News Details
Teams turn down Liberty offer to buy shares in F1
XPB Images
Formula 1 teams have turned down Liberty Media's offer to become shareholders of the sport, at least for now. Yesterday, the FIA gave its final blessing to the American company's takeover of Formula 1, with the deal expected to close by the end of this month. In a bid to give the leading actors of the sport an interest in its future, Liberty is offering up to 20 percent of Formula 1's commercial rights to the teams on favourable terms, although the stake would not include voting rights. Given the team's current refusal or hesitancy to invest, perhaps the terms aren't as favourable as Liberty claims. "I honestly don't know if I should buy shares," Red Bull...
Full Story »
Full Story »
You May Also Be Interested In...
Liberty Media shareholders approve F1 takeover
Liberty Media Corp announced that its shareholders voted to approve...
8y ago from GrandPrix247.com
Sold to you! Liberty shareholders approve F1 buyout
XPB Images
Liberty Media says that its shareholders have voted...
8y ago from F1i.com
FIA approves sale of F1 to Liberty Media
Liberty Media's takeover of Formula 1 was voted through unanimously by the...
8y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia ‘surprised but happy’ ahead of...
Francesco Bagnaia admitted he was “surprised but happy” about the...
1d ago from MotorsportWeek.c...
Fabio Quartararo reveals Yamaha is still “missing...
Fabio Quartararo revealed Yamaha was still “missing quite a lot” from...
2d ago from MotorsportWeek.c...
Why the numbers show Aprilia’s threat to Ducati is...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou’s Indy 500 win immortalized on...
Alex Palou’s likeness has been added to the iconic Borg-Warner Trophy,...
3d ago from MotorsportWeek.c...
Ryan Hunter-Reay joins Arrow McLaren for 2026...
No description available...
1w ago from Motorsport.com
Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500
Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
On this day in 1995, Colin McRae became the UK’s...
No description available...
1d ago from Motorsport.com
Why Lancia is returning to WRC in Rally2 and what it...
No description available...
4d ago from Motorsport.com
How Adrien Fourmaux’s WRC Japan exit proves mental...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 4-1 Tottenham: player ratings from the north...
will always remember his derby debut while Bentancur was one of many...
59m ago from TheGuardian.com
“This guy is so unreliable,” “Keeps making this...
David Raya has come in for a kicking from fans for his performance during...
39m ago from SportsKeeda.com
Eze's brilliant hat-trick sinks Spurs as Arsenal go...
Eberechi Eze scored a sensational hat-trick as Arsenal moved six points...
1h ago from SkySports.com
“Hahahaha Kill me,” “Had enough” - Arsenal...
Arsenal fans on X are unhappy with manager Mikel Arteta’s decision to...
3h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin issue emotional statement as star officially...
Aston Martin F1 team issued an emotional... Read More »
2h ago from GPFans.com
Adjusted 2025 F1 championship standings after double...
Check out the full F1 championship standings... Read More »
10h ago from RacingNews365.com
George Russell calls for extra Lando Norris FIA punishment...
Mercedes F1 star George Russell cheekily called... Read More »
1h ago from GPFans.com
