News Details
Marchionne pondering investment in F1, but wants more clarity
XPB Images
Ferrari CEO Sergio Marchionne is considering an investment in the Formula One Group as proposed by F1's new owners. Liberty Media has set aside an allocation of 19 million shares of its publicly traded entity FWONK destined to be sold to the sport's teams at a favourable price but with specific terms. So far teams have been reluctant to follow up on the offer as the deal includes many unknowns. During yesterday's conference call with analysts following the publication of Ferrari's 2016 results, Marchionne expressed interest in acquiring a stake in F1, albeit with a few caveats. "We are considering acquiring shares in Formula 1, and we discuss it with the new...
Full Story »
Full Story »
You May Also Be Interested In...
Ferrari wants Liberty to outline its plans for F1's...
Ferrari says it wants clarity from Formula 1's new owners Liberty Media...
8y ago from Motorsport.com
Ferrari working 'round the clock' to finish 2017 car -...
Ferrari are working 'round the clock' to finish their car before...
8y ago from MotorsportWeek.com
Ferrari delivers higher sales and profits to investors...
XPB Images
Sergio Marchionne promised to deliver improved...
8y ago from F1i.com
Ferrari eyes innovative piston solution thanks to 3D...
Ferrari is looking towards 3D printing technology in a bid to introduce an...
8y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Who crashed the most during the 2025 MotoGP season?
No description available...
6h ago from Motorsport.com
Ai Ogura: Fifth on MotoGP debut “kills me” after...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
3d ago from MotorsportWeek.c...
Maverick Vinales “mentally stronger” than ever...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi Racing lands new sponsor for Kyffin...
Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...
1d ago from MotorsportWeek.c...
Sunoco makes full-time IndyCar return as primary...
No description available...
1d ago from Motorsport.com
IndyCar announces independent officiating system
The NTT IndyCar Series announced on Thursday that it will implement a new...
2d ago from MotorsportWeek.c...
IndyCar to introduce independent officiating system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Lancia reveals driver line-up for 2026 WRC return
No description available...
1d ago from Motorsport.com
FIA reveals final details of WRC 2027 regulations
No description available...
3d ago from Motorsport.com
What Adrien Fourmaux and Oliver Solberg learned from...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Cesc Fabregas names ex-Arsenal star as only...
Cesc Fabregas has named Arsenal legend Thierry Henry and Lionel Messi as...
2h ago from SportsKeeda.com
Arsenal v Wolves: Premier League – live
Premier League updates from the 8pm GMT kick-off<br>⚽ <a...
1h ago from TheGuardian.com
Arteta calls for for focus and ‘full gas' ahead...
Good morning from London. We're in Premier League action this evening,...
10h ago from Arseblog.com
Comments
Hottest News
Check out the sound of 2026 Formula 1 courtesy of Honda
Honda has released a recording of their engine... Read More »
3h ago from GrandPrix247.com
Who is Magui Corceiro? Meet new F1 world champion Lando...
Since making waves online at the 2025 Monaco... Read More »
3h ago from GPFans.com
Revealed: 2026 Daytona 24 Hours entry list
Check out the entry list for the 64th running of... Read More »
1h ago from RacingNews365.com
