News Details
FIA approve Liberty Media takeover of Formula 1
Formula One's governing body gave its approval on Wednesday to CVC Capital Partners' sale of the sport's commercial rights to Liberty Media. The International Automobile Federation (FIA) said in a statement that its World Motor Sport Council had unanimously approved the change of control at an extraordinary meeting in Geneva. 'Liberty, Formula One Group and the FIA intend to collaborate to create a constructive relationship that will ensure the continued success and the development of the FIA Formula One World Championship in the long term,' it said. Liberty Media, controlled by U.S. cable mogul John Malone, took control of the sport in September in a deal valued at $8 billion.
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
FIA approves Liberty Media's acquisition of Formula 1
The FIA has approved the acquisition of Formula 1 by Liberty Media...
9y ago from MotorsportWeek.com
Liberty Media stockholders approve proposals for F1...
Liberty Media has crept closer to its takeover of Formula 1 after...
9y ago from MotorsportWeek.com
World Motor Sport Council to debate Liberty's F1...
XPB Images
The World Motor Sport Council will convene an...
9y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia boss on calming Marco Bezzecchi: ‘He’s...
No description available...
3h ago from Motorsport.com
Jerez hosts three days of private MotoGP testing with...
No description available...
13m ago from Motorsport.com
Pedro Acosta leads MotoGP standings after opener –...
No description available...
1d ago from Motorsport.com
How Raul Fernandez is chasing his next MotoGP contract
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
David Malukas’ Penske poise earns accolades from...
After just two races with Team Penske under his belt, David Malukas is...
33m ago from MotorsportWeek.c...
Pit stop mishap hinders Mick Schumacher in oval debut
No description available...
23h ago from Motorsport.com
Complete IndyCar championship standings after Phoenix
No description available...
1d ago from Motorsport.com
Single-car pole qualifying announced for inaugural...
The NTT IndyCar Series has made an adjustment to the qualifying...
21h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Hyundai WRC team is "working at 120 per...
No description available...
3d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
6d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Gabriel Martinelli reveals what gives Arsenal...
Gabriel Martinelli has opened up about Arsenal's pursuit of their maiden...
1h ago from SportsKeeda.com
Why do so many people want Arsenal to fail in the...
leaders haven’t won the title in more than 20 years. Yet very few...
33m ago from TheGuardian.com
Arsenal latest: Rooney tells Arteta and Gunners to...
No description available...
2h ago from SkySports.com
Arsenal considering loan move for English defender...
Arsenal are reportedly weighing up the possibility of sending young...
3h ago from CaughtOffside.com
Comments
Hottest News
F1MATHS: Telemetry shows where Mercedes' enormous advantage...
The first qualifying session of the 2026 Formula... Read More »
8h ago from F1Technical.net
Mercedes end 42-year F1 drought
On this day, March 9, in 1997, Mercedes-Benz won... Read More »
53m ago from RacingNews365.com
FIA teases ‘ace up our sleeves' in regard to F1...
FIA single-seater director Nikolas Tombazis has... Read More »
1h ago from MotorsportWeek.com
