News Details
Marchionne: We are exploring opportunity to buy F1 shares
Ferrari president Sergio Marchionne confirmed that the company is looking to acquire a stake in Formula 1 offered to teams by new owners Liberty Media. During a teleconference with media Marchionne confirmed, 'We began to explore the opportunity [to acquire a stake] and we are in talks with Liberty Media.' But at the same time he added that 'clarity about what will come after 2020 and what Ferrari could get with an investment in Formula 1.' Marchionne was referring to the controversial Concorde Agreement that expires in 2020, but currently rules how Formula 1 income is distributed among teams, of which Ferrari are the biggest earners. 'I hope that the sport of F1 in general has a better...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Ferrari considering buying into Formula 1 –...
Ferrari could be the first F1 team to take up Liberty Media's offer of...
9y ago from ThisIsF1.com
Teams still considering buy-in with Liberty amidst...
F1 News Teams still considering buy-in with Liberty amidst complex F1...
9y ago from Formula1Blog.com
Liberty Media share offer, not taken up by F1 teams
F1 teams have rebuffed the chance to become shareholders in the sport, an...
9y ago from TheCheckeredFlag....
Ferrari wants Liberty to outline its plans for F1's...
Ferrari says it wants clarity from Formula 1's new owners Liberty Media...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
2027 MotoGP bikes may not be slower at half the...
No description available...
3h ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
3h ago from MotorsportWeek.c...
VR46 approached by Aprilia for 2027 but new Ducati...
No description available...
1d ago from Motorsport.com
Jerez hosts three days of private MotoGP testing with...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from an action-packed IndyCar race...
No description available...
21h ago from Motorsport.com
IndyCar reveals track design for Washington D.C. event
IndyCar has revealed the track design for the newly-added event in...
1d ago from MotorsportWeek.c...
Washington D.C. IndyCar track layout and event logo...
No description available...
1d ago from Motorsport.com
David Malukas’ Penske poise earns accolades from...
After just two races with Team Penske under his belt, David Malukas is...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Toyota tips Hyundai to fight back in WRC 2026
No description available...
22h ago from Motorsport.com
Hyundai's WRC upgrade plan to close the gap to Toyota
No description available...
1d ago from Motorsport.com
Why Hyundai WRC team is "working at 120 per...
No description available...
5d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Bid prepared: Arsenal considering move for contract...
Arsenal are reportedly considering a summer transfer window move for...
1h ago from CaughtOffside.com
'He's out' – Arteta confirms key Arsenal star...
Arsenal’s quest for a maiden European crown faces a significant hurdle...
3h ago from CaughtOffside.com
U-turn: Report reveals surprise outcome of recent...
Arsenal may reportedly have cooled their interest in the potential...
7h ago from CaughtOffside.com
The big boys are back for Leverkusen trip
Morning all. We're in Champions League action this evening, taking on...
6h ago from Arseblog.com
Comments
Hottest News
Toto Wolff responds to McLaren's Mercedes complaint and...
Toto Wolff has hit back at its F1 rivals who rely... Read More »
5h ago from GPFans.com
Aston Martin concede to Australian GP 'mess' after major...
Aston Martin's challenging start to the new F1... Read More »
1h ago from RacingNews365.com
Norris downplays Mercedes win, insists Ferrari ‘have the...
Reigning F1 world champion Lando Norris has... Read More »
3h ago from F1i.com
