News Details
Taking a Liberty?
To judge by some people's reaction you would have thought that the purchase of Formula One shares by Liberty Media was akin to the reappearance of Zeus on Olympus. First of all, Liberty has not bought a controlling interest, CVC Capital Partners have been holders of the largest block of shares, but that has been just 35.5 per-cent of the total issue. Their control depended on the shares owned by Bernie Ecclestone himself and by Bambino Holdings Ltd, the trust fund set up for his daughters. The sale to Liberty Media has been welcomed mainly because Liberty is not CVC which has used F1 as a milch cow while putting back not a penny. It is an equity fund and that is how they work. It exists to...
Full Story »
Full Story »
9y ago from Pitpass.com
0
You May Also Be Interested In...
Boullier: We don't know what Liberty Media has for F1
Following the purchase of Formula 1 by Liberty Media, McLaren racing...
9y ago from PlanetF1.com
Liberty eyeing gambling as future growth area for F1
Liberty Media's Greg Maffei has revealed the areas F1's new owners are...
9y ago from Pitpass.com
Liberty eyeing gambling as one future growth area for...
Liberty Media's Greg Maffei has revealed the areas F1's new owners are...
9y ago from Pitpass.com
Liberty sees new reality in F1 future
Formula One may be at the cutting edge of technology on track, but new...
9y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
F1 World Champion Lando Norris offered MotoGP...
F1 World Champion Lando Norris has been offered an opportunity to ride a...
8h ago from MotorsportWeek.c...
This is what the 2027 Honda MotoGP bike will be called
No description available...
9h ago from Motorsport.com
Francesco Bagnaia "struggled to accept" new...
No description available...
1d ago from Motorsport.com
Jorge Lorenzo: “Maverick Vinales has more talent and...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
5h ago from Motorsport.com
Momentum building for IndyCar’s inaugural Arlington...
No description available...
7h ago from Motorsport.com
Simpson hoping Sunoco partnership grows into...
No description available...
2d ago from Motorsport.com
Sunoco makes full-time IndyCar return as primary...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
FIA announces new constructor set to join WRC 2027
No description available...
13h ago from Motorsport.com
Jon Armstrong joins Josh McErlean in all-Irish M-Sport...
Christmas came early for Jon Armstrong and co-driver Shane Byrne when the...
16h ago from MotorsportWeek.c...
Jon Armstrong joins Josh McErlean in new M-Sport Ford...
No description available...
1d ago from Motorsport.com
Sebastien Loeb admits you “need some luck to win”...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal eyeing up move for 19-year-old star who...
Arsenal are reportedly monitoring Real Madrid defender Victor Valdepenas...
4h ago from SportsKeeda.com
Spurs vs Arsenal, Liverpool vs Man City live on Sky as...
Sky Sports has confirmed it will show 12 more Premier League fixtures live...
7h ago from SkySports.com
Arsenal reach 100 injuries since start of last season
Arsenal have now reached 100 different injuries since the start of...
11h ago from SkySports.com
Sources: Chelsea & Arsenal establish contact with...
Kenan Yildiz has rapidly emerged as one of the most talked-about young...
16h ago from CaughtOffside.com
Comments
Hottest News
Christian Horner linked with shock return as Max Verstappen...
Check out the biggest stories from Wednesday,... Read More »
2h ago from RacingNews365.com
Hilarious video emerges of Daniel Ricciardo insulting F1...
F1 has been missing a comedic influence since the... Read More »
2h ago from GPFans.com
Max Verstappen reveals new F1 driver number
Max Verstappen will be associated with a new... Read More »
3h ago from RacingNews365.com
