News Details
Liberty Media raises $1.55bn to support Formula 1 takeover
Liberty Media has announced that it has come to an agreement with various third-party investors to raise $1.55 billion (£1.22bn) in funding to support its purchase of Formula 1. The American media conglomerate has already paid just under $1bn for an 18.7 per cent stake in F1's parent company Delta Topco this September and is looking to acquire the remaining 81.3 per cent to give it a majority shareholding in the sport. It's expected a deal to acquire the remainder of Delta Topco will be completed in the first quarter of 2017 – pending a shareholder vote in January – and this latest round of investment from a number of third-party investors has boosted Liberty...
Full Story »
Full Story »
9y ago from GrandPrixTimes.com
0
You May Also Be Interested In...
Liberty Media shareholders set for January vote on F1...
Liberty Media shareholders will vote on whether or not the media...
9y ago from GrandPrixTimes.com
Liberty agrees $1.55bn deal with investors for F1...
Liberty Media has announced an agreement with third-party investors to...
9y ago from Motorsport.com
Liberty Media to raise $1.55 billion to fund Formula 1...
Liberty Media Corp (LMCA.O), led by U.S. cable mogul John Malone, said on...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati: Resurgent Francesco Bagnaia back to his...
No description available...
6h ago from Motorsport.com
Francesco Bagnaia rediscovers his ‘feeling' on...
Francesco Bagania has admitted he's rediscovered his feeling with the...
6h ago from MotorsportWeek.c...
Why Toprak Razgatlioglu is slower than he expected
No description available...
9h ago from Motorsport.com
Ducati still favourite after MotoGP Sepang test, but...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood: Andretti “not too far off” from...
No description available...
4h 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...
4d ago from MotorsportWeek.c...
Zak Brown “would love” Indy 500 reunion with...
No description available...
4d ago from Motorsport.com
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
More than 10 tuners interested in joining WRC under...
No description available...
2w 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...
5h ago from SportsKeeda.com
Arsecast Extra Episode 680 – 09.02.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
6h ago from Arseblog.com
Martin Keown shares theory on why Man City winning...
Former Arsenal centre-back Martin Keown explained why Manchester City's...
6h ago from SportsKeeda.com
“How they feel is how they feel” - Marc Guehi...
Manchester City centre-back Marc Guehi shared his thoughts about getting...
10h ago from SportsKeeda.com
Comments
Hottest News
Ferrari F1 star Charles Leclerc joins Lady Gaga in...
Ferrari F1 star Charles Leclerc has been spotted... Read More »
54m ago from GPFans.com
LIVE: Aston Martin 2026 F1 livery reveal
Watch the live unveiling of Aston Martin's livery... Read More »
2h ago from RacingNews365.com
Aston Martin 2026 F1 livery revealed - first images
Check out the new Aston Martin livery for the... Read More »
1h ago from RacingNews365.com
