News Details
Liberty Media begins $8billion F1 takeover
American media giant Liberty Media has revealed its first step towards a takeover of Formula 1, which will cost $8billion in total. Liberty Media will take an 18.7 percent stake in F1 in the short term. The initial step is a $1.1billion cash deal, with Chase Carey – the executive vice chairman of 21st Century Fox – to be installed as F1’s new chairman. “I am thrilled to take up the role of Chairman of Formula One and have the opportunity to work alongside Bernie Ecclestone, CVC, and the Liberty Media team,” said Carey. “I greatly admire Formula One as a unique global sports entertainment franchise attracting hundreds of millions of fans each season from all around the world. I...
Full Story »
Full Story »
9y ago from Motorsport.com
0
You May Also Be Interested In...
Teams downplay talk of Ecclestone exit from F1
Formula 1 teams have downplayed talk that Bernie Ecclestone could be about...
9y ago from Motorsport.com
Ecclestone overseeing sale of F1 to US firm Liberty...
Formula One commercial chief Bernie Ecclestone said Wednesday he is...
9y ago from F1Pulse.com
Liberty Media on verge of launching £6.4bn bid for F1
XPB Images
Liberty Media, the American media company owned by...
9y ago from F1i.com
Formula 1 sale to Liberty Media to go ahead next week
A sale of Formula 1 to Liberty Media is to go ahead next week, respected...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia confirms Jorge Martin will miss Sepang MotoGP...
No description available...
2h ago from Motorsport.com
Why KTM thinks it "hasn't done enough yet"...
No description available...
29m ago from Motorsport.com
Pedro Acosta on MotoGP silly season rumours: “Those...
No description available...
23h ago from Motorsport.com
KTM and Tech3 unveil 2026 MotoGP challengers
KTM and its sister team Tech3 have officially launched its 2026...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Ryan Briscoe to coach RLL drivers, fueling speculation...
Rahal Letterman Lanigan Racing has announced that it has brought on two...
1d ago from MotorsportWeek.c...
Wienie 500 returns for second year in build-up to Indy...
Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...
1d ago from MotorsportWeek.c...
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
4d ago from MotorsportWeek.c...
IndyCar penalizes Abel Motorsports for rig testing
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
18h ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1d ago from Motorsport.com
How Oliver Solberg picked up his “crazy dream”...
No description available...
2d ago from Motorsport.com
Oliver Solberg crowned the youngest ever Rallye Monte...
Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Change it around for FC Kairat + Arteta's press...
Morning. We play our final league stage game of the Champions League this...
4h ago from Arseblog.com
Sources: Euro giants target move for summer signing...
Ajax have launched a major winter operation to add leadership, experience,...
5h ago from CaughtOffside.com
Arsenal, Man United and Chelsea lock horns for...
Arsenal, Manchester United and Chelsea are keeping tabs on the Freiburg...
14h ago from CaughtOffside.com
Arteta feeling bullish after Arsenal ‘take...
t;li>Head coach and players spoke in wake of United defeatSide is ‘in...
18h ago from TheGuardian.com
Comments
Hottest News
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 3
The third day of on-track action for F1 in 2026... Read More »
4h ago from RacingNews365.com
Red Bull out of testing after Barcelona crash
Red Bull will reportedly miss day three... Read More »
39m ago from GPFans.com
Mercedes has built an F1 MONSTER and George Russell cannot...
If I was going to share my deepest darkest... Read More »
3h ago from GPFans.com
