News Details
Formula One Group initiates board shake-up
©WRI2
Formula 1's new owners will begin management changes at the helm of the sport next week, starting with a complete shake-up of its board of directors. According to Sky Sports, all of the existing board members of F1's parent company will be replaced, with the exception of former chairman Peter Brabeck-Letmathe. Prominent figures such as WPP's Sir Martin Sorrell, former Unilever CFO Jean-Marc Huet and former Exxon Mobil Asia boss Chong Seng Kwa will no longer have any involvement with the sport's new commercials rights holder. CVC Capital Partner's Donald Mackenzie, who spearheaded the private equity company's lucrative investment in F1 in 2005, will remain a company director along...
Full Story »
Full Story »
You May Also Be Interested In...
FIA approves Liberty Media's acquisition of Formula 1
The FIA has approved the acquisition of Formula 1 by Liberty Media...
8y ago from MotorsportWeek.com
FIA approve Liberty Media takeover of Formula 1
Formula One's governing body gave its approval on Wednesday to CVC...
8y ago from GrandPrix247.com
Liberty Media shareholders approve F1 takeover
Liberty Media Corp announced that its shareholders voted to approve...
8y ago from GrandPrix247.com
FIA gives green light to Liberty Media for sale of...
FIA gives green light to Liberty Media for sale of Formula 1 The World...
8y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Fernando Alonso: No normal person could achieve what...
No description available...
17h ago from Motorsport.com
MotoGP breaks attendance records in 2025; only two...
No description available...
1d ago from Motorsport.com
Motorsport Week's Top 10 MotoGP riders of 2025
The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...
2d ago from MotorsportWeek.c...
22 MotoGP rounds are “too many for the body”,...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
1w ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
1d ago from Motorsport.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
4d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Novak Djokovic makes feelings clear about seriousness...
Former ATP World No. 1 Novak Djokovic has said that Cristiano Ronaldo is...
48m ago from SportsKeeda.com
‘We should have pulled the Big Sam ripcord’:...
Guardian’s fans’ network on 2025-26 at the half-way stage: best...
18m ago from TheGuardian.com
'He's maybe one we should have tried to grab' - Steven...
Liverpool legend Steven Gerrard believs the club made a mistake by not...
14h ago from SportsKeeda.com
Arsenal fan Anne Hathaway shares cheeky 'Owen goal'...
Arsenal fan Anne Hathaway shared a social media message referencing...
14h ago from SportsKeeda.com
Comments
Hottest News
Yuki Tsunoda makes Red Bull 'pressure' claim after F1 seat...
Yuki Tsunoda discovered the challenge of Red... Read More »
58m ago from RacingNews365.com
Legendary F1 circuit undergoes renovations and it could be...
New photos have been released regarding the... Read More »
13h ago from GPFans.com
Ferrari make key decision on Lewis Hamilton race engineer...
Ferrari F1 team have made a decision regarding... Read More »
10h ago from GPFans.com
