the current teams to buy into the sport and is offering $400 million worth of shares. '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. 'We look forward to working with the teams to increase the appeal of this...
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8y ago from PlanetF1.com
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