News Details

Liberty Media expects teams to buy into F1

Liberty Media expects teams to buy into F1 Formula 1 teams are expressing interest in buying into the sport, Liberty Media CEO Greg Maffei has revealed. As Liberty moved to take over from majority owner CVC, it emerged that the teams had been invited to consider becoming co-owners. 'We obviously … went to meet with the teams and I think as has been mentioned we have expectations that they will become owners in formula one primarily through the placement of some of the shares to the CVC Group to them,' Maffei said during an investor meeting this week. Writing in Forbes, F1 business journalist Christian Sylt explained that Liberty is offering the shares to CVC as payment for the...
Full Story »
9y ago from ThisIsF1.com 0
Share

You May Also Be Interested In...

Liberty Media's takeover faces anti-competition...

The UK's Competition and Markets Authority (CMA) is...
9y ago from GrandPrixTimes.com

Liberty Media take bigger bite of F1 pasty

F1 News Liberty Media take bigger bite of F1 pasty Toto says Mercedes has...
9y ago from Formula1Blog.com

Liberty Media want F1 internet streaming service

Liberty Media are keen to introduce a direct-to-consumer web based...
9y ago from GrandPrix247.com

Liberty Media increases stake in F1

Liberty Media has bought a further 0.4% stake in F1, increasing its...
9y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Romain Grosjean returns to IndyCar with full time seat...

Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...

Honda confirms early discussions for 2028 factory...

Honda, one of two engine manufacturers that supply IndyCar, has confirmed...

Popular On TotalWRC.com

Elfyn Evans wins Swedish showdown

Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...

Popular On GunnersToday.com

'Ruins my mood every time I watch him', 'Simply just a...

Fans reacted to the performance of striker Viktor Gyokeres in Arsenal's...
15m ago from SportsKeeda.com

Arsenal outclass and overwhelm Wigan in dominant FA...

Arsenal dispatched Wigan with ease to progress into the fifth round of the...
1h ago from SkySports.com

'Cracking save to make up for the mistake' | Raya...

David Raya made a poor throw out to Mathias Jensen which caused immediate...
4h ago from SkySports.com

'Now is your time', 'Can't believe my eyes' - Arsenal...

Arsenal fans have reacted to Myles Lewis-Skelly’s inclusion in the...
3h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.