News Details
Liberty Media confirms F1 purchase
The American firm Liberty Media has confirmed its purchase of Formula 1 for £3.3bn with Bernie Ecclestone remaining as chief executive. The deal comes after weeks of speculation with rumours the Italian Grand Prix would be Ecclestone's final race in charge of the sport. Yesterday, the 85-year-old said he has been asked to remain involved in F1 for three years once the purchase had been officially confirmed. With the F1 supremo staying in place, Chase Carey – current executive vice chairman of 21st Century Fox – has been instated as the new chairman replacing Peter Brabeck-Letmathe. The new ownership sees equity firm CVC Capital Partners sell its controlling share of the sport to...
Full Story »
Full Story »
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 want Ecclestone to stay 'for three years'
XPB Images
Bernie Ecclestone says Liberty Media - the group...
9y ago from F1i.com
Liberty Media agrees to purchase F1
XPB Images
Liberty Media has agreed to purchase Formula One...
9y ago from F1i.com
Ecclestone may remain F1 chief if sale to Liberty...
A takeover of Formula One by Liberty Media, rumoured to be imminent,...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Maverick Vinales still struggling with injury; to...
No description available...
9h ago from Motorsport.com
Marco Bezzecchi on US GP chances: Marc Marquez’s...
No description available...
9h ago from Motorsport.com
Francesco Bagnaia on Brazilian GP debacle: MotoGP must...
No description available...
10h ago from Motorsport.com
MotoGP chiefs visit Buenos Aires construction site...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
How to watch IndyCar at Barber: Weekend schedule,...
No description available...
8h ago from Motorsport.com
Andretti boss explains Will Power’s steep transition...
No description available...
13h ago from Motorsport.com
IndyCar changes Arlington results, penalizing Kyffin...
No description available...
1d ago from Motorsport.com
Ed Carpenter set for one-off Indy 500 run with...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
13h ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
19h ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Man United plot shock raid on Premier League rivals...
Myles Lewis-Skelly has been linked with a move away from Arsenal at the...
9h ago from CaughtOffside.com
Arsenal plotting 50m swoop for Frenchman after...
Arsenal are interested in signing the Sunderland midfielder Enzo Le Fee....
12h ago from CaughtOffside.com
Everton join race as Newcastle push to sign...
Newcastle United are interested in signing the Arsenal defender Ben White...
10h ago from CaughtOffside.com
Arsenal star Kai Havertz makes stance clear on future...
Arsenal attacker Kai Havertz has opened up on his future at the Emirates...
13h ago from SportsKeeda.com
Comments
Hottest News
F1: Japanese Grand Prix: Friday Free 1 - Times
Times from today's opening free practice session... Read More »
1h ago from Pitpass.com
Japanese Grand Prix Free Practice 1 - Results
Full results from Free Practice 1 for the... Read More »
1h ago from F1i.com
Russell just fastest in first Japan practice as McLaren...
George Russell pipped team-mate Kimi Antonelli to... Read More »
1h ago from SkySports.com
