News Details
British MEP draws EU's attention to Liberty's F1 purchase
British MEP Anneliese Dodds has written to EU Commissioner for Competition Margrethe Vestager regarding Liberty Media’s purchase of the F1 Group. Dodds is keen to point out that there is a potential conflict of interest as the FIA has to approve the sale while itself holding a 1 percent stake in the business, estimated to be worth £33m, meaning that it will profit from the deal going ahead. A statement from her office today said: "The 1999-2001 European Commission investigation into Formula 1 was supposed to result in the FIA being limited to the role of regulator with no commercial interests in order to avoid any conflict of interest. "Yet the current state of affairs – with...
Full Story »
Full Story »
8y ago from Motorsport.com
0
You May Also Be Interested In...
European Commission urged to launch probe into F1 sale
It is little more than two weeks since Liberty Media announced its plan...
8y ago from Pitpass.com
European Commission could block F1 sale
As is often the case with the business of F1, the origin of the current...
8y ago from Pitpass.com
Wolff not worried about Liberty’s income plans
Wolff not worried about Liberty's income plans Mercedes team boss Toto...
8y ago from ThisIsF1.com
Bottas seatbelt issue under investigation
After Valtteri Bottas’ seatbelt came loose during the Singapore...
8y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Italian GP: Marc Marquez recovers from shocking...
No description available...
2h ago from Motorsport.com
Marc Marquez fights back to take victory in Mugello...
Marc Marquez was forced to fight back from fifth off the starting grid to...
2h ago from MotorsportWeek.c...
Marc Marquez pips Francesco Bagnaia to Mugello MotoGP...
Marc Marquez pipped his factory Ducati team-mate Francesco Bagnaia to...
6h ago from MotorsportWeek.c...
MotoGP Italian GP: Marc Marquez pips Francesco Bagnaia...
No description available...
6h 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...
17h ago from MotorsportWeek.c...
Michael Cannon already strengthening DCR team –...
Rinus VeeKay is already noticing the impact engineer Michael Cannon is...
21h ago from MotorsportWeek.c...
Arrow McLaren apologises for Nolan Siegel’s explicit...
No description available...
2d 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...
3d 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
“At one point we almost had no players” - Jurrien...
Jurrien Timber is expecting a busy transfer window for Arsenal, with the...
3h ago from SportsKeeda.com
Real Madrid ready to put Rodrygo and 3 other first...
Real Madrid are ready to offload Rodrygo Goes, Fran Garcia, Dani Ceballos,...
3h ago from SportsKeeda.com
Real Madrid Transfer News Roundup: Los Blancos turn...
Real Madrid are putting together final preparations ahead of their...
8h ago from SportsKeeda.com
Arsenal initiate move to sign playmaker regarded as a...
Arsenal are interested in signing the Paris Saint-Germain midfielder...
8h 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 »
6h ago from MotorsportWeek.com
Isack Hadjar makes unusual 'can't erase' claim after fiery...
Isack Hadjar has been one of the stars of the... Read More »
2h ago from RacingNews365.com
Is Lando Norris an F1 champion-calibre driver?
Former F1 driver Robert Doornbos does not believe... Read More »
1h ago from RacingNews365.com
