News Details
Liberty Media offer teams a double edged sword
Liberty Media have made Formula 1 teams an offer to buy into the sport, allocating a fifth of the total shares on offer for this purpose but it comes with a twist. As part of the acquisition of Formula 1, Liberty are offering the 20% shares still owned by CVC to the teams at $22 per share, but no team can purchase more than 5% off these. At current value one percent equals approximately $40 million which is affordable to top teams such as Mercedes, Red Bull, Renault and Ferrari, but not so attractive to the privateer teams of which some are struggling to survive in the current economic climate. Nevertheless the offer is on the table with CVC giving teams until the end of January to make a...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Kaltenborn hopeful Liberty Media will tackle F1's...
XPB Images
Sauber boss Monisha Kaltenborn believes that...
8y ago from F1i.com
Liberty Media could scratch Fridays from F1 race...
Liberty Media could scratch Fridays from F1 race schedule New owners...
8y ago from ThisIsF1.com
Claims F1 cost cap can't be enforced are...
Toro Rosso team principal Franz Tost has dismissed suggestions that a cost...
8y ago from Motorsport.com
Marchionne says F1 budget cap won't work
Ferrari president Sergio Marchionne believes a budget cap cannot work in...
8y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu eyes 2027 regulations ahead of...
Toprak Razgatlioglu is already looking ahead to the 2027 MotoGP...
1h ago from MotorsportWeek.c...
Honda test rider Takaaki Nakagami to replace Luca...
Honda test rider Takaaki Nakagami has been announced as a replacement for...
22h ago from MotorsportWeek.c...
Pirelli to hold first MotoGP test in Misano with test...
No description available...
1d ago from Motorsport.com
Watch: Motorsport takes a ride in the MotoGP safety car
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar breaks 1 million US TV viewers for third...
The NTT IndyCar Series is nearly through the first year with its new...
14h ago from MotorsportWeek.c...
Christian Rasmussen "not surprised" to earn...
No description available...
17h ago from Motorsport.com
After first oval win, does Kyle Kirkwood see himself...
No description available...
13h ago from Motorsport.com
Video: Harrowing crash takes out Josef Newgarden,...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
5d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal column: Reaction to 2025/26 fixtures, Nico...
Thoughts on Arsenal's Premier League fixture list Well, you don’t get...
1h ago from CaughtOffside.com
'We know…' – Expert names two possible...
Arsenal could turn to Rodrygo Goes or Anthony Gordon as it's become clear...
40m ago from CaughtOffside.com
Journalist reveals 'serious' interest in Arsenal star...
Arsenal left-back Oleksandr Zinchenko has serious interest from AC Milan...
20m ago from CaughtOffside.com
Arsenal 2025/26 fixtures confirmed: Man United on...
Arsenal‘s fixture list has officially been released this morning as...
2h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin recruits ex-Adrian Newey colleague to bolster...
Aston Martin has recruited a former Red Bull... Read More »
49m ago from MotorsportWeek.com
Ferrari DISQUALIFIED as late investigation verdict...
Ferrari have been dealt a devastating late... Read More »
3h ago from GPFans.com
Mercedes F1 star gatecrashes Brad Pitt interview as...
Brad Pitt is used to being the star attraction,... Read More »
1h ago from GPFans.com
