News Details
Liberty Media stockholders approve F1 acquisition plan
Liberty Media's plans to take control of Formula 1 took a further step forward on Tuesday as stockholders voted in favor of its proposed bid, and approved a name change to “Formula One Group". The American media company, which already had a 19.1 percent stake in F1, last month revealed it had raised a further $1.55billion from investors to help increase the cash portion of its shareholding in F1. Today, following a stockholder meeting in Colorado, a statement was released that read: “The holders of its common stock entitled to vote thereat approved (i) a proposal relating to the issuance of shares of Series C Liberty Media common stock in connection with its pending acquisition of...
Full Story »
Full Story »
9y ago from Motorsport.com
0
You May Also Be Interested In...
FIA calls WMSC meeting as Liberty’s F1 takeover...
Liberty Media's plans to take control of Formula 1 could take a big step...
9y ago from Motorsport.com
F1 teams given option to purchase shares by Liberty...
Formula 1 teams are to be given the option to purchase a stake in the...
9y ago from TheCheckeredFlag....
McLaren still interested in Formula 1 stake – Brown
McLaren still interested in Formula 1 stake – Brown Zak Brown has...
9y ago from ThisIsF1.com
No plan to replace Vasseur at Renault
Renault F1 Team Managing Director Cyril Abiteboul has revealed that there...
9y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
The issue that is holding Francesco Bagnaia back in...
No description available...
15h ago from Motorsport.com
Fabio Quartararo completes Honda switch for 2027...
Fabio Quartararo has signed a deal to join Honda for the 2027 MotoGP...
1d ago from MotorsportWeek.c...
Honda announces David Alonso to join MotoGP setup on...
Honda HRC has confirmed its signing of current Moto2 star David Alonso on...
1d ago from MotorsportWeek.c...
Honda signs David Alonso for 2027 without confirming...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Dreyer and Reinbold purchases Rahal entry in first...
Dreyer and Reinbold Racing has announced that it has purchased one...
9h ago from MotorsportWeek.c...
Dreyer & Reinbold Racing to return full-time to...
No description available...
10h ago from Motorsport.com
Alex Palou ‘not confident at all’ tire choice...
Alex Palou was the winner of Monday’s Music City Grand Prix, but he was...
1d ago from MotorsportWeek.c...
Winners and losers from the IndyCar race in Nashville
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Prodrive in talks with multiple manufacturers after...
No description available...
11h ago from Motorsport.com
ERC fans set for new-look Rally Poland with local...
The event has undergone a significant transformation for 2025, switching...
14h ago from MotorsportWeek.c...
The important lesson Oliver Solberg put into practice...
No description available...
2d ago from Motorsport.com
What a maiden WRC win in Estonia means to Sami Pajari
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal reveal William Saliba out for ‘extended...
t;li>Centre-back forced off in World Cup semi-finalArsenal say problem...
4h ago from TheGuardian.com
Saliba out for 'extended period' with back injury
Arsenal have confirmed William Saliba will be out for an extended period...
5h ago from SkySports.com
Trossard, Ramos, Dumfries: 10 transfers you may have...
engrossed with the World Cup drama to keep up with goings-on in the...
6h ago from TheGuardian.com
'Joined a club that has the potential of winning the...
Chelsea legend John Terry has taken a cheeky dig at Arsenal after his...
7h ago from SportsKeeda.com
Comments
Hottest News
Cadillac explains evolving liveries as team embraces a...
Cadillac's inaugural Formula 1 campaign has not... Read More »
2h ago from F1Technical.net
Fernando Alonso set for watershed moment in F1 career as...
Fernando Alonso may well quit the Aston Martin F1... Read More »
5h ago from GPFans.com
Audi F1 confirm reshuffle after shock team principal exit
A key member of the Audi F1 team has unpicked... Read More »
19h ago from GPFans.com
