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
Why Ducati had no doubt that Alex Marquez...
No description available...
11h ago from Motorsport.com
Marc Marquez propels MotoGP to record figures in 2025
No description available...
14h ago from Motorsport.com
Pirelli outlines 2026 MotoGP test plans ahead of 2027...
Pirelli has officially outlined when it plans to test its new MotoGP...
18h ago from MotorsportWeek.c...
F1 World Champion Lando Norris offered MotoGP...
F1 World Champion Lando Norris has been offered an opportunity to ride a...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
11h ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1d ago from Motorsport.com
IndyCar boss Doug Boles explains new officiating system
No description available...
1d ago from Motorsport.com
Momentum building for IndyCar’s inaugural Arlington...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Project One confirms WRC27 entry
Founded by experienced motorsport engineer Lionel Hansen alongside former...
14h ago from MotorsportWeek.c...
Hyundai to run a WRC2 spec machine in 2027?
Hyundai has said it is considering a brand new WRC2 car for the 2027...
14h ago from MotorsportWeek.c...
Does Martins Sesks have a future with M-Sport in WRC?
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: 'Havertz return delayed after injury...
No description available...
7h ago from SkySports.com
Report: Arsenal and Man United go head-to-head over 25...
Manchester United and Arsenal are interested in signing the Olympiacos...
9h ago from CaughtOffside.com
Arsenal plot swoop for 19-year-old after Xabi Alonso...
Arsenal are reportedly interested in signing the Real Madrid defender,...
11h ago from CaughtOffside.com
Episode 858 – Girding our loins
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
15h ago from Arseblog.com
Comments
Hottest News
Ferrari reveals 2026 F1 launch plans with ‘spec A'...
Ferrari boss Fred Vasseur has revealed that the... Read More »
5h ago from MotorsportWeek.com
Charles Leclerc lets loose at Ferrari Christmas party
Ferrari F1 star Charles Leclerc has been pictured... Read More »
7h ago from GPFans.com
How much prize money will each F1 team receive from 2025?
As F1 prepares to head into a new era, Liberty... Read More »
16h ago from MotorsportWeek.com
