News Details

Liberty offers teams chance to invest in F1

– Liberty Media has confirmed that has offered Formula 1 teams the opportunity to invest in the sport, following the FIA giving the required green-light to its acquisition, in a statement issued on Thursday.Liberty, which initially took on an 18.7 per cent stake in Formula 1 last September, is proposing to acquire 100 per cent of the shares in Delta Topco, Formula 1's parent company.Having received the approval of its stakeholders, and the FIA's World Motor Sport Council, Liberty has now revealed plans to provide Formula 1 teams the opportunity to invest."Liberty Media Corporation announced today that it intends to issue cash convertible senior notes in a private offering,"...
Full Story »
9y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

FIA gives green light to Liberty Media's F1 buy-out

The FIA's World Motor Sport Council has given the green-light To Liberty...
9y ago from Pitpass.com

FIA unanimously approves Liberty Media's F1 takeover

Liberty Media's takeover of Formula 1 has been given the green-light...
9y ago from PlanetF1.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

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alex Palou quickest in first IndyCar practice from...

Just a few short days after the conclusion of a thrilling Indianapolis...
11h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Oliver Solberg crashes out of Rally Japan

Oliver Solberg has crashed out of Rally Japan on stage 10. The Swede slid...

Elfyn Evans heads Toyota top four lockout on Rally...

Elfyn Evans and co-driver Scott Martin delivered a flawless performance...
22h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Arteta must be esctatic after major boost ahead of...

Arsenal have been handed a timely boost ahead of the Champions League...
2h ago from CaughtOffside.com

When Arsenal beat PSG on their way to winning the Cup...

enal relied on their brilliant defence to see off PSG in the semi-finals...
1h ago from TheGuardian.com

'I love to watch them' - Alexander Zverev chooses who...

Tennis star Alexander Zverev has admitted that he wants Paris...
15m ago from SportsKeeda.com

Bollywood actor Ranveer Singh meets Arsenal star...

Bollywood actor Ranveer Singh, an alleged Arsenal fan, has confirmed that...
2h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.