News Details
Liberty Media announce deal to buy Formula 1
Liberty Media have confirmed that it has agreed a deal to takeover Formula 1 for 4.4bn US dollars (£3.3bn). The US firm released a statement declaring that they are buying 100 per cent of the shares of Delta Topco, who are the parent company of Formula 1, from CVC Capital Partners. Liberty Media, who are an American entertainment and media giant, will make Chase Carey – current vice-chairman of 21st Century Fox – the new chairman, while Bernie Ecclestone will stay on as chief executive. The deal brings to an end years of speculation around the ownership of the racing business. 'After completion of the acquisition, Liberty Media will own Formula 1 and it will be attributed...
Full Story »
Full Story »
9y ago from PlanetF1.com
0
You May Also Be Interested In...
Liberty Media begins $8billion F1 takeover
American media giant Liberty Media has revealed its first step towards a...
9y ago from Motorsport.com
Liberty Media Corporation Agrees to Acquire Formula...
Liberty Media Corporation earlier today confirmed the agreement to...
9y ago from JWGrandPrix.com
Official: Liberty Media purchases F1 for $8bn
Media giant Liberty Media has confirmed that it is to buy Formula One in...
9y ago from Pitpass.com
Liberty Media in $4.4billion takeover of Formula 1
Liberty Media, a United States-based firm headed by media tycoon John...
9y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
VR46 looking for mix of experience and youth in 2027...
No description available...
2h ago from Motorsport.com
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
11h 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
Popular On IndyCarToday.com
Kyle Kirkwood’s surprise lunge on Alex Palou...
Kyle Kirkwood took victory in the inaugural Grand Prix of Arlington on...
7h ago from MotorsportWeek.c...
Rough and tumble weekend dampens Josef Newgarden’s...
Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
20h ago from MotorsportWeek.c...
Official race results: 2026 IndyCar Grand Prix of...
No description available...
1d ago from Motorsport.com
Kirkwood "currently the biggest threat" to...
No description available...
22h ago from Motorsport.com
Popular On TotalWRC.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
4h ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
4h ago from Motorsport.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
1d ago from Motorsport.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Max Dowman and the making of Arsenal's 'defining...
It is a moment that will go down in Arsenal folklore. As Mikel Arteta...
1h ago from SkySports.com
Arsenal latest: Two key players ruled out of...
No description available...
1h ago from SkySports.com
Liverpool and Arsenal in race to sign Chile...
Liverpool and Arsenal are reportedly in a race to sign Chile international...
2h ago from SportsKeeda.com
Arsenal boss Mikel Arteta confirms 2 key first team...
Arsenal boss Mikel Arteta has confirmed the unavailability of both Martin...
4h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin ‘are now looking for a new team principal’...
Aston Martin are now looking for a new team... Read More »
33m ago from GPFans.com
Aston Martin and Adrian Newey given massive F1 lifeline...
Aston Martin's car sucks. Read More »
8h ago from GPFans.com
Max Verstappen in private jet summit with Red Bull bosses...
Max Verstappen was seen boarding his private jet... Read More »
3h ago from GPFans.com
