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
MotoGP completes investigation into Brazilian GP...
No description available...
11h ago from Motorsport.com
Maverick Vinales and Jorge Lorenzo's partnership cools...
No description available...
16h ago from Motorsport.com
Jorge Martin: Brazilian MotoGP podium ‘feels...
Jorge Martin admits that his double podium from the Brazilian MotoGP...
15h ago from MotorsportWeek.c...
Ducati: “We can’t always rely on Marc Marquez to...
No description available...
20h ago from Motorsport.com
Popular On IndyCarToday.com
Will Power compares ‘military-like’ Andretti to...
When Will Power signed a contract to join Andretti Global for the 2026...
9h ago from MotorsportWeek.c...
Will Power: “You cannot have a weakness” going...
No description available...
9h ago from Motorsport.com
Carb day concert line-up announced for Indy 500
Indianapolis Motor Speedway has announced which bands will be playing on...
15h 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...
3d 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
Arsenal's Eze suffers injury set-back just as he was...
Arsenal's Eberechi Eze is set to miss several weeks because of a calf...
8h ago from SkySports.com
Man United draw up four-man shortlist including...
Manchester United are interested in signing the highly-rated Arsenal...
9h ago from CaughtOffside.com
Eberechi Eze injury: The key Arsenal games he will...
Eberechi Eze has suffered an injury which comes as a major blow for...
11h ago from CaughtOffside.com
Paul Merson makes prediction about Arsenal facing...
Premier League legend Paul Merson has questioned whether Arsenal can beat...
17h ago from SportsKeeda.com
Comments
Hottest News
Oscar Piastri issues major 'unintended consequences' F1...
Oscar Piastri believes small changes could have... Read More »
44m ago from RacingNews365.com
Alonso set ot sit out the opening practice in Japan
Aston Martin has announced that Third Driver Jak... Read More »
3h ago from F1Technical.net
Aston Martin set for more F1 pain as Honda issue official...
Aston Martin appear set to endure another weekend... Read More »
9h ago from GPFans.com
