News Details
Liberty Media confirms F1 purchase
The American firm Liberty Media has confirmed its purchase of Formula 1 for £3.3bn with Bernie Ecclestone remaining as chief executive. The deal comes after weeks of speculation with rumours the Italian Grand Prix would be Ecclestone's final race in charge of the sport. Yesterday, the 85-year-old said he has been asked to remain involved in F1 for three years once the purchase had been officially confirmed. With the F1 supremo staying in place, Chase Carey – current executive vice chairman of 21st Century Fox – has been instated as the new chairman replacing Peter Brabeck-Letmathe. The new ownership sees equity firm CVC Capital Partners sell its controlling share of the sport to...
Full Story »
Full Story »
You May Also Be Interested In...
Liberty Media begins $8billion F1 takeover
American media giant Liberty Media has revealed its first step towards a...
9y ago from Motorsport.com
Liberty Media want Ecclestone to stay 'for three years'
XPB Images
Bernie Ecclestone says Liberty Media - the group...
9y ago from F1i.com
Liberty Media agrees to purchase F1
XPB Images
Liberty Media has agreed to purchase Formula One...
9y ago from F1i.com
Ecclestone may remain F1 chief if sale to Liberty...
A takeover of Formula One by Liberty Media, rumoured to be imminent,...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia opens new development path in MotoGP with...
No description available...
3h ago from Motorsport.com
Aprilia runs 2027 MotoGP bike on track for first time...
No description available...
1h ago from Motorsport.com
Manufacturers stand up to Liberty in Jerez as MotoGP...
No description available...
20m ago from Motorsport.com
Yamaha’s Jerez MotoGP updates improve rider feeling...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
Conor Daly paces Day 1 of Indy 500 Open Test
No description available...
18h ago from Motorsport.com
Rookies take on Indianapolis in open test, Newgarden...
No description available...
21h ago from Motorsport.com
All drivers clear Indy 500 Rookie Orientation...
IndyCar’s two-day test session for the Indianapolis 500 got underway...
22h ago from MotorsportWeek.c...
Popular On TotalWRC.com
M-Sport weighs up WRC new car build as all options...
No description available...
1h ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
30m ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
6h ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Ødegaard tells Arsenal to channel past lessons into...
t;li>Captain confident team can handle pressure and learnHavertz...
30m ago from TheGuardian.com
'A problem' – Scholes highlights major issue as...
Paul Scholes has hit out at Arsenal midfielder Martin Odegaard for being...
2h ago from CaughtOffside.com
Atletico Madrid vs Arsenal: Eze and Calafiori fit but...
No description available...
1h ago from SkySports.com
Deal progressing: PSG have 'intensified' efforts to...
Paris Saint-Germain reportedly seem to be making progress on a potential...
4h ago from CaughtOffside.com
Comments
Hottest News
The potential cancellation threat looming over F1 Miami GP
The 2026 Formula 1 Miami Grand Prix is at risk... Read More »
3h ago from MotorsportWeek.com
Silverstone issues shock offer over cancelled F1 Middle...
Silverstone has issued a shock offer to replace... Read More »
1h ago from MotorsportWeek.com
F1: Miami Grand Prix: Preview - Ferrari
We have some aero updates here, but of course the... Read More »
1h ago from Pitpass.com
