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...
9y ago from GrandPrix247.com
Sold to you! Liberty shareholders approve F1 buyout
XPB Images
Liberty Media says that its shareholders have voted...
9y 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...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
5h ago from Motorsport.com
MotoGP announces Qatar round postponed until November
MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...
1d ago from MotorsportWeek.c...
MotoGP postpones Qatar GP to November due to Middle...
No description available...
1d ago from Motorsport.com
MotoGP working on rescheduling Qatar GP amid Iran war
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood’s surprise lunge on Alex Palou...
Kyle Kirkwood took victory in the inaugural Grand Prix of Arlington on...
1h ago from MotorsportWeek.c...
Rough and tumble weekend dampens Josef Newgarden’s...
Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
14h ago from MotorsportWeek.c...
Official race results: 2026 IndyCar Grand Prix of...
No description available...
19h ago from Motorsport.com
Kirkwood "currently the biggest threat" to...
No description available...
16h ago from Motorsport.com
Popular On TotalWRC.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
19h ago from Motorsport.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
23h ago from Motorsport.com
WRC Safari Rally Kenya: Takamoto Katsuta scores...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Tim Sherwood makes prediction on Carabao Cup final...
Tim Sherwood has backed Manchester City to beat Arsenal in the Carabao Cup...
50m ago from SportsKeeda.com
Gary Neville makes feelings clear about Arsenal...
Manchester United legend Gary Neville has praised Arsenal for keeping Max...
1h ago from SportsKeeda.com
Arsenal vs Bayer Leverkusen Prediction and Betting...
The UEFA Champions League is back in action with another set of knockout...
1h ago from SportsKeeda.com
Arsenal latest: Two key players missing from open...
No description available...
40m ago from SkySports.com
Comments
Hottest News
Aston Martin and Adrian Newey given massive F1 lifeline...
Aston Martin's car sucks. Read More »
2h ago from GPFans.com
Lewis Hamilton's team-mate says new regulations have...
Lewis Hamilton may be firing on all cylinders in... Read More »
1h ago from GPFans.com
Isack Hadjar voices shock over dramatic mistake
Isack Hajdar's Chinese Grand Prix was hindered by... Read More »
40m ago from RacingNews365.com
