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
Honda completes another test with 2027 bike as Ducati...
No description available...
4h ago from Motorsport.com
Jorge Martin: Aprilia signed me to win the title,...
No description available...
7h ago from Motorsport.com
Can Aprilia dethrone Ducati in the 2026 MotoGP title...
The conclusion of the 2025 MotoGP season saw an unprecedented level of...
1d ago from MotorsportWeek.c...
VR46 an option for Pedro Acosta, but priority is a...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Grand Prix of Long Beach set for leadership change
No description available...
1d ago from Motorsport.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
1d ago from MotorsportWeek.c...
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
1d ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Ford's Nani Roma survives late crash and fuel drama to...
No description available...
4h ago from Motorsport.com
Dakar 2026, Stage 13: Nasser Al-Attiyah wins to extend...
No description available...
10h ago from Motorsport.com
Popular On GunnersToday.com
White Unlikely To Depart But Will Arsenal Strengthen...
With us now a few weeks into the New Year, the January transfer window has...
2h ago from FreshArsenal.com
Premier League news: Arteta plays down Rice’s tunnel...
No description available...
3h ago from TheGuardian.com
Here we go: Arsenal & Liverpool transfer target...
Manchester City reportedly look to be closing in on the £20m transfer of...
7h ago from CaughtOffside.com
Chelsea rival Arsenal & Man Utd for 30m wonderkid...
Chelsea are ready to rival the likes of Arsenal and Manchester United for...
10h ago from CaughtOffside.com
Comments
Hottest News
Cadillac completes 'emotional' shakedown at Silverstone
As the countdown to pre-season testing... Read More »
54m ago from MotorsportWeek.com
F1: Cadillac hits the track
Cadillac was in action at Silverstone today, as... Read More »
1h ago from Pitpass.com
Breaking: Lewis Hamilton set for new race engineer after...
A major change has taken place on Lewis... Read More »
4h ago from RacingNews365.com
