News Details
Taking a Liberty?
To judge by some people's reaction you would have thought that the purchase of Formula One shares by Liberty Media was akin to the reappearance of Zeus on Olympus. First of all, Liberty has not bought a controlling interest, CVC Capital Partners have been holders of the largest block of shares, but that has been just 35.5 per-cent of the total issue. Their control depended on the shares owned by Bernie Ecclestone himself and by Bambino Holdings Ltd, the trust fund set up for his daughters. The sale to Liberty Media has been welcomed mainly because Liberty is not CVC which has used F1 as a milch cow while putting back not a penny. It is an equity fund and that is how they work. It exists to...
Full Story »
Full Story »
9y ago from Pitpass.com
0
You May Also Be Interested In...
Boullier: We don't know what Liberty Media has for F1
Following the purchase of Formula 1 by Liberty Media, McLaren racing...
9y ago from PlanetF1.com
Liberty eyeing gambling as future growth area for F1
Liberty Media's Greg Maffei has revealed the areas F1's new owners are...
9y ago from Pitpass.com
Liberty eyeing gambling as one future growth area for...
Liberty Media's Greg Maffei has revealed the areas F1's new owners are...
9y ago from Pitpass.com
Liberty sees new reality in F1 future
Formula One may be at the cutting edge of technology on track, but new...
9y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta on MotoGP silly season rumours: “Those...
No description available...
17h ago from Motorsport.com
KTM and Tech3 unveil 2026 MotoGP challengers
KTM and its sister team Tech3 have officially launched its 2026...
21h ago from MotorsportWeek.c...
KTM and Tech3 unveil 2026 MotoGP bikes in joint launch
No description available...
21h ago from Motorsport.com
Why Valentino Rossi is putting pressure on Ducati over...
No description available...
1d ago from Motorsport.com
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...
12h 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
Arsenal, Man United and Chelsea lock horns for...
Arsenal, Manchester United and Chelsea are keeping tabs on the Freiburg...
8h ago from CaughtOffside.com
Gabriel refusing to shake Maguire's hand sparks aggro...
Gabriel refused to shake Harry Maguire's hand which sparked aggro at full...
11h ago from SkySports.com
Arteta feeling bullish after Arsenal ‘take...
t;li>Head coach and players spoke in wake of United defeatSide is ‘in...
12h ago from TheGuardian.com
Arteta encouraged by 'beautiful' meeting with players...
Mikel Arteta has revealed he called his players for a meeting to...
13h ago from SkySports.com
Comments
Hottest News
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 2
The second day of on-track action for F1 in 2026... Read More »
22h ago from RacingNews365.com
Max Verstappen reveals fascinating driver management...
Racing in Formula 1 is not all Max Verstappen... Read More »
33m ago from RacingNews365.com
F1: Barcelona Day 2 Recap: Ferrari
It was a productive day for us. Despite the rain,... Read More »
10h ago from Pitpass.com
