News Details
Sold to you! Liberty shareholders approve F1 buyout
XPB Images
Liberty Media says that its shareholders have voted to approve the buyout and takeover of Formula One. The process which took place at Tuesday's special meeting in Colorado included issuing new shares to fund the acquisition of the sport and rename its media group to 'Formula One Group'. The company, which already owned a 19.1 percent stake in F1, said in December it would raise $1.55 billion from investors to help deliver the cash portion of the transaction. Liberty could save the British GP, says BRDC chairman US media tycoon and Liberty Media Chairman John Malone said: "The closing of the acquisition remains conditioned upon approval from the FIA, the...
Full Story »
Full Story »
You May Also Be Interested In...
WMSC to meet to discuss Liberty takeover
The FIA's World Motor Sport Council will meet later this month to discuss...
9y ago from PlanetF1.com
FIA calls WMSC meeting as Liberty’s F1 takeover...
Liberty Media's plans to take control of Formula 1 could take a big step...
9y ago from Motorsport.com
Liberty Media take big step toward final acquisition...
F1 News Liberty Media take big step toward final acquisition of F1 A...
9y ago from Formula1Blog.com
F1 teams given option to purchase shares by Liberty...
Formula 1 teams are to be given the option to purchase a stake in the...
9y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
VR46 looking for mix of experience and youth in 2027...
No description available...
11h ago from Motorsport.com
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
19h ago from Motorsport.com
MotoGP announces Qatar round postponed until November
MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...
1d ago from MotorsportWeek.c...
MotoGP postpones Qatar GP to November due to Middle...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood’s surprise lunge on Alex Palou...
Kyle Kirkwood took victory in the inaugural Grand Prix of Arlington on...
16h ago from MotorsportWeek.c...
Official race results: 2026 IndyCar Grand Prix of...
No description available...
1d ago from Motorsport.com
Rough and tumble weekend dampens Josef Newgarden’s...
Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
1d ago from MotorsportWeek.c...
Kirkwood "currently the biggest threat" to...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
12h ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
13h ago from Motorsport.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
1d ago from Motorsport.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Henry defends Arteta style: I don't have to like it,...
Arsenal legend Thierry Henry stepped in to defend the Gunners' style under...
5h ago from SkySports.com
Arsenal dealt injury setback before Leverkusen as...
Mikel Arteta has confirmed that Martin Odegaard and Jurrien Timber will...
6h ago from CaughtOffside.com
Max Dowman has inspired Arsenal in hunt for...
t;li>‘To be that precise, that’s something difficult to...
6h ago from TheGuardian.com
Arsenal could be handed unexpected financial boost as...
Arsenal could be set for a significant financial windfall as Serie A...
8h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin ‘are now looking for a new team principal’...
Aston Martin are now looking for a new team... Read More »
9h ago from GPFans.com
Aston Martin and Adrian Newey given massive F1 lifeline...
Aston Martin's car sucks. Read More »
16h ago from GPFans.com
Fernando Alonso takes drastic action to avoid injury from...
Fernando Alonso was forced into drastic action at... Read More »
6h ago from GPFans.com
