News Details
FIA unanimously approves Liberty Media's F1 takeover
Liberty Media's takeover of Formula 1 has been given the green-light after the FIA's World Motor Sport Council unanimously approved the deal. Last season Liberty Media took the first steps in taking control of Delta Topco Limited, F1's holding company, from CVC Capital Partners. Having purchased a 19.1 percent stake in the sport, the takeover then had to gain approval from the appropriate anti-trust authorities, which it did in December, before being ratified by the FIA. Representatives from the new owners, which will be renamed Formula One Group, made a detailed presentation of their strategy at a World Motor Sport Council meeting in Geneva on Wednesday. Members were then given the...
Full Story »
Full Story »
9y ago from PlanetF1.com
0
You May Also Be Interested In...
FIA approve Liberty Media takeover of Formula 1
Formula One's governing body gave its approval on Wednesday to CVC...
9y ago from GrandPrix247.com
FIA World Motor Sport Council approves F1 sale
The World Motorsport Council has unanimously approved the sale of F1 and...
9y ago from SpeedCafe.com
FIA approves Liberty Media's acquisition of Formula 1
The FIA has approved the acquisition of Formula 1 by Liberty Media...
9y ago from MotorsportWeek.com
FIA approves Liberty Media F1 takeover
– The FIA, motorsport's governing body, has approved the takeover...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Guenther Steiner: "You need to listen before you...
No description available...
6h ago from Motorsport.com
Fabio Quartararo admits he was “too optimistic”...
No description available...
7h ago from Motorsport.com
Marco Bezzecchi after record-breaking Thailand lap:...
No description available...
9h ago from Motorsport.com
Ducati “shouldn’t panic” if Marco Bezzeccchi...
No description available...
10h ago from Motorsport.com
Popular On IndyCarToday.com
Scott McLaughlin hustles to the top in opening IndyCar...
The NTT IndyCar Series returned to action Friday afternoon, completing...
1h ago from MotorsportWeek.c...
Scott Dixon crashes hard in opening practice for Grand...
No description available...
1h ago from Motorsport.com
Pato O'Ward: "I'm tired of IndyCar being like the...
No description available...
3h ago from Motorsport.com
New alternate tire strategy an unknown for several...
No description available...
3h ago from Motorsport.com
Popular On TotalWRC.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
1d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
2d ago from Motorsport.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Ex-Arsenal and Chelsea icon would be open to Tottenham...
Former Arsenal and Chelsea midfielder Cesc Fabregas is open to taking the...
1h ago from CaughtOffside.com
Rosenior has talent to be Chelsea’s answer to Arteta...
atility and unusual structure at Stamford Bridge leave club’s young...
1h ago from TheGuardian.com
'Then gaps will appear' - John Terry explains how...
Premier League Hall of Famer John Terry has told Chelsea how to get the...
3h ago from SportsKeeda.com
Arsenal sent strong 100 million message amid links...
Mikel Arteta's Arsenal have suffered a massive blow in their pursuit of...
3h ago from CaughtOffside.com
Comments
Hottest News
Honda find 'cause' of Aston Martin testing woes as McLaren...
Check out the biggest stories from Friday,... Read More »
53m ago from RacingNews365.com
Netflix to show F1 race LIVE for the first time ever
American streaming giants Netflix have announced... Read More »
53m ago from GPFans.com
Former McLaren F1 star issues statement after legal battle...
A settlement has been reached after a legal... Read More »
1h ago from GPFans.com
