News Details
FIA welcomes Liberty Media's F1 takeover
– Formula 1's governing body, the FIA, says it welcomes the arrival of Liberty Media, following the news that the organisation will acquire the sport, and is eager to discuss its implications.Liberty Media, owned by John Malone, has taken on an 18.7 per cent stake and will ultimately acquire 100 per cent of Delta Topco's shares, the parent company of Formula 1, in a move worth $8 billion in total.Chase Carey, the Vice-Chairman of 21st Century Fox, becomes F1's new Chairman while Bernie Ecclestone will stay on as Chief Executive Officer, with the deal set to be closed in early 2017.The FIA, which has a 1 per cent stake in the sport, was not party to negotiations surrounding the...
Full Story »
Full Story »
9y ago from GPUpdate.net
0
You May Also Be Interested In...
Liberty Media Corporation Agrees to Acquire Formula...
Liberty Media Corporation earlier today confirmed the agreement to...
9y ago from JWGrandPrix.com
Formula 1 bought by US company Liberty Media
The expected sale of Formula 1 to new owners has taken place, with...
9y ago from FormulaSpy.com
Done deal as Liberty Media now owns Formula 1
Press Release: Liberty Media Corporation and CVC Capital Partners...
9y ago from GrandPrix247.com
Liberty Media agrees to acquire Formula 1
– American entertainment company Liberty Media has announced plans...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
‘Super talented’ MotoGP rookie Diogo Moreira...
Pedro Acosta believes “super talented” rookie Diogo Moreira has the...
17h ago from MotorsportWeek.c...
Fermin Aldeguer remains hospitalised after leg surgery
No description available...
20h ago from Motorsport.com
Max Biaggi: Aprilia 'not scared by any track' after...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
2d ago from Motorsport.com
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
4d ago from MotorsportWeek.c...
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
4d ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Naturally-aspirated V8: What Ford is doing differently...
No description available...
15h ago from Motorsport.com
How did WRC champion Kalle Rovanpera’s single-seater...
No description available...
16h ago from Motorsport.com
Dakar 2026, Stage 8: Toyota scores 1-2 in...
No description available...
19h ago from Motorsport.com
Dakar 2026, Stage 7: Mattias Ekstrom wins stage after...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Mertesacker to depart at the end of the season + FA...
Morning. The draw for the 4th round of the FA Cup took place last night,...
1h ago from Arseblog.com
Race for Guehi wide open with Man City, Liverpool and...
The race to sign Marc Guehi is wide open and there is not a favourite or a...
13h ago from SkySports.com
Robert Pires claims 26-year-old Arsenal star is now in...
Arsenal legend Robert Pires has heaped praise on Declan Rice, calling him...
15h ago from SportsKeeda.com
“His performances will go down” - Makelele warns...
Former Chelsea midfielder Claude Makelele wants the club to surround...
18h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton handed ‘painful to watch’ verdict after...
Lewis Hamilton failed to secure a single Grand... Read More »
53m ago from RacingNews365.com
F1 News Today: Lewis Hamilton Ferrari blame assigned as...
A former Ferrari engineer has had his say on who... Read More »
2h ago from GPFans.com
Norris has some growing to do before he's on Verstappen's...
Lando Norris made his Formula 1 breakthrough in... Read More »
1h ago from GrandPrix247.com
