News Details
Bernie sells to ‘media tycoon' in $6.4bn deal
Sky news has confirmed reports that American media tycoon John Malone is finalising a take over of Formula 1 in a record $6.4bn deal… Reports have said the initial deal was made to sell CVC Capital Partners' majority shares to Mr Malone which he will then bring under his umbrella group, Limited Media Group. This means that for the first time, Formula 1 will see a public listing under the tracking name ‘Limited Media Group'. The deal is set to net Bernie an impressive £400m. But it still remains unclear what will happen to the infamous sport. The news has taken mixed reviews from fans and teams alike, with many arguing it should help to increase...
Full Story »
Full Story »
You May Also Be Interested In...
Ecclestone not sure he wants to stick around after F1...
Bernie Ecclestone is not committing to his current role in charge of...
9y ago from GrandPrix247.com
Ecclestone not committing to post-sale F1
Bernie Ecclestone is not committing to his current role in charge of F1 if...
9y ago from ThisIsF1.com
Ecclestone overseeing sale of F1 to US firm Liberty...
Formula One commercial chief Bernie Ecclestone said Wednesday he is...
9y ago from F1Pulse.com
John Malone's Liberty Media buys F1
John Malone's Liberty Media announced on Wednesday it will buy Formula One.
9y ago from SuperSport.com
Elsewhere On The Network
Popular On MGPToday.com
Is Alex Marquez’s Jerez MotoGP breakthrough real or...
No description available...
1d ago from Motorsport.com
Should there be a tear-off rule following Marco...
No description available...
3d ago from Motorsport.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
2d ago from MotorsportWeek.c...
Mick Schumacher shares injury update after breaking...
No description available...
4d ago from Motorsport.com
Zanardi: The man whose name is a synonym for “hero”
No description available...
1d ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Hyundai’s WRC season “really starts” at...
No description available...
3h ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
5d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
4d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Ahead of crucial Atletico Madrid face off in UEFA...
Four Arsenal players have reportedly missed first-team training ahead of...
3h ago from SportsKeeda.com
“It’s a horrible one” - Gary Neville names...
Manchester United legend Gary Neville has named the one fixture in which...
2h ago from SportsKeeda.com
Viktor Gyökeres has scored 21 goals this season. He...
y Alexis Sánchez and Thierry Henry have had more prolific first seasons...
2h ago from TheGuardian.com
Premier League: talking points from the weekend’s...
e Slot is fuming, Mikel Arteta’s big risk pays off and Josh Dasilva...
2h ago from TheGuardian.com
Comments
Hottest News
Fernando Alonso outlines fresh Aston Martin problem as...
Aston Martin has gotten on top of its vibrations... Read More »
1h ago from RacingNews365.com
F1 star Carlos Sainz addresses Williams future at Miami...
From podiums to P9, Williams' decline has been... Read More »
2h ago from GPFans.com
F1 boss admits failings over 'painful' 2026 car struggle
Williams F1 team principal James Vowles has... Read More »
1h ago from GPFans.com
