News Details
Liberty shareholders approve acquisition of F1
Liberty Media has confirmed that at a special meeting of stockholders approval was given for the acquisition of the sport and the change of name to 'Formula One Group'. The stockholders vote was one of several 'hurdles' the American company must overcome in order to proceed with its purchase of the sport in which it already holds a 19.1% stake. Having announced in mid-December that it had agreements with third party investors to commit $1.55 billion in subscriptions for newly issued shares in connection with its purchase of the sport, the company subsequently confirmed that it had received all the required approvals from the appropriate anti-trust authorities in connection with the deal....
Full Story »
Full Story »
9y ago from Pitpass.com
0
You May Also Be Interested In...
Liberty Media shareholders approve F1 takeover
Liberty Media Corp announced that its shareholders voted to approve...
9y ago from GrandPrix247.com
Liberty Media stockholders approve proposals for F1...
Liberty Media has crept closer to its takeover of Formula 1 after...
9y ago from MotorsportWeek.com
Sold to you! Liberty shareholders approve F1 buyout
XPB Images
Liberty Media says that its shareholders have voted...
9y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin: Brazilian MotoGP podium ‘feels...
Jorge Martin admits that his double podium from the Brazilian MotoGP...
20m ago from MotorsportWeek.c...
Maverick Vinales and Jorge Lorenzo's partnership cools...
No description available...
1h ago from Motorsport.com
Ducati: “We can’t always rely on Marc Marquez to...
No description available...
5h ago from Motorsport.com
What made Aprilia so dominant in Brazilian GP after...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
2d ago from Motorsport.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
6d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
6d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
23h ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
3d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Without regulation, AI will threaten the very thing...
Technology has driven countless evolutions in football – and so much of...
1h ago from CaughtOffside.com
Paul Merson makes prediction about Arsenal facing...
Premier League legend Paul Merson has questioned whether Arsenal can beat...
1h ago from SportsKeeda.com
Pundit questions if Arsenal need £69 million-rated...
Former England star Chris Waddle has claimed that Newcastle United star...
1h ago from SportsKeeda.com
Paul Scholes names the one Arsenal star who 'might...
Paul Scholes believes Max Dowman could save Arsenal's season after their...
1h ago from SportsKeeda.com
Comments
Hottest News
Bizarre: Mercedes driver abandons race track, returns via...
During the 12 Hours of Sebring, the no. 48 car... Read More »
1h ago from RacingNews365.com
Max Verstappen team-mate blasts British media after 'weak...
Dani Juncadella, one of Max Verstappen’s... Read More »
1h ago from GPFans.com
Alpine F1 stake saga takes new twist as new bidder throws...
The coveted 24 per cent stake in the Alpine... Read More »
1h ago from MotorsportWeek.com
