News Details
Liberty Media offers teams chance of buying into F1
XPB Images
Formula One's new owner Liberty Media has said that teams are to be given a chance to buy a stake in the sport. As part of their takeover of Formula One Management, Liberty has proposed offering 20 per cent of the shares still owned by previous majority shareholder CVC Capital Partners at a cost of $22 a share - but with the proviso that no team can purchase a stake bigger than five per cent. A one per cent stake in Formula One would cost around $40 million. Teams that buy into the sport would share in the annual profits generated by the business - but crucially, they would not have any voting rights in decisions relating to strategy, technology, marketing, prize...
Full Story »
Full Story »
You May Also Be Interested In...
Manor Racing to enter administration again
Manor Racing to enter administration again Manor is once again facing the...
8y ago from ThisIsF1.com
What did Formula 1 teams spend in 2016?
According to a report doing the rounds, Ferrari were the biggest spenders...
8y ago from GrandPrix247.com
Only two teams are currently making money in F1, which...
XPB Images
Out of the eleven teams currently entered in...
8y ago from F1i.com
Adrian Newey: 2017 regulations a guessing game for...
Red Bull design guru Adrian Newey is predicting a mixed up grid this year...
8y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin: ‘I could have fought Marc Marquez till...
No description available...
3h ago from Motorsport.com
Marc Marquez set to return on a motorcycle after long...
No description available...
8h ago from Motorsport.com
Why MotoGP hails 2025 season as a...
MotoGP promoter Dorna Sports has described the conclusion of the 2025...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
1d ago from MotorsportWeek.c...
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
1d ago from Motorsport.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
2d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
1d ago from MotorsportWeek.c...
Romet Jürgenson to compete in opening three WRC2...
The rising Estonian talent is joined by co-driver Siim Oja and start...
1d ago from MotorsportWeek.c...
Toyota brings Corolla back to rallying with all-new...
No description available...
2d ago from Motorsport.com
Gregoire Munster to contest Dakar Rally and WRC Monte...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'That's true, yes': Transfer expert confirms Arsenal...
Arsenal are reportedly interested in signing the Borussia Dortmund...
6h ago from CaughtOffside.com
'What a massive player he is for us' - Mikel Arteta...
Arsenal manager Mikel Arteta was full of praise for Declan Rice after...
4h ago from SportsKeeda.com
Contact made: Berta leading talks as Arsenal prepare...
Arsenal are looking to improve the midfield unit with the signing of...
6h ago from CaughtOffside.com
Everton 0-1 Arsenal: Gyokeres penalty sends Gunners...
Match report – Player ratings – Arteta reaction – Video...
8h ago from Arseblog.com
Comments
Hottest News
Gasly on the friendship and fallout behind his rivalry with...
Pierre Gasly speaks about Esteban Ocon with the... Read More »
50m ago from F1i.com
Why Toto Wolff expects new 2026 F1 cars to be...
Mercedes boss Toto Wolff has looked ahead to the... Read More »
1h ago from MotorsportWeek.com
Red Bull boss explains reason for sacking Christian Horner
Red Bull made a major decision earlier this year... Read More »
3h ago from RacingNews365.com
