News Details
Liberty Media stockholders approve proposals for F1 acquisition
Liberty Media has crept closer to its takeover of Formula 1 after stockholders voted in favour of its proposal to acquire the championship. American company Liberty announced its plans last September to purchase Delta Topco, the parent company of Formula 1, and initially took on an 18.7 per cent stake in a cash deal, valuing the brand at $8 billion. Liberty announced in December that it had agreed deals with third party investors to raise $1.55bn and that it had received the approval of antitrust authorities. Liberty still required the approval from its stockholders, who met on Tuesday to give the green light to the takeover. “The holders of its common stock entitled to vote thereat...
Full Story »
Full Story »
9y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Liberty Media stockholders approve F1 acquisition plan
Liberty Media's plans to take control of Formula 1 took a further 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
Shareholders agree to Liberty Media’s F1 takeover
A special shareholder meeting of US-based Liberty Media has given the...
9y ago from SpeedCafe.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
Elsewhere On The Network
Popular On MGPToday.com
Everything we know about Goiania Circuit –...
No description available...
16h ago from Motorsport.com
Heavy rain and flooding hits Autodromo Ayrton Senna...
No description available...
1d ago from Motorsport.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
1d ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
1d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
1d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
1d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC working to secure future of Safari Rally Kenya...
No description available...
22h ago from Motorsport.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
2d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Champions League quarter-finals in full: Can Arsenal...
Arsenal and Liverpool are the only two Premier League clubs to make it as...
36m ago from CaughtOffside.com
Sources: Arsenal among clubs who 'love' this...
Arsenal are among the clubs interested in an ambitious potential transfer...
1h ago from CaughtOffside.com
Will Arsenal captain Martin Odegaard make it to the...
Martin Odegaard has been missing in action for Arsenal in recent weeks,...
1h ago from CaughtOffside.com
England still in good position for fifth Champions...
England are still in a commanding position to secure a fifth Champions...
1h ago from SkySports.com
Comments
Hottest News
Japanese Grand Prix gets epic Mario Kart transformation...
F1's upcoming Japanese Grand Prix has been given... Read More »
46m ago from GPFans.com
Fred Vasseur not convinced new Formula 1 engine compression...
The Formula 1 grid was blindsided by Mercedes'... Read More »
3h ago from GrandPrix247.com
Is Max Verstappen right to continue his fierce criticism of...
Should Max Verstappen continue his very vocal... Read More »
56m ago from RacingNews365.com
