News Details
US firm Liberty Media buying Formula One auto racing series
Formula One is being bought by Liberty Media, a U.S. company that invests in entertainment and sports, for $4.4 billion. Liberty Media Corp., which is controlled by 75-year-old tycoon John Malone, has ended years of uncertainty about the ownership of the auto racing series with Wednesday's deal. There will be continuity, with Bernie Ecclestone remaining the chief executive officer of F1. But the 85-year-old Ecclestone will have to work under a new chairman: Chase Carey, the executive vice chairman of Rupert Murdoch's entertainment conglomerate 21st Century Fox. Formula One has hundreds of millions of fans, and Carey said in a statement that he sees opportunity to develop it. In an...
Full Story »
Full Story »
9y ago from F1Pulse.com
0
You May Also Be Interested In...
Ecclestone overseeing sale of F1 to US firm Liberty...
Formula One commercial chief Bernie Ecclestone said Wednesday he is...
9y ago from F1Pulse.com
CVC sale of F1 to Liberty Media for $8.5 billion is a...
The deal is definitely done on the sale of Formula 1's majority stake by...
9y ago from GrandPrix247.com
Liberty Media buys Formula One
US communications billionaire John Malone's Liberty Media announced on...
9y ago from SuperSport.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
Elsewhere On The Network
Popular On MGPToday.com
Ducati: Marc Marquez “helped, protected” Francesco...
No description available...
19h ago from Motorsport.com
Why Aprilia boss is "disappointed" about not...
No description available...
1d ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
2d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
1d ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
1d ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
1d ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Drivers, fans and Liam Lawson enjoy...
No description available...
5h ago from Motorsport.com
Solberg steals the show on Saturday
Oliver Solberg and Elliot Edmondson continued where they left off on...
11h ago from MotorsportWeek.c...
WRC Monte Carlo: Oliver Solberg survives with healthy...
No description available...
10h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg in control, as Elfyn...
No description available...
18h ago from Motorsport.com
Popular On GunnersToday.com
Manchester United legend Paul Scholes names one...
Manchester United legend Paul Scholes believes Jurrien Timber has been a...
1h ago from SportsKeeda.com
Report: Arsenal ‘in talks' to sign Real Madrid...
Arsenal are stepping up their long-term recruitment planning, with sources...
6h ago from FreshArsenal.com
Report: Arsenal interested in signing Brazilian league...
Arsenal look unlikely to sign any senior players soon, but the club do...
7h ago from FreshArsenal.com
Jermaine Jenas warns Arsenal about 3 Manchester United...
Former Tottenham Hotspur midfielder Jermaine Jenas has warned Arsenal that...
10h ago from SportsKeeda.com
Comments
Hottest News
Oscar Piastri hints at possible changes to controversial...
'Papaya rules' was a controversial aspect of the... Read More »
52m ago from RacingNews365.com
Lewis Hamilton left stunned after first Ferrari 2026 F1 laps
Ferrari unveiled to the world its new car for the... Read More »
18h ago from RacingNews365.com
Charles Leclerc suffers very unfortunate mishap during...
There's low-hanging fruit, and then... Read More »
9h ago from GPFans.com
