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FIA approves sale of F1 to Liberty Media
Liberty Media's takeover of Formula 1 was voted through unanimously by the FIA during an extraordinary meeting of the World Motor Sport Council in Geneva on Wednesday. Just one day after Liberty's shareholders met to approve its plans to take a controlling interest in F1, the FIA's senior members got together to evaluate the proposal. At the WMSC gathering, representatives of Liberty made a presentation about their plans for F1 and answered questions from members about the potential implications of the company taking 100 percent of the shares in the sport's parent company Delta Topco. A vote was taken by WMSC members about whether they supported the takeover, and there was unanimous...
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8y ago from Motorsport.com
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