News Details
F1 teams given option to purchase shares by Liberty Media
Formula 1 teams are to be given the option to purchase a stake in the sport by new commercial rights holders Liberty Media, in a bid to bring a closer working partnership between the squads and the sports parent company. Previous majority shareholder CVC Capital Partners, had owned a twenty percent stake in the business, and this portion will be offered out to the teams at $22 a share, though no team will be allowed to amass more than a five percent stake. Taking up the deal on offer would see the team enjoy a share in the annual profits generated by the business, but that is where the benefits are believed to stop, with no voting rights relating to strategy, technology, marketing,...
Full Story »
Full Story »
9y ago from TheCheckeredFlag.co.uk
0
You May Also Be Interested In...
Liberty Media offers teams chance of buying into F1
XPB Images
Formula One's new owner Liberty Media has said that...
9y ago from F1i.com
Liberty could save the British GP, says BRDC chairman
©WRI2
John Grant, the chairman of the British Racing Drivers’ Club,...
9y ago from F1i.com
Ferrari president Marchionne would not welcome F1...
With rumours that Liberty Media, the new owners of Formula 1, are looking...
9y ago from TheCheckeredFlag....
Liberty arrival could help save British GP
Liberty Media's arrival as Formula 1's new owners, plus some government...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati anticipates ‘2024 version’ of Francesco...
Ducati Team Manager Davide Tardozzi is “very confident” Francesco...
5h ago from MotorsportWeek.c...
Marc Marquez admits ‘my body will force me to retire...
No description available...
5h ago from Motorsport.com
Honda completes another test with 2027 bike as Ducati...
No description available...
22h ago from Motorsport.com
Jorge Martin: Aprilia signed me to win the title,...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
1d ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
1d ago from Motorsport.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
1d ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026: Dacia edges Ford and Toyota as Nasser...
No description available...
4h ago from Motorsport.com
Luciano Benavides defeats Ricky Brabec by two seconds...
No description available...
7h ago from Motorsport.com
Ford's Nani Roma survives late crash and fuel drama to...
No description available...
22h ago from Motorsport.com
Popular On GunnersToday.com
Nottingham Forest vs Arsenal preview: Gunners can go...
No description available...
1h ago from SkySports.com
'Seen as inevitable' – Worrying Arsenal update...
Arsenal manager Mikel Arteta is reportedly attracting interest from big...
3h ago from CaughtOffside.com
'In active talks' – Fabrizio Romano provides...
Fabrizio Romano says Chelsea are in active talks over signing a new...
8h ago from CaughtOffside.com
Arsenal now set to target £120m double transfer after...
Arsenal are now reportedly set to switch their focus to Eintracht...
5h ago from CaughtOffside.com
Comments
Hottest News
Alex Albon names F1 star who would be 'BEST MAN at his...
Alex Albon has revealed which F1 star on the grid... Read More »
3h ago from GPFans.com
Why Lewis Hamilton will not be reunited with 'Bono' at...
Lewis Hamilton is on the search for a new race... Read More »
37m ago from RacingNews365.com
Russell reveals the 'big' contract request that Mercedes...
In the world of driver contract negotiations,... Read More »
2h ago from F1i.com
