News Details
FIA and EU Commission hurdles remain for Liberty buyout
Formula 1's sale to US tycoon John Malone's Liberty Media is yet to clear two significant hurdles, first and possibly foremost is the approval of the sport's governing body, the FIA. FIA president Jean Todt said in a statement that while he welcomes the 'long-term investment' by an impressive company, the FIA needs 'further information' about the 'possible consequences' of the deal. The second hurdle is the European Commission. Firstly, the EC must simply approve a transaction of this sort, but F1 business journalist Christian Sylt also warned of a potential 'conflict of interest'. That is because the FIA has a dual role as an approver of the buyout deal as well as a potential beneficiary...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0 Comments
You May Also Be Interested In...
FIA welcomes Liberty Media F1 takeover, keen to know...
The FIA has welcomed Liberty Media’s takeover of Formula 1, but...
8y ago from GrandPrixTimes.com
FIA welcomes Liberty Media's F1 takeover
– Formula 1's governing body, the FIA, says it welcomes the arrival...
8y ago from GPUpdate.net
Todt: FIA look forward to working closely with Liberty...
The FIA, the governing body of the Formula One World Championship, was...
8y ago from GrandPrix247.com
Liberty Media: We are excited to become part of...
The acquisition of Formula 1 by Liberty Media Corporation from CVC is...
8y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP announces free 24/7 streaming service across...
MotoGP has announced a partnership with C15 studios to produce a free...
13h ago from MotorsportWeek.c...
Why LCR Honda won’t field injury replacement for...
No description available...
13h ago from Motorsport.com
MotoGP to stream free in US on new dedicated 24/7...
No description available...
1d ago from Motorsport.com
Kuala Lumpur emerges as favourite to host 2026 MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from IndyCar’s Portland 2025...
No description available...
2d ago from Motorsport.com
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
2d ago from MotorsportWeek.c...
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
3d 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...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How drones will change the way you watch motorsport
No description available...
12h ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1d ago from Motorsport.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
Popular On GunnersToday.com
More depth, fewer excuses: Arsenal have nowhere to...
Mikel Arteta was asked this summer what his long-term plans for Arsenal...
5h ago from SkySports.com
Ex-Arsenal man explains why 'gifted player' would be...
Former Arsenal star Theo Walcott has explained why he thinks Eberechi Eze...
13h ago from CaughtOffside.com
'I just feel that the grass isn’t always greener' -...
Former Arsenal forward Theo Walcott has advised Eberechi Eze against a...
12h ago from SportsKeeda.com
'Worst season' – Arsenal star surely leaving as...
Arsenal left-back Oleksandr Zinchenko has claimed that last season was the...
14h ago from CaughtOffside.com
Comments
Hottest News
Daniel Ricciardo gives REAL verdict over former team-mate...
Former F1 star Daniel Ricciardo has opened up on... Read More »
7h ago from GPFans.com
F1 fans go wild as Ferrari star wears KILT for the first...
F1 star Charles Leclerc has been dubbed 'Bonnie... Read More »
6h ago from GPFans.com
Christian Horner backed for new F1 role with 'only thing...
Christian Horner sits as one of the sport's most... Read More »
17h ago from RacingNews365.com
