News Details
Taking a Liberty?
To judge by some people's reaction you would have thought that the purchase of Formula One shares by Liberty Media was akin to the reappearance of Zeus on Olympus. First of all, Liberty has not bought a controlling interest, CVC Capital Partners have been holders of the largest block of shares, but that has been just 35.5 per-cent of the total issue. Their control depended on the shares owned by Bernie Ecclestone himself and by Bambino Holdings Ltd, the trust fund set up for his daughters. The sale to Liberty Media has been welcomed mainly because Liberty is not CVC which has used F1 as a milch cow while putting back not a penny. It is an equity fund and that is how they work. It exists to...
Full Story »
Full Story »
9y ago from Pitpass.com
0
You May Also Be Interested In...
Boullier: We don't know what Liberty Media has for F1
Following the purchase of Formula 1 by Liberty Media, McLaren racing...
9y ago from PlanetF1.com
Liberty eyeing gambling as future growth area for F1
Liberty Media's Greg Maffei has revealed the areas F1's new owners are...
9y ago from Pitpass.com
Liberty eyeing gambling as one future growth area for...
Liberty Media's Greg Maffei has revealed the areas F1's new owners are...
9y ago from Pitpass.com
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
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia: I have potential to make Marc...
No description available...
14h ago from Motorsport.com
Fabio Di Giannantonio: Ducati no longer have an edge...
Fabio Di Giannantonio believes Ducati no longer have an edge over rival...
20h ago from MotorsportWeek.c...
Marc Marquez and Ducati set for two-year MotoGP...
No description available...
1d ago from Motorsport.com
Ducati showcases 2026 MotoGP livery
Reigning back-to-back Teams’ Champions Ducati Corse has unveiled its...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Ed Carpenter to contest 23rd Indianapolis 500
Owner of the Ed Carpenter Racing IndyCar team Ed Carpenter will race in...
7h ago from MotorsportWeek.c...
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
5d ago from MotorsportWeek.c...
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
5d ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier still has motivation “to go for...
No description available...
16h ago from Motorsport.com
Sebastien Loeb after 13 Dakar punctures: Cars now...
No description available...
2d ago from Motorsport.com
Dakar 2026: Dacia edges Ford and Toyota as Nasser...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'Probably…' – Mikel Arteta appears to...
Arsenal manager Mikel Arteta has seemingly confirmed that Ethan Nwaneri is...
23m ago from CaughtOffside.com
Arsenal latest: Who should start up front for the...
No description available...
53m ago from SkySports.com
Inter Milan 1-3 Arsenal: Gunners get their strikers...
Match report – Player ratings – Arteta reaction – Quotes...
13m ago from Arseblog.com
'He brings something very special to the team' - Mikel...
Arsenal manager Mikel Arteta has praised under-fire striker Viktor...
1h ago from SportsKeeda.com
Comments
Hottest News
Helmut Marko reacts to staggering Sergio Perez Red Bull...
Sergio Perez recently hit out at Red Bull on a... Read More »
43m ago from RacingNews365.com
F1 News Today: Ferrari make Lewis Hamilton move as fans...
Ferrari have reportedly moved to make a change to... Read More »
1h ago from GPFans.com
Key issue raised behind potential Max Verstappen-Mercedes...
Max Verstappen's future has been much discussed... Read More »
1h ago from RacingNews365.com
