News Details
'Liberty Media wants to raise 500 million for new business'
Liberty Media hopes to add new activities to its portfolio, but for this it must first raise a share issue of around 500 million. New company founded Motorsport.com reported this on Saturday. A separate company has been created to raise money called Libert Media Acquisition Corporation, or LMAC. The new company will be led by Greg Maffei, the CEO of Liberty Media. Although it seems that this does not have much to do with Formula 1, things are different. LMAC will be legally linked to the Formula One Group and therefore the money raised might have a connection with Formula One activities. Read more Christian Horner: The story behind the longest-serving team boss in Formula 1 Lammers: 'His...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
Tost: Teams would not have been open to cost cap...
AlphaTauri team principal Franz Tost believes that the COVID-19 pandemic...
5y ago from GrandPrix247.com
Magnussen wins multi-million pound legal battle with...
Former Haas driver Kevin Magnussen can finally "concentrate on...
5y ago from GPFans.com
Report: Cancelled 2020 Australian GP cost government...
According to RaceFans, the cancellation of last year's Australian Grand...
5y ago from GrandPrix247.com
De Silvestro confirms Indy 500 return with Paretta
Swiss racing driver Simona De Silvestro will return to IndyCar this year...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Why MotoGP’s ‘Concorde Agreement’ remains...
No description available...
11h ago from Motorsport.com
Pedro Acosta says teaming up with Marc Marquez would...
No description available...
15h ago from Motorsport.com
Aprilia’s MotoGP advantage not due to special rear...
No description available...
1d ago from Motorsport.com
Why WorldSBK leader Nicolo Bulega could miss out on a...
Rumours surrounding Nicolo Bulega and a possible move to MotoGP in 2027...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
7h ago from MotorsportWeek.c...
IndyCar: A closer look at Mick Schumacher's true pace
No description available...
1d ago from Motorsport.com
Will Power's father okay after wrestling with armed...
No description available...
1d ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Motorsport Week is hiring – Rally and Sportscar...
Motorsport Media Services are looking to expand its coverage, and in...
3h ago from MotorsportWeek.c...
How Takamoto Katsuta’s maiden WRC win is impacting...
No description available...
16h ago from Motorsport.com
Hyundai continues to honour Craig Breen's memory
Hyundai Shell Mobis World Rally Team will run a special livery at this...
1d ago from MotorsportWeek.c...
Hyundai unveils Craig Breen tribute livery for WRC...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Chelsea lead race for £70m wide man but Arsenal could...
Chelsea and Arsenal are interested in signing the Newcastle United...
5h ago from CaughtOffside.com
White-out: 4 replacements Arsenal are targeting to...
Arsenal’s search for right-back depth has taken on extra intrigue after...
9h ago from FreshArsenal.com
Calafiori channels pain of Italy World Cup misery to...
t;li>Win over Sporting comes after back-to-back cup defeats‘It’s...
9h ago from TheGuardian.com
Arsenal leading Bundesliga giants in the race for...
Sao Paulo attacker Lucca Marques is a target for Premier League club...
11h ago from CaughtOffside.com
Comments
Hottest News
Vote for the new Sky Sports F1 pundit
Sky Sports F1 have announced an exciting... Read More »
5h ago from GPFans.com
Martin Brundle to miss more F1 races as Sky pundit...
Sky Sports F1 legend Martin Brundle has announced... Read More »
6h ago from GPFans.com
Iconic circuit returning in F1 test as Michael Schumacher...
Catch up on the biggest news stories of the day... Read More »
6h ago from RacingNews365.com
