News Details
FIA approves Liberty Media F1 takeover
– The FIA, motorsport's governing body, has approved the takeover of Formula 1 by Liberty Media, following an extraordinary meeting of the World Motor Sport Council in Geneva on Wednesday.Liberty Media took on an initial 18.7 per cent stake in Delta Topco, Formula 1's parent company, in 2016, and announced its intentions to acquire 100 per cent of the shares.On Tuesday, Liberty Media's proposition was rubber-stamped by its own stakeholders, though it still required the approval of the FIA, which has now been granted."During the meeting, the representatives of the prospective new owner made a detailed presentation of their strategy," read a statement issued by the WMSC on...
Full Story »
Full Story »
8y ago from GPUpdate.net
0
You May Also Be Interested In...
World Motor Sport Council to debate Liberty's F1...
XPB Images
The World Motor Sport Council will convene an...
8y ago from F1i.com
Liberty Media stockholders approve proposals for F1...
Liberty Media has crept closer to its takeover of Formula 1 after...
8y ago from MotorsportWeek.com
Liberty Media shareholders approve F1 takeover
Liberty Media Corp announced that its shareholders voted to approve...
8y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Kevin Schwantz: “I see myself reflected in Marc...
No description available...
17h ago from Motorsport.com
Fermin Aldeguer suffers fracture in MotoGP training...
No description available...
19h ago from Motorsport.com
Marc Marquez to make Ducati return in private Valencia...
No description available...
1d ago from Motorsport.com
Pushing aero to the limit: The evolution of winglets...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
19h ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
19h ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
1d ago from Motorsport.com
McLaughlin set to have new spotter for 2026 IndyCar...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 5: Ford strikes back to win but...
No description available...
23h ago from Motorsport.com
Hyundai postpones Thierry Neuville's Monte Carlo test...
No description available...
20h ago from Motorsport.com
Toyota reveals new-look WEC Hypercar for 2026 amid...
No description available...
1d ago from Motorsport.com
Why defending champion Yazeed Al-Rajhi retired from...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal make phone call to enquire about signing...
Arsenal have initiated a fresh move to sign Romeo Ritter from Borussia...
1h ago from SportsKeeda.com
'Take a red card': Gary Neville states what Liverpool...
Liverpool and Arsenal played out a goalless draw in the Premier League...
1h ago from CaughtOffside.com
Arsenal 0-0 Liverpool: Sub-par second half causes...
Match report – Player ratings – Arteta reaction It's perhaps...
2h ago from Arseblog.com
Piers Morgan names Arsenal star he’s worried about...
British broadcaster Piers Morgan has raised concerns about striker Viktor...
1h ago from SportsKeeda.com
Comments
Hottest News
Christian Horner talks 'underway' over F1 team purchase -...
Another F1 team is reportedly in talks with... Read More »
2h ago from GPFans.com
Aston Martin reveals a ‘good understanding' of its F1...
Aston Martin believes they have a strong... Read More »
34m ago from MotorsportWeek.com
Shareholder’s clause could delay Horner’s F1 comeback
The Formula 1 paddock is rarely a place of quiet... Read More »
1h ago from F1i.com
