News Details
Liberty F1 deal facing anti-competition probe
– Liberty Media's planned purchase of Formula 1 is to face an investigation by Britain's Competition and Markets Authority (CMA) to ensure it does not breach anti-competition laws.In September, Liberty Media announced that it had agreed to acquire Formula 1 from a consortium of sellers, led by CVC Capital Partners, in a deal which will cost $8 billion in total.It has initially taken on an 18.7 per cent stake, through a $746 million cash payment, and will ultimately acquire 100 per cent of Delta Topco's shares, Formula 1's parent company.Due to close in early 2017, the acquisition is subject to conditions, including "certain clearances and approvals by antitrust and competition...
Full Story »
Full Story »
9y ago from GPUpdate.net
0
You May Also Be Interested In...
Liberty Media's takeover faces anti-competition...
The UK's Competition and Markets Authority (CMA) is...
9y ago from GrandPrixTimes.com
Government to investigate F1 buy-out
Britain's Competition and Markets Authority (CMA) is to investigate...
9y ago from Pitpass.com
Liberty F1 deal facing UK anti-competition...
Liberty Media's planned acquisition of Formula 1 is to face an...
9y ago from Motorsport.com
Bitsize Gos – Liberty Lies
Ross tries to squash rumours surrounding Liberty Media and possible...
9y ago from F1.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
1d ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
How to watch the IndyCar Grand Prix of Arlington:...
No description available...
18h ago from Motorsport.com
Conor Daly snags Indy 500 ride with Dreyer and Reinbold
Dreyer and Reinbold Racing has announced that Conor Daly will drive for...
2d ago from MotorsportWeek.c...
Winners and losers from an action-packed IndyCar race...
No description available...
2d ago from Motorsport.com
Conor Daly set for Indy 500 run with Dreyer & Reinbold...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg moves clear of rivals...
No description available...
5h ago from Motorsport.com
WRC Monte Carlo: Why is the Monaco Circuit stage so...
No description available...
5h ago from Motorsport.com
Acropolis Rally reveals unique floating WRC parc ferme
No description available...
5h ago from Motorsport.com
WRC Safari Rally Kenya: Solberg leads as Ogier hauls...
No description available...
5h ago from Motorsport.com
Popular On GunnersToday.com
Pep Guardiola sends warning to Manchester City squad...
Manchester City boss Pep Guardiola has sent a warning to his side about...
1h ago from SportsKeeda.com
'People will laugh' – Michael Owen snubs Arsenal as...
Ex-Liverpool and Manchester United striker Michael Owen has asserted the...
3h ago from SportsKeeda.com
'He's pushing Bukayo' – Theo Walcott feels Arsenal...
Former Arsenal attacker Theo Walcott has asserted that Noni Madueke is...
3h ago from SportsKeeda.com
Update: Arsenal face paying £60m to sign PL star,...
Arsenal are keen on the transfer of Kevin Schade, but there has been a new...
4h ago from CaughtOffside.com
Comments
Hottest News
Wolff reveals where Mercedes is beating its rivals in...
Mercedes team principal Toto Wolff made no effort... Read More »
1h ago from F1i.com
Charles Leclerc fumes after bizarre Ferrari issue ruins...
Charles Leclerc was left furious after an... Read More »
5h ago from MotorsportWeek.com
FIA announce Mercedes penalty verdict after Chinese Grand...
The FIA have confirmed a penalty verdict for... Read More »
5h ago from GPFans.com
