News Details
Taking a Liberty?
To judge by some people's reaction you would have thought that the purchase of Formula One shares by Liberty Media was akin to the reappearance of Zeus on Olympus. First of all, Liberty has not bought a controlling interest, CVC Capital Partners have been holders of the largest block of shares, but that has been just 35.5 per-cent of the total issue. Their control depended on the shares owned by Bernie Ecclestone himself and by Bambino Holdings Ltd, the trust fund set up for his daughters. The sale to Liberty Media has been welcomed mainly because Liberty is not CVC which has used F1 as a milch cow while putting back not a penny. It is an equity fund and that is how they work. It exists to...
Full Story »
Full Story »
9y ago from Pitpass.com
0
You May Also Be Interested In...
Boullier: We don't know what Liberty Media has for F1
Following the purchase of Formula 1 by Liberty Media, McLaren racing...
9y ago from PlanetF1.com
Liberty eyeing gambling as future growth area for F1
Liberty Media's Greg Maffei has revealed the areas F1's new owners are...
9y ago from Pitpass.com
Liberty eyeing gambling as one future growth area for...
Liberty Media's Greg Maffei has revealed the areas F1's new owners are...
9y ago from Pitpass.com
Liberty sees new reality in F1 future
Formula One may be at the cutting edge of technology on track, but new...
9y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Who crashed the most during the 2025 MotoGP season?
No description available...
1h ago from Motorsport.com
Ai Ogura: Fifth on MotoGP debut “kills me” after...
No description available...
23h ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
3d ago from MotorsportWeek.c...
Maverick Vinales “mentally stronger” than ever...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi Racing lands new sponsor for Kyffin...
Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...
22h ago from MotorsportWeek.c...
Sunoco makes full-time IndyCar return as primary...
No description available...
23h ago from Motorsport.com
IndyCar announces independent officiating system
The NTT IndyCar Series announced on Thursday that it will implement a new...
1d ago from MotorsportWeek.c...
IndyCar to introduce independent officiating system
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Lancia reveals driver line-up for 2026 WRC return
No description available...
1d ago from Motorsport.com
FIA reveals final details of WRC 2027 regulations
No description available...
3d ago from Motorsport.com
What Adrien Fourmaux and Oliver Solberg learned from...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arteta calls for for focus and ‘full gas' ahead...
Good morning from London. We're in Premier League action this evening,...
5h ago from Arseblog.com
“Chat GPT cow you can’t remember when you won a...
Former England cricketer Kevin Pietersen has fired back at an Arsenal fan...
8h ago from SportsKeeda.com
'A big problem' – Mikel Arteta fires warning to...
Arsenal manager Mikel Arteta has fired a clear warning to any of his...
16h ago from CaughtOffside.com
Arsenal vs Wolverhampton Wanderers Prediction and...
The Premier League is back in action with another set of matches this...
20h ago from SportsKeeda.com
Comments
Hottest News
Schumacher claims Red Bull have found BOMBSHELL Helmut...
Sky Germany pundit and former F1 racer Ralf... Read More »
5h ago from GPFans.com
'Not good enough!' F1 Fans fume at Ferrari despite finally...
Ferrari were crowned pit stop champions at the... Read More »
1h ago from GPFans.com
F1: Norris receives his trophy
2025 Formula One World Champion, Lando Norris was... Read More »
1h ago from Pitpass.com
