News Details
Liberty not in F1 to ‘take the money’ - Carey
©Wri2
Formula One Group’s new chairman Chase Carey insists Liberty Media’s purchase of the sport is not solely aimed at “taking the money”. John Malone’s mass media conglomerate recently agreed to acquire Delta Topco - Formula One's parent company - in a deal that values the sport at $8bn (£6bn). Liberty has placed 21st Century Fox vice-chairman Carey as chairman alongside long-standing F1 supremo Bernie Ecclestone, who continues as CEO. Liberty will replace CVC Capital Partners as majority shareholders, though the private equity firm will remain involved as “65% owners of the Formula One Group's equity”. F1 has been very profitable to CVC since it took a 35% controlling...
Full Story »
Full Story »
You May Also Be Interested In...
New F1 chairman Chase Carey in meetings without...
New F1 chairman Chase Carey in meetings without Ecclestone When asked...
9y ago from ThisIsF1.com
Carey: Formula 1 cannot be a dictatorship
Formula One cannot be run like a dictatorship, even if many people in the...
9y ago from GrandPrix247.com
Enter Chase Carey the new main man of Formula 1
Chase Carey is the man entrusted to lead Liberty Media's substantial...
9y ago from GrandPrix247.com
New F1 boss Chase Carey teases US expansion
New Formula 1 Chairman Chase Carey has indicated it is his intention to...
9y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Max Biaggi: Aprilia 'not scared by any track' after...
No description available...
17h ago from Motorsport.com
The MotoGP changes Liberty Media should make,...
No description available...
1d ago from Motorsport.com
Fabio Quartararo reveals MotoGP moment that felt...
No description available...
2d ago from Motorsport.com
Fermin Aldeguer suffers fracture in MotoGP training...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
1d ago from Motorsport.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
3d ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
3d ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Could time bonuses solve the “yo-yo effect” at the...
No description available...
14h ago from Motorsport.com
Dakar 2026, Stage 7: Mattias Ekstrom wins stage after...
No description available...
17h ago from Motorsport.com
Tyre Lottery at the 2026 Dakar Rally: What’s going...
No description available...
1d ago from Motorsport.com
Why M-Sport has faith in youth over experience WRC...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
“If I say too much, drug testers will come” -...
Former Manchester United striker Danny Welbeck had a humorous response to...
6m ago from SportsKeeda.com
Player ratings: Portsmouth 1-4 Arsenal
Arsenal progressed to the fourth round of the FA Cup with a 4-1 victory at...
9h ago from FreshArsenal.com
Papers: Arsenal join the race to sign Guehi
The top stories and transfer rumours from Friday's newspapers...
10h ago from SkySports.com
Papers: Arsenal and Man City to battle for Livramento...
The top stories and transfer rumours from Saturday's newspapers...
10h ago from SkySports.com
Comments
Hottest News
Oscar Piastri urged to adopt ruthless F1 approach at McLaren
Oscar Piastri was content with complying with... Read More »
16m ago from RacingNews365.com
Aston Martin bends knee to Adrian Newey F1 demand
Aston Martin has hired ex-Red Bull simulation... Read More »
11h ago from MotorsportWeek.com
Charles Leclerc's family grows after pregnancy announcement
The family of Ferrari F1 star Charles Leclerc is... Read More »
8h ago from GPFans.com
