News Details
Liberty Media share offer, not taken up by F1 teams
F1 teams have rebuffed the chance to become shareholders in the sport, an offer that was proffered up by new majority owners Liberty Media recently. Having now completed their takeover of F1, Liberty has made the first steps towards showing the teams that they are important to the future of the sport, by allowing them the chance to purchase up to a 20% stake in the commercial rights. However, teams would have no right to vote or influence the decision-making process as part of the arrangement, and that fact appears to have been a deal breaker for the F1 squads. Liberty Media had set aside $400 million of shares in Formula 1 for teams to purchase, which they will hold onto for six months...
Full Story »
Full Story »
9y ago from TheCheckeredFlag.co.uk
0
You May Also Be Interested In...
Liberty Media completes purchase of Formula 1
The Liberty Media Corporation have announced they have completed the...
9y ago from TheCheckeredFlag....
Liberty Media completes purchase of F1
Liberty Media Corporation and Delta Topco, the parent company of Formula...
9y ago from Pitpass.com
F1 changes: What do they mean?
Formula 1 was already set for a new era on the track in 2017 before this...
9y ago from SkySports.com
FIA welcomes Liberty Media's takeover
– Formula 1's governing body, the FIA, has welcomed Liberty Media's...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Why Francesco Bagnaia is "not that worried"...
No description available...
15h ago from Motorsport.com
Jorge Lorenzo slams Yamaha riders including Fabio...
Five-time MotoGP champion Jorge Lorenzo slams Yamaha riders, particularly...
20h ago from MotorsportWeek.c...
The mountain Yamaha has to climb with its V4-powered...
No description available...
21h ago from Motorsport.com
Michelin reveals what caused Marc Marquez’s dramatic...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher’s IndyCar debut returns him to the...
Mick Schumacher began his IndyCar career this past weekend, competing in...
8h ago from MotorsportWeek.c...
Winners and losers from the 2026 IndyCar season-opener...
No description available...
14h ago from Motorsport.com
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
1d ago from MotorsportWeek.c...
Gallery: IndyCar kicks off 2026 season at St. Pete
Motorsport Week has exclusive images from the IndyCar curtain-raiser in...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
21h ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
3d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: Arteta set to speak to media LIVE!
No description available...
16h ago from SkySports.com
Report: Arsenal and Man United join the race to sign...
Hertha Berlin midfielder Kennet Eichhorn has been linked with a move away...
11h ago from CaughtOffside.com
Arteta wants 6ft 3in giant who tormented Arsenal in...
Arsenal are interested in signing the Inter Milan striker Pio Esposito at...
12h ago from CaughtOffside.com
Euro outfit brace for bids as Liverpool and Arsenal...
Liverpool and Arsenal are interested in signing the VfB Stuttgart defender...
12h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: FIA postpone race over Iran missile attacks,...
The FIA, the governing body that controls... Read More »
56m ago from GPFans.com
Oscar Piastri 'force' to be unleashed in Lando Norris...
Oscar Piastri is set for a key rematch with Lando... Read More »
56m ago from RacingNews365.com
Former Alpine F1 boss lands new CEO role
A new role has been taken on by this former... Read More »
1h ago from RacingNews365.com
