News Details
Liberty agrees $1.55bn deal with investors for F1 purchase
Liberty Media has announced an agreement with third-party investors to raise $1.55 billion to support the purchase of Formula 1. Liberty bought a controlling stake in the sport back in September, in a deal worth $8 billion. The deal was for a 19.1 percent stake, brought from main shareholder CVC Capital Partners. On Wednesday, Liberty said a deal with investors had been reached to fund the acquisition. The third-party investors are Coatue Management, the Shaw group, JANA Partners, Ruane, Cunniff & Goldfarb, Soroban Capital Partners, SPO Advisory, and Viking Global Investors. The investors have committed to the financing through a subscription of Liberty's common stock, valued at $25 per...
Full Story »
Full Story »
9y ago from Motorsport.com
0
You May Also Be Interested In...
Liberty shareholders to vote on F1 purchase plan
Liberty Media's shareholders have been called to a meeting early next...
9y ago from Motorsport.com
Liberty Media shareholders set for January vote on F1...
Liberty Media shareholders will vote on whether or not the media...
9y ago from GrandPrixTimes.com
Liberty shareholders to vote on F1 purchase
– Liberty Media shareholders will meet next month to vote on...
9y ago from GPUpdate.net
Liberty shareholders to vote on purchase
– Liberty Media shareholders will meet next month to vote on...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP to increase grid spacing from German GP onwards
No description available...
1h ago from Motorsport.com
Marc Marquez takes victory in the MotoGP Sprint race...
Ducati’s Marc Marquez secured his third Sprint victory of the 2026...
19h ago from MotorsportWeek.c...
Marc Marquez “stronger than expected” as he...
No description available...
16h ago from Motorsport.com
Aprilia explains why it has not been in victory fight...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
Ryan Hunter-Reay named Arrow McLaren sporting director
Arrow McLaren has announced that Ryan Hunter-Reay is slotting into the...
4h ago from MotorsportWeek.c...
Alex Palou breaks 174 MPH barrier, earns IndyCar pole
Saturday afternoon at World Wide Technology Raceway brought IndyCar...
9h ago from MotorsportWeek.c...
David Malukas “not disappointed” despite missing...
No description available...
9h ago from Motorsport.com
IndyCar at WWT Raceway starting lineup: Alex Palou...
No description available...
10h ago from Motorsport.com
Popular On TotalWRC.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
2d ago from Motorsport.com
Oliver Solberg highlights area he must “work on”...
No description available...
3d ago from Motorsport.com
Hyundai drivers relieved asphalt WRC season is over...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Kai Havertz scores again + teenage transfer links
Happy Sunday everyone. I don't have anything particularly interesting or...
1h ago from Arseblog.com
Mikel Arteta wants 20-goal star, Arsenal target has...
Julian Alvarez has been linked with a move away from Atletico Madrid...
13h ago from CaughtOffside.com
Arsenal latest: 'Gunners make approach to sign PSG...
No description available...
11h ago from SkySports.com
Days after Champions League final, Arsenal make offer...
Arsenal have made an approach for Paris Saint-Germain (PSG) youngster...
16h ago from SportsKeeda.com
Comments
Hottest News
F1 2026 Monaco Grand Prix starting grid with penalties...
The FIA have confirmed the starting grid for the... Read More »
2h ago from GPFans.com
F1 star unable to enter Monaco Grand Prix escorted by...
McLaren star Oscar Piastri hit trouble to kick... Read More »
55m ago from GPFans.com
Fred Vasseur health update after Ferrari F1 chief...
We begin this 2026 Monaco Grand Prix race day... Read More »
34m ago from GPFans.com
