News Details
F1 share deal with Liberty still on the table
©WRI2
Formula 1 teams are still pondering the opportunity to invest in the Formula One Group, as the outfits pursue their discussions and due diligence. The sport's new owners has enticed the teams to become shareholders of F1, and have set aside an allocation of stock - specifically 19 million shares of the publicly traded entity FWONK - destined for the teams. Team owners have been reluctant however to invest because of a lack of transparency and specifics linked to the purchase. They want to know exactly what they are buying into. "We were given a short period of time to review a large investment," Brown told Motorsport.com. "I think the feedback to Liberty was, 'We...
Full Story »
Full Story »
You May Also Be Interested In...
F1 teams still discussing share deal with Liberty
McLaren executive director Zak Brown says that F1 teams have not rejected...
9y ago from Motorsport.com
Liberty Media share offer, not taken up by F1 teams
F1 teams have rebuffed the chance to become shareholders in the sport, an...
9y ago from TheCheckeredFlag....
Liberty 'won't renegotiate Silverstone contract'
XPB Images
Liberty Media Group boss Chase Carey has said that...
9y ago from F1i.com
New Liberty era ‘good thing’ for Formula 1 –...
This week could mark the end of Bernie Ecclestone's decades-long reign in...
9y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin to drop three places on Spanish GP grid...
No description available...
15h ago from Motorsport.com
Marc Marquez can only "survive" in Spanish...
No description available...
15h ago from Motorsport.com
Pedro Acosta explains Q1 relegation, hopes Jerez is...
No description available...
16h ago from Motorsport.com
Davide Brivio: 'It's time for Trackhouse to get an...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
14h ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
3d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
3d ago from Motorsport.com
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
WRC Canary Islands: Sebastien Ogier leads as Toyota...
No description available...
10h ago from Motorsport.com
Sebastien Ogier goes all out on asphalt attack
Sebastien Ogier and Vincent Landais lead Rally Islas Canarias by 8.6...
13h ago from MotorsportWeek.c...
Dani Sordo reacts to interest from WRC’s newest...
No description available...
15h ago from Motorsport.com
WRC Canary Islands: Sebastien Ogier extends lead as...
No description available...
18h ago from Motorsport.com
Popular On GunnersToday.com
Game 1 of the ‘new season' is a must win
Morning all. 'Game 1', is how Mikel Arteta described today's encounter...
1h ago from Arseblog.com
Arteta: Arsenal ready to 'get job done' and win title...
Mikel Arteta has urged his players to "take ownership" of the...
12m ago from SkySports.com
Arsenal and Man United look to beat La Liga giants in...
Atalanta midfielder Ederson has been linked with a move away from the...
12h ago from CaughtOffside.com
Mikel Arteta confirms 2 key Arsenal stars will return...
Arsenal manager Mikel Arteta has confirmed that Riccardo Calafiori and...
15h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: McLaren want Red Bull contract halted,...
McLaren F1 CEO Zak Brown has confirmed talks to... Read More »
2h ago from GPFans.com
Carlos Sainz says Williams simulator work progressing...
Williams driver Carlos Sainz has been busy over... Read More »
52m ago from GrandPrix247.com
Guenther Steiner doesn't agree with Max Verstappen, insists...
Former Haas Formula 1 team boss Guenther Steiner... Read More »
1h ago from GrandPrix247.com
