News Details
Liberty not in F1 to ‘take the money’ - Carey
©Wri2
Formula One Group’s new chairman Chase Carey insists Liberty Media’s purchase of the sport is not solely aimed at “taking the money”. John Malone’s mass media conglomerate recently agreed to acquire Delta Topco - Formula One's parent company - in a deal that values the sport at $8bn (£6bn). Liberty has placed 21st Century Fox vice-chairman Carey as chairman alongside long-standing F1 supremo Bernie Ecclestone, who continues as CEO. Liberty will replace CVC Capital Partners as majority shareholders, though the private equity firm will remain involved as “65% owners of the Formula One Group's equity”. F1 has been very profitable to CVC since it took a 35% controlling...
Full Story »
Full Story »
You May Also Be Interested In...
New F1 chairman Chase Carey in meetings without...
New F1 chairman Chase Carey in meetings without Ecclestone When asked...
9y ago from ThisIsF1.com
Carey: Formula 1 cannot be a dictatorship
Formula One cannot be run like a dictatorship, even if many people in the...
9y ago from GrandPrix247.com
Enter Chase Carey the new main man of Formula 1
Chase Carey is the man entrusted to lead Liberty Media's substantial...
9y ago from GrandPrix247.com
New F1 boss Chase Carey teases US expansion
New Formula 1 Chairman Chase Carey has indicated it is his intention to...
9y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia rediscovers his ‘feeling' on...
Francesco Bagania has admitted he's rediscovered his feeling with the...
10h ago from MotorsportWeek.c...
Ducati: Resurgent Francesco Bagnaia back to his...
No description available...
11h ago from Motorsport.com
Why Toprak Razgatlioglu is slower than he expected
No description available...
13h ago from Motorsport.com
Ducati still favourite after MotoGP Sepang test, but...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Sebring test Day 1: Alex Palou tops the speed...
No description available...
1h ago from Motorsport.com
Kyle Kirkwood: Andretti “not too far off” from...
No description available...
8h ago from Motorsport.com
McLaren eyes Fernando Alonso reunion to complete...
Zak Brown has said he will "continue to bug" Fernando Alonso to...
2d ago from MotorsportWeek.c...
Arrow McLaren unveils liveries for 2026 IndyCar...
Arrow McLaren has taken the wraps off its trio of challengers for the...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
4d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
6d ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Paul Merson predicts Brentford vs Arsenal and other...
That was an incredible end to Liverpool vs Manchester City in the Premier...
9h ago from SportsKeeda.com
Martin Keown shares theory on why Man City winning...
Former Arsenal centre-back Martin Keown explained why Manchester City's...
10h ago from SportsKeeda.com
Arsecast Extra Episode 680 – 09.02.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
10h ago from Arseblog.com
“How they feel is how they feel” - Marc Guehi...
Manchester City centre-back Marc Guehi shared his thoughts about getting...
14h ago from SportsKeeda.com
Comments
Hottest News
Andy Cowell set to depart Aston Martin in 2026 –...
Andy Cowell looks set to depart Aston Martin... Read More »
4h ago from MotorsportWeek.com
Aston Martin 2026 F1 livery revealed - first images
Check out the new Aston Martin livery for the... Read More »
5h ago from RacingNews365.com
Hollywood director Michael Bay suing Cadillac Formula 1...
Cadillac Formula 1 CEO Dan Towriss hoped for an... Read More »
3h ago from GrandPrix247.com
