News Details
Formula 1 poised for takeover by USA media conglomerate
Speculation is mounting that Formula 1 is about to be revamped by a U.S. corporate takeover that could bring new life and a higher profile for a sport that is struggling to attract new fans. Media reports suggest that F1's largest and controlling shareholder, the hedge fund CVC Capital Partners, is preparing to sell the business to U.S. media conglomerate Liberty Media for around $8.5 billion; more than four times CVC's original outlay in 2006. At last weekend's Italian Grand Prix, Formula One's commercial boss Bernie Ecclestone met with CVC co-chairman Donald Mackenzie, whose rare appearance in the paddock fueled speculation of an imminent deal. When speaking at Monza, however, the...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media F1 takeover could be days away
Formula 1 sale's to Liberty Media is on the verge of being completed, with...
9y ago from Motorsport.com
Agag: “I know nothing about” F1 takeover
Formula E CEO Alejandro Agag denies being approached to replace Bernie...
9y ago from FormulaSpy.com
Dithering may have cost Button a Williams seat
Although many reckon Thursday's announced that Felipe Massa is quitting...
9y ago from PlanetF1.com
Marko says Gasly to oust Kvyat reports are nonsense
Red Bull advisor Helmut Marko has slammed reports that Pierre Gasly is...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez on fairytale Honda return: “It’s more...
No description available...
13h ago from Motorsport.com
Marc Marquez assesses his Ducati future beyond 2026...
Nine-time MotoGP champion Marc Marquez will be a key figure in the rider...
1d ago from MotorsportWeek.c...
MotoGP 2026: Team launches and pre-season testing...
No description available...
1d ago from Motorsport.com
Aleix Espargaro quits pro cycling after injuries...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: A wishlist for the 2026 IndyCar season
No description available...
12h ago from Motorsport.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
2d ago from MotorsportWeek.c...
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
3d ago from Motorsport.com
Top five memorable drives of the 2025 IndyCar season
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Juan Cruz Yacopini to miss 2026 Dakar Rally after sea...
No description available...
20h ago from Motorsport.com
These are leading contenders for the 2026 Dakar Rally
No description available...
19h ago from Motorsport.com
Sebastien Ogier pays tribute to WRC rival that...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta explains the real reason he's dropped...
Arsenal manager Mikel Arteta has now opened up on the situation of...
8h ago from CaughtOffside.com
Bournemouth vs Arsenal Prediction and Betting Tips |...
The Premier League returns to the fold with another set of matches this...
12h ago from SportsKeeda.com
‘Let’s break it’: Mikel Arteta urges leaders...
t;li>Side failed to win league last five times after being top on New...
18h ago from TheGuardian.com
'We will try…' – Mikel Arteta drops major...
Arsenal manager Mikel Arteta has dropped a clear hint that his club will...
20h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton and Ferrari image 'not as bad as people make...
It was a wretched first year for Lewis Hamilton... Read More »
1h ago from RacingNews365.com
F1 News Today: Max Verstappen team-mate plans unveiled as...
Red Bull F1 boss Laurent Mekies has revealed what... Read More »
20m ago from GPFans.com
Symonds slams F1’s 2026 power unit: ‘We ended up with a...
Formula 1’s upcoming 2026 power units have... Read More »
18h ago from F1i.com
