News Details
Done deal as Liberty Media now owns Formula 1
Press Release: Liberty Media Corporation and CVC Capital Partners announced today that Liberty Media has agreed to acquire Formula One, the iconic global motorsports business, from a consortium of sellers led by CVC. Liberty Media owns interests in a broad range of media, communications and entertainment businesses. Those interests are attributed to three tracking stock groups: the Liberty SiriusXM Group, the Liberty Braves Group, and the Liberty Media Group. The consideration comprises cash and newly issued shares in the Liberty Media Group tracking stock (LMCK) and a debt instrument exchangeable into shares of LMCK. The transaction price represents an enterprise value for Formula One of...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media Corporation Agrees to Acquire Formula...
Liberty Media Corporation earlier today confirmed the agreement to...
8y ago from JWGrandPrix.com
F1 has been sold; Liberty Media new owners
F1 News F1 has been sold; Liberty Media new owners Only 3 years left for...
8y ago from Formula1Blog.com
Liberty Media agrees to acquire Formula 1
– American entertainment company Liberty Media has announced plans...
8y ago from GPUpdate.net
Liberty Media agrees to purchase F1
XPB Images
Liberty Media has agreed to purchase Formula One...
8y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Kuala Lumpur emerges as favourite to host 2026 MotoGP...
No description available...
3h ago from Motorsport.com
MotoGP to stream free in US on new dedicated 24/7...
No description available...
25m ago from Motorsport.com
BMW admits 2027 MotoGP entry ‘not viable’ as it...
BMW has admitted it is “not viable” for the German manufacturer to...
1d ago from MotorsportWeek.c...
Why the next contract matters more to Fabio Quartararo...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from IndyCar’s Portland 2025...
No description available...
1d ago from Motorsport.com
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
1d ago from MotorsportWeek.c...
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
1d ago from MotorsportWeek.c...
Alex Palou clinches title, becomes IndyCar’s newest...
Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
1w ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Offer accepted: Arsenal very close to finalising...
Arsenal are now closing in on the capture of Eberechi Eze from Crystal...
25m ago from CaughtOffside.com
Gyokeres, Sesko, Ekitike - Forwards with power to...
With Premier League clubs making major upgrades to their attacking...
3h ago from SkySports.com
“Little too much pressure” - Robbie Fowler...
Robbie Fowler has predicted who among Viktor Gyökeres, Benjamin Sesko,...
5h ago from SportsKeeda.com
Spurs open Eberechi Eze talks as they try to beat...
t;li>Arsenal have been ahead but want to make sales firstSpurs do not...
7h ago from TheGuardian.com
Comments
Hottest News
Where McLaren has massively ‘impressed' Williams in...
Williams boss James Vowles admitted he is... Read More »
1h ago from MotorsportWeek.com
Helmut Marko responds to McLaren gain after poaching...
McLaren hired a key name from Red Bull two years... Read More »
6h ago from RacingNews365.com
F1 CEO open to radical grand prix weekend change
F1 has added fresh elements to its weekend... Read More »
3h ago from RacingNews365.com
