News Details
British MEP draws EU's attention to Liberty's F1 purchase
British MEP Anneliese Dodds has written to EU Commissioner for Competition Margrethe Vestager regarding Liberty Media’s purchase of the F1 Group. Dodds is keen to point out that there is a potential conflict of interest as the FIA has to approve the sale while itself holding a 1 percent stake in the business, estimated to be worth £33m, meaning that it will profit from the deal going ahead. A statement from her office today said: "The 1999-2001 European Commission investigation into Formula 1 was supposed to result in the FIA being limited to the role of regulator with no commercial interests in order to avoid any conflict of interest. "Yet the current state of affairs – with...
Full Story »
Full Story »
9y ago from Motorsport.com
0
You May Also Be Interested In...
European Commission urged to launch probe into F1 sale
It is little more than two weeks since Liberty Media announced its plan...
9y ago from Pitpass.com
European Commission could block F1 sale
As is often the case with the business of F1, the origin of the current...
9y ago from Pitpass.com
Wolff not worried about Liberty’s income plans
Wolff not worried about Liberty's income plans Mercedes team boss Toto...
9y ago from ThisIsF1.com
Bottas seatbelt issue under investigation
After Valtteri Bottas’ seatbelt came loose during the Singapore...
9y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez to undergo surgery following Le Mans...
Marc Marquez has revealed he will undergo surgery on both his shoulder...
7h ago from MotorsportWeek.c...
Marc Marquez to miss at least two races after French...
No description available...
8h ago from Motorsport.com
Trackhouse boss Davide Brivio quits for factory Honda...
No description available...
6h ago from Motorsport.com
MotoGP French GP: Jorge Martin wins sprint after...
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
Tymek Kucharczyk takes first Indy NXT win in Race 2 on...
No description available...
3h ago from Motorsport.com
IndyCar Indianapolis road course – Qualifying Results
After being delayed due to weather on Friday, IndyCar completed a full...
7h ago from MotorsportWeek.c...
Alex ‘perfect’ Palou claims Indy road course pole...
No description available...
7h ago from Motorsport.com
Alex Palou storms to IndyCar pole at IMS
Late Saturday morning, the 25 drivers of the NTT IndyCar Series took to...
7h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Rally Portugal organisers fined for stage security...
No description available...
2h ago from Motorsport.com
Sebastien Ogier’s Portuguese party continues
Saturday was the longest day of Rally de Portugal with nine stages and...
3h ago from MotorsportWeek.c...
WRC Portugal: Sebastien Ogier storms back into lead as...
No description available...
4h ago from Motorsport.com
WRC Portugal: Oliver Solberg stunningly jumps to first...
No description available...
12h ago from Motorsport.com
Popular On GunnersToday.com
'Come on you Irons' - Guardiola urges West Ham to slow...
Manchester City manager Pep Guardiola has signalled West Ham to help slow...
2h ago from SportsKeeda.com
Video: Brentford denied clear penalty vs Manchester...
Manchester City got very lucky in today's 3-0 Premier League win over...
4h ago from CaughtOffside.com
Rodri injury 'more serious' than expected – big...
The Rodri injury reportedly seems worse than Manchester City initially...
7h ago from CaughtOffside.com
Merse: Can't see anything apart from Arsenal winning...
Paul Merson thinks Arsenal winning the league is done deal after...
10h ago from SkySports.com
Comments
Hottest News
WEC 6 Hours of Spa: BMW deliver historic 1-2 in thriller,...
BMW M Team WRT secured its maiden FIA World... Read More »
2h ago from GrandPrix247.com
Red Bull car opens up for Fernando Alonso but it will cost...
Two-time F1 world champion Fernando Alonso is... Read More »
3h ago from GPFans.com
Lando Norris reveals honest take on F1 rival's title win:...
2025 F1 world champion Lando Norris has opened up... Read More »
2h ago from GPFans.com
