News Details

Is Formula 1 for sale again – report

Liberty Media could be saying farewell to Formula 1, or at least reducing their stake in the sport, according to a report. Liberty Media bought Formula 1 from CVC in 2017, paying a $8 billion for the sport. The American owners set about revamping Formula 1, or as much as one can given the numerous voices that have a say, with fan interaction their number one target. However, according to a report, it looks as if they are growing tired in the face of an insurmountable task. 'Less than 3 years after Liberty Global acquired Formula One, the company is reportedly exploring scenarios that would decrease their stake in the international racing circuit; everything from an exit to the introduction...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Is Liberty Media looking to sell F1?

Liberty Media's reign over Formula 1 has been far from overwhelmingly...
5y ago from GPFans.com

'Liberty Media looking to bring another race to Asia'

Liberty Media appear to be looking to add another race in Asia to the...
5y ago from GPFans.com

Liberty Media could sell F1 - report

Liberty Media could be looking to sell F1 already. The American company,...
5y ago from OneStopStrategy.com

Liberty Media determined to add second F1 race in China

F1 commercial rights holder Liberty Media has confirmed its plans to add...
5y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Mir: ‘I have no idea how long my body can take'...

Joan Mir's struggles on the Honda MotoGP machine continued following...
14h ago from MotorsportWeek.c...

Di Giannantonio: MotoGP bikes like ‘riding F1...

VR46 rider Fabio Di Giannantonio has heaped praise on the current MotoGP...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal's leading striker target 'set to hold contract...

Newcastle United are reportedly set to open discussions over a new...
1h ago from SportsMole.co.uk

Can you name every Premier League-winning captain?

To mark Kyle Walker becoming the 17th different player to lift the Premier...
6h ago from SportsMole.co.uk

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.