News Details
Teams reject opportunity to buy F1 shares
Teams have rejected the opportunity to invest in the F1 business after the deadline imposed by Liberty Media expired. When the final purchase by Liberty went through in January the teams were given six months to take up an offer to buy shares that were set aside for them, and that opportunity has now passed. A Liberty spokeswoman confirmed to Motorsport.com that none of the current teams offered shares took up the offer. However, Liberty says that it may give the teams further chances to invest in the future. In a statement, the company said said that "the investment opportunity offered to Formula 1 teams to purchase up to approximately 19 million shares of Series C Formula One common...
Full Story »
Full Story »
7y ago from Motorsport.com
0
You May Also Be Interested In...
Sainz plays down chances of Hungary team switch
Carlos Sainz has now joined those playing down his chances of switching...
7y ago from ThisIsF1.com
Honda to Continue with Current Engine Design into 2019
Yusuke Hasegawa has confirmed there will be no return to the drawing board...
7y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
Enea Bastianini in, Franco Morbidelli out for MotoGP...
No description available...
9h ago from Motorsport.com
Marco Bezzecchi reveals cause of ‘disappointing’...
Marco Bezzecchi revealed “braking more softly” may have been the...
12h ago from MotorsportWeek.c...
What riders are back on the MotoGP grid for Czech GP?
No description available...
1d ago from Motorsport.com
German GP signs deal to remain on MotoGP calendar...
The organisers of the German GP have announced that the race will remain...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Taylor Barnard rejected McLaren IndyCar and WEC offers...
Taylor Barnard has turned down the chance to race for Arrow McLaren in...
6h ago from MotorsportWeek.c...
IndyCar Iowa – Race 1 Results
The first race of IndyCar’s double-header weekend from Iowa Speedway...
5h ago from MotorsportWeek.c...
Ed Carpenter Racing announces new Westfield...
No description available...
1d ago from Motorsport.com
Why it isn’t “unrealistic” for Alex Palou to...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Franco Colapinto is still fighting Alpine’s...
No description available...
7h ago from Motorsport.com
How Driver Lounge plans to deliver ultimate Schumacher...
No description available...
11h ago from Motorsport.com
Sudden failure forces Adrien Fourmaux out of Rally...
No description available...
7h ago from Motorsport.com
Rally Portugal criticism forces WRC, FIA to rethink...
No description available...
7h ago from Motorsport.com
Popular On GunnersToday.com
Surprise PL club interested in signing player wanted...
Wolverhampton Wanderers are reportedly planning a summer raid for Real...
3h ago from SportsKeeda.com
Crystal Palace open to cash plus swap deal offer with...
Crystal Palace are reportedly open to a cash plus player bid for Arsenal...
4h ago from SportsKeeda.com
Chelsea hold fresh talks with player linked with a...
Chelsea have commenced steps to hijack Arsenal's move for Crystal Palace...
7h ago from SportsKeeda.com
Arsenal hold serious talks to sign Bayern Munich star...
According to German media outlet Bild (via Metro), Arsenal are considering...
6h ago from SportsKeeda.com
Comments
Hottest News
Christian Horner's HEARTBREAKING response to which F1 team...
Axed Red Bull team principal Christian Horner... Read More »
6h ago from GPFans.com
F1 star Yuki Tsunoda asks fans for HELP in social media plea
Red Bull F1 star Yuki Tsunoda has asked fans for... Read More »
2h ago from GPFans.com
Lewis Hamilton can FINALLY get elbows out for Ferrari at...
Lewis Hamilton is not meant to finish P4. The... Read More »
5h ago from GPFans.com
