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 »
8y 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...
8y ago from ThisIsF1.com
Teams still considering buy-in with Liberty amidst...
F1 News Teams still considering buy-in with Liberty amidst complex F1...
8y 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...
8y 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...
8y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
VR46 an option for Pedro Acosta, but priority is a...
No description available...
13h ago from Motorsport.com
Can Aprilia dethrone Ducati in the 2026 MotoGP title...
The conclusion of the 2025 MotoGP season saw an unprecedented level of...
16h ago from MotorsportWeek.c...
Aprilia Racing presents 2026 MotoGP livery
Aprilia Racing kicked off 2026 by unveiling its newest MotoGP livery in...
19h ago from MotorsportWeek.c...
Aprilia reveals 2026 MotoGP bike for Marco Bezzecchi...
No description available...
19h 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...
11h ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
12h ago from Motorsport.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
13h ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 11: Mattias Ekstrom leads Ford...
No description available...
18h ago from Motorsport.com
Dakar 2026, Stage 10: Mathieu Serradori wins as Nasser...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Competitive tension is no bad thing
Morning all, happy Friday to you. There's an early Mikel Arteta press...
13m ago from Arseblog.com
Berta eyes bold move, Arsenal poised to trump rivals...
Arsenal are very interested in signing the Rennes defender Jeremy Jacquet....
10h ago from CaughtOffside.com
'I didn’t think he had it in him' - Jimmy Floyd...
Former Chelsea hitman Jimmy Floyd Hasselbaink has said that he had doubts...
11h ago from SportsKeeda.com
Nottingham Forest vs Arsenal Prediction and Betting...
The Premier League is back in action with another round of matches this...
11h ago from SportsKeeda.com
Comments
Hottest News
Red Bull pulls cover off 2026 F1 livery in glitzy Detroit...
Red Bull has become the first F1 team to pull... Read More »
2h ago from MotorsportWeek.com
Red Bull Racing unveil livery of their 2026 Formula 1 car,...
During an event held in Detroit, Red Bull Racing... Read More »
2h ago from GrandPrix247.com
In photos: Racing Bulls reveal modified F1 2026 livery
Racing Bulls has become the first team to show... Read More »
3h ago from RacingNews365.com
