News Details
Done deal as Liberty Media now owns Formula 1
Press Release: Liberty Media Corporation and CVC Capital Partners announced today that Liberty Media has agreed to acquire Formula One, the iconic global motorsports business, from a consortium of sellers led by CVC. Liberty Media owns interests in a broad range of media, communications and entertainment businesses. Those interests are attributed to three tracking stock groups: the Liberty SiriusXM Group, the Liberty Braves Group, and the Liberty Media Group. The consideration comprises cash and newly issued shares in the Liberty Media Group tracking stock (LMCK) and a debt instrument exchangeable into shares of LMCK. The transaction price represents an enterprise value for Formula One of...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media Corporation Agrees to Acquire Formula...
Liberty Media Corporation earlier today confirmed the agreement to...
8y ago from JWGrandPrix.com
F1 has been sold; Liberty Media new owners
F1 News F1 has been sold; Liberty Media new owners Only 3 years left for...
8y ago from Formula1Blog.com
Liberty Media agrees to acquire Formula 1
– American entertainment company Liberty Media has announced plans...
8y ago from GPUpdate.net
Liberty Media agrees to purchase F1
XPB Images
Liberty Media has agreed to purchase Formula One...
8y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez pips Francesco Bagnaia to Mugello MotoGP...
Marc Marquez pipped his factory Ducati team-mate Francesco Bagnaia to...
2h ago from MotorsportWeek.c...
Maverick Vinales tops final Mugello MotoGP practice
Tech3 KTM rider Maverick Vinales topped the charts for the second time,...
3h ago from MotorsportWeek.c...
MotoGP Italian GP: Marc Marquez pips Francesco Bagnaia...
No description available...
2h ago from Motorsport.com
How to watch the MotoGP Italian Grand Prix at Mugello
No description available...
33m ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood blasts to top in IndyCar practice from...
After finishing the season’s first short oval under the lights on...
13h ago from MotorsportWeek.c...
Michael Cannon already strengthening DCR team –...
Rinus VeeKay is already noticing the impact engineer Michael Cannon is...
17h ago from MotorsportWeek.c...
Arrow McLaren apologises for Nolan Siegel’s explicit...
No description available...
1d ago from Motorsport.com
Nolan Siegel apologizes for profanity-filled radio rant
Arrow McLaren driver Nolan Siegel has apologized for what he said over...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
2d ago from MotorsportWeek.c...
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal initiate move to sign playmaker regarded as a...
Arsenal are interested in signing the Paris Saint-Germain midfielder...
4h ago from CaughtOffside.com
Arsenal could launch surprise move for 31-year-old...
Arsenal could reportedly launch a move for Brentford midfielder Christian...
3h ago from SportsKeeda.com
'Should have won a few' - Louis Saha names player who...
Louis Saha has named Thierry Henry as the player who should have won more...
3h ago from SportsKeeda.com
‘Nightmare' Premier League winger would prefer...
Newcastle United winger Anthony Gordon has reportedly made it clear he...
6h ago from CaughtOffside.com
Comments
Hottest News
How Canadian GP exposed another ‘hole' in the F1...
The ground effect era of F1 has had its fair... Read More »
2h ago from MotorsportWeek.com
F1 movie TRASHED by the BBC in brutal review
The much-hyped F1 movie got pretty positive... Read More »
2h ago from GPFans.com
Hamilton leaves Leclerc SCARED after driving Ferrari's...
Lewis Hamilton's driving appeared to terrify... Read More »
1h ago from GPFans.com
