News Details
Formula 1 faces big shake-up after Liberty deal
Formula One faces its biggest shake-up in decades with the announcement on Wednesday that U.S. cable TV mogul John Malone's Liberty Media has agreed to take control of the cash-generating glamour sport. The deal, which has an enterprise value of $8 billion (5.99 billion pounds) according to a company statement, heralds a new era for Formula One, a European-dominated sport that has long sought to break into the U.S. market and win fresh audiences. It could also accelerate the exit of 85-year-old Bernie Ecclestone, the Briton who has run the sport for nearly 40 years and built up a business with annual turnover of around $1.9 billion. Liberty Media said in a statement, which ended a...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media agrees to acquire Formula 1
– American entertainment company Liberty Media has announced plans...
8y ago from GPUpdate.net
Formula 1 bought by US company Liberty Media
The expected sale of Formula 1 to new owners has taken place, with...
8y ago from FormulaSpy.com
Liberty Media buys Formula One
US communications billionaire John Malone's Liberty Media announced on...
8y ago from SuperSport.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...
8y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia admits it is impossible to think...
No description available...
4h ago from Motorsport.com
Marc Marquez and Francesco Bagnaia called to MotoGP...
No description available...
5h ago from Motorsport.com
Why late podium charge against Francesco Bagnaia gave...
No description available...
5h ago from Motorsport.com
Fabio Quartararo explains "a real disaster"...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
53m ago from MotorsportWeek.c...
Santino Ferrucci hangs on for Road America podium,...
No description available...
44m ago from Motorsport.com
Alex Palou turns up the heat, earns IndyCar victory at...
The NTT IndyCar Series contested a fierce race at Road America Sunday...
1h ago from MotorsportWeek.c...
Alex Palou wins frantic, fuel-saving IndyCar battle at...
No description available...
1h ago from Motorsport.com
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
4d ago from MotorsportWeek.c...
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal receive boost in Rodrygo chase as sources...
Arsenal remain firmly interested in signing Real Madrid forward Rodrygo...
54m ago from FreshArsenal.com
Arsenal end talks to sign £70 million-rated star...
Arsenal have reportedly decided to end talks with Benjamin Sesko. The...
1h ago from SportsKeeda.com
Bayern Munich set sights on ‘incredible' Arsenal...
Bayern Munich have reportedly set their sights on Arsenal’s Gabriel...
5h ago from CaughtOffside.com
Surprise Premier League club eyeing up move for...
Brighton & Hove Albion have set their sights on Liverpool's Harvey Elliot...
5h ago from SportsKeeda.com
Comments
Hottest News
I’m an F1 superstar and I own a Ferrari, but I’d rather...
The surprising confession of one F1 star has... Read More »
54m ago from GPFans.com
Legendary F1 TV presenter RETIREMENT confirmed
A former F1 presenter and sports broadcasting... Read More »
10h ago from GPFans.com
Car FLIPS in controversial crash as Nurburgring 24 hour...
A crash at the 2025 Nurburgring 24 Hours has... Read More »
2h ago from GPFans.com
