News Details
Maffei: We expect teams will become owners in F1
Liberty Media chief executive Greg Maffei is counting on Formula 1 teams buying into the sport to help offset the $4.4 billion that is required to take total control from CVC. Since the announcement Liberty has always plugged the line that teams will be offered an opportunity to invest in the sport and Forbes report: 'Three shares have been designated as team shares and F1’s new chairman Chase Carey said that some of the teams have expressed an interest in investing. However, it wasn’t clear at the time who the teams would be buying the shares from or where the money would go. It is now.' Speaking at a Liberty investor meeting this week, Maffei said, 'We obviously also went to meet...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media expects teams to buy into F1
Liberty Media expects teams to buy into F1 Formula 1 teams are expressing...
9y ago from ThisIsF1.com
Liberty Media want F1 internet streaming service
Liberty Media are keen to introduce a direct-to-consumer web based...
9y ago from GrandPrix247.com
Liberty F1 deal facing UK anti-competition...
Liberty Media's planned acquisition of Formula 1 is to face an...
9y ago from Motorsport.com
UK government probes Liberty takeover of F1
The UK government's Competition and Markets Authority have announced on...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin on Aprilia's Brazil GP chances: 'We are a...
No description available...
2h ago from Motorsport.com
Fabio Quartararo explains how he pulled off Brazilian...
No description available...
6h ago from Motorsport.com
Why Marc Marquez is still not at 2025 MotoGP level...
No description available...
4h ago from Motorsport.com
MotoGP Brazilian GP: Marc Marquez scores comeback win...
No description available...
19h ago from Motorsport.com
Popular On IndyCarToday.com
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
15h ago from Motorsport.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
4d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
4d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
1d ago from Motorsport.com
Takamoto Katsuta breaks down in tears after...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Vital Arsenal duo out of Carabao Cup final as Arteta's...
Arsenal will be without key duo Eberechi Eze and Jurrien Timber for...
19m ago from CaughtOffside.com
'An iconic team' – Arsenal star drops major...
Arsenal defender Riccardo Calafiori has made it clear how happy he is with...
1h ago from CaughtOffside.com
Manchester City confirmed team to take on Arsenal,...
Manchester City's line up to take on Arsenal in the Carabao Cup final has...
9m ago from CaughtOffside.com
'Arsenal have the edge' | Neville backs gunners ahead...
Sky Sports' Gary Neville looks ahead to the League Cup final between...
1h ago from SkySports.com
Comments
Hottest News
Mercedes release official statement after disqualification...
Mercedes have released a statement after being... Read More »
4h ago from GPFans.com
'They should all be sacked': Aston Martin scolded for major...
Aston Martin's top F1 management have been... Read More »
3h ago from GPFans.com
Zak Brown summons F1 team to McLaren HQ as 2026 crisis...
Zak Brown's rallying cry reverberated throughout... Read More »
1h ago from GPFans.com
