News Details
Conflict of interest in F1 sale?
Liberty Media's takeover of Formula 1 may not be as smooth as they had hoped as questions have been raised about the FIA's conflict of interest. Earlier this month Liberty Media confirmed that it had agreed a deal to takeover Formula 1 for $4.4bn. However, the deal, which will see the company purchase all the shares of parent company Delta Topco, still needs the approval of the FIA. And that is where the conflict of interest lies. According to the Daily Telegraph's Christian Sylt, the FIA owns a 1 percent stake in Delta Topco meaning motorsport's governing body will profit from the sale. Anneliese Dodds, Labour MEP for the south east of England, said: 'It is unacceptable that a regulator...
Full Story »
Full Story »
9y ago from PlanetF1.com
0
You May Also Be Interested In...
Liberty sees new reality in F1 future
Formula One may be at the cutting edge of technology on track, but new...
9y ago from Crash.net
European Commission urged to launch probe into F1 sale
It is little more than two weeks since Liberty Media announced its plan...
9y ago from Pitpass.com
New F1 boss Chase Carey teases US expansion
New Formula 1 Chairman Chase Carey has indicated it is his intention to...
9y ago from Crash.net
Carey wants to take Formula 1 to 'next level'
– Chasey Carey, Formula 1's new Chairman, says he is keen to take...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP's Concorde Agreement edges closer as talks near...
No description available...
5h ago from Motorsport.com
MotoGP completes investigation into Brazilian GP...
No description available...
20h ago from Motorsport.com
Maverick Vinales and Jorge Lorenzo's partnership cools...
No description available...
1d ago from Motorsport.com
Jorge Martin: Brazilian MotoGP podium ‘feels...
Jorge Martin admits that his double podium from the Brazilian MotoGP...
23h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Will Power compares ‘military-like’ Andretti to...
When Will Power signed a contract to join Andretti Global for the 2026...
17h ago from MotorsportWeek.c...
Will Power: “You cannot have a weakness” going...
No description available...
17h ago from Motorsport.com
Carb day concert line-up announced for Indy 500
Indianapolis Motor Speedway has announced which bands will be playing on...
23h ago from MotorsportWeek.c...
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
4d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Agents want Newcastle star to leave for Premier League...
The agent of Newcastle United midfielder Sandro Tonali is keen for his...
50m ago from CaughtOffside.com
Sources: Arsenal 'offered' chance to sign Liverpool...
Arsenal have been given an exciting opportunity in the transfer market as...
30m ago from CaughtOffside.com
Arsenal legend Jens Lehmann worried EFL Cup loss could...
Arsenal legend Jens Lehmann believes the Carabao Cup final loss could...
3h ago from SportsKeeda.com
60m-rated duo on Arsenal's list of transfer targets...
Arsenal are reportedly eyeing two new right-backs as they assess options...
3h ago from CaughtOffside.com
Comments
Hottest News
The ‘long conversation’ that may have led to...
The Formula 1 paddock is no stranger to shock... Read More »
5h ago from F1i.com
F1 drivers facing reduced Japanese GP threat after sudden...
A sudden change has reduced the threat facing F1... Read More »
1h ago from RacingNews365.com
Verstappen warms up for Suzuka with Super GT test at Fuji
On his way to Suzuka for this weekend’s... Read More »
2h ago from F1i.com
