News Details
Liberty to sell F1 shares to fund MotoGP deal
Aug.22 Liberty Media will partly fund its acquisition of MotoGP by selling more than 10 million shares in Formula 1. 'Liberty Media intends to exercise its option to deliver additional cash in lieu of shares of (Formula 1) as part of its previously disclosed proposed acquisition of Dorna Sports,' part of an official media statement read. The statement implies that Dorna, the commercial rights holder of MotoGP, is demanding to be paid in cash rather than Formula 1 shares. Liberty announced its deal to buy MotoGP, the two-wheeled equivalent to F1, in early April this year. The company said at the time that MotoGP will 'remain an independently run company attributed to Liberty Media's...
Full Story »
Full Story »
3mo ago from OneStopStrategy.com
0
You May Also Be Interested In...
Liberty admits US gov't Andretti F1 probe underway
Aug.15 The CEO of Formula 1's owner, Liberty Media, has confirmed the...
3mo ago from OneStopStrategy.com
Liberty not involved in Perez future decision –...
Aug.15 Dr Helmut Marko has hit back at reports suggesting Formula 1...
3mo ago from OneStopStrategy.com
Praise for Verstappen: 'Max would succeed in this...
Ten seasons have now passed and in that time Formula E has developed into...
3mo ago from GPBlog.com
How has Formula One contributed to a better, more...
Formula One has taken key steps in recent months to achieve a more...
3mo ago from F1Technical.net
Elsewhere On The Network
Popular On MGPToday.com
Maverick Vinales has a ‘good feeling' about...
Maverick Vinales says he has “a good feeling” about his relationship...
15h ago from MotorsportWeek.c...
Bagnaia: MotoGP radio system is not ready yet and can...
No description available...
18h ago from Motorsport.com
Ducati trials two-way radio communication in Barcelona...
Ducati has reportedly trialled a two-way radio at the end of the recent...
2d ago from MotorsportWeek.c...
Yamaha debuts new front wing in Barcelona MotoGP test
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Robb signing a push for “Stability” for Juncos...
No description available...
11h ago from Motorsport.com
NFL Hall of Famer announced as Indy 500 pace car driver
Michael Strahan, an American football Hall of Fame athlete and television...
13h ago from MotorsportWeek.c...
Michael Strahan confirmed as honorary pace car driver...
No description available...
1d ago from Motorsport.com
MSR believes Logan Sargeant deserves a chance in...
Earlier in the week, Logan Sargeant joined a few other drivers in...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Toyota Gazoo Racing announces strong WRC line-up for...
Toyota Gazoo Racing World Rally Team has announced its line-up for the...
21h ago from MotorsportWeek.c...
Toyota expands WRC driver line-up for 2025, Kankkunen...
No description available...
21h ago from Motorsport.com
Toyota's final stage WRC manufacturer triumph in Japan...
No description available...
1d ago from Motorsport.com
Rally Japan organisers hit with hefty 50,000 fine for...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid Transfer News Roundup: Los Blancos eyeing...
No description available...
10m ago from SportsKeeda.com
Almost a perfect weekend for Arsenal, plus what next...
Almost a perfect weekend for Arsenal, so what’s the state of the title...
9h ago from CaughtOffside.com
Sporting vs Arsenal preview: Tierney part of...
No description available...
7h ago from SkySports.com
'Quality player' – Arsenal expert responds to...
Arsenal journalist Charles Watts has responded to the recent stories about...
13h ago from CaughtOffside.com
Comments
Hottest News
Verstappen set for MAJOR loss after championship win
Max Verstappen is set for a major loss despite... Read More »
10h ago from GPFans.com
Michael Andretti issues first comment after Cadillac F1 deal
General Motors and Cadillac have reached an... Read More »
9h ago from RacingNews365.com
Ferrari: Charles Leclerc ‘blew up everything'...
Ferrari Team Principal Frederic Vasseur claimed... Read More »
13h ago from MotorsportWeek.com