News Details
Liberty Media: Important for teams to invest in F1
Formula One's new owner Liberty Media is still hoping that competing teams will buy a stake in the sport once a takeover is completed and will reserve $400 million of shares for them, it said on Thursday. 'We think it's important to offer the teams the chance to invest in F1 and further align our interests,' said Greg Maffei, Liberty's president and Chief Executive, in a statement. 'We look forward to working with the teams to increase the appeal of this iconic sport and enhance the F1 business.' Chase Carey, Chairman of F1, said, “Several of the teams have expressed interest in investing and we have already begun productive discussions to make the sport more competitive and even more...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media offers shares to F1 teams
Prospective Formula 1 owners Liberty Media will offer shares in the sport...
9y ago from MotorsportWeek.com
Liberty reserves shares for teams
Liberty Media is to set aside $400m shares in F1 in the hope that the...
9y ago from Pitpass.com
Liberty Media shareholders approve F1 takeover
Liberty Media Corp announced that its shareholders voted to approve...
9y ago from GrandPrix247.com
Teams turn down Liberty offer to buy shares in F1
XPB Images
Formula 1 teams have turned down Liberty Media's...
9y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Carmelo Ezpeleta confident MotoGP will "reach an...
No description available...
18h ago from Motorsport.com
Guenther Steiner puzzled by MotoGP bikes sitting out...
No description available...
19h ago from Motorsport.com
Enea Bastianini blasts MotoGP safety commission and...
Enea Bastianini has criticised the existing MotoGP safety commission by...
19h ago from MotorsportWeek.c...
Toprak Razgatlioglu: Yamaha struggles make me think...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Graham Rahal “not a fan” of new rule allowing...
No description available...
11h ago from Motorsport.com
FOX unveils plan for 60 hours of Indy 500 coverage
No description available...
2d ago from Motorsport.com
IndyCar officiating board helps shape Push to Pass...
IndyCar’s new Independent Officiating Board has made one of its first...
1d ago from MotorsportWeek.c...
IndyCar expands Push to Pass availability
The NTT IndyCar Series has announced a change to the series’ Push to...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Ott Tanak can help Toyota's WRC 2027 car...
No description available...
1d ago from Motorsport.com
Why Hyundai’s WRC season “really starts” at...
No description available...
2d ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
1w ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'Might just help Arsenal…' – Steven...
Steven Gerrard has spoken about Arsenal's chances against Paris...
23m ago from CaughtOffside.com
19 goal contributions: Arsenal target World Cup winner...
Arsenal are looking to strengthen the midfield in the summer and have...
1h ago from CaughtOffside.com
Arsenal plot surprise move for £325k-a-week forward...
Manchester United star Marcus Rashford is currently on loan at Barcelona,...
1h ago from CaughtOffside.com
Sky Sports: Arsenal plot major squad overhaul with...
Arsenal finds themselves at a fascinating crossroads heading into the 2026...
1h ago from CaughtOffside.com
Comments
Hottest News
Red Bull F1 chief designer 'kicked out' in shock exit
Red Bull axed their chief designer Craig Skinner... Read More »
43m ago from GPFans.com
McLaren spy 'very interesting' trick on heavily upgraded...
An aspect of the new, heavily upgraded Red Bull... Read More »
1h ago from RacingNews365.com
Sky TV extends Formula 1 rights deal in UK and Ireland to...
Sky Sports will remain the exclusive live... Read More »
1h ago from GrandPrix247.com
