News Details
Liberty Media stockholders approve proposals for F1 acquisition
Liberty Media has crept closer to its takeover of Formula 1 after stockholders voted in favour of its proposal to acquire the championship. American company Liberty announced its plans last September to purchase Delta Topco, the parent company of Formula 1, and initially took on an 18.7 per cent stake in a cash deal, valuing the brand at $8 billion. Liberty announced in December that it had agreed deals with third party investors to raise $1.55bn and that it had received the approval of antitrust authorities. Liberty still required the approval from its stockholders, who met on Tuesday to give the green light to the takeover. “The holders of its common stock entitled to vote thereat...
Full Story »
Full Story »
9y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Liberty Media stockholders approve F1 acquisition plan
Liberty Media's plans to take control of Formula 1 took a further step...
9y ago from Motorsport.com
Liberty Media take big step toward final acquisition...
F1 News Liberty Media take big step toward final acquisition of F1 A...
9y ago from Formula1Blog.com
Shareholders agree to Liberty Media’s F1 takeover
A special shareholder meeting of US-based Liberty Media has given the...
9y ago from SpeedCafe.com
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
Elsewhere On The Network
Popular On MGPToday.com
Explained: the error that led to Fabio Quartararo’s...
No description available...
5h ago from Motorsport.com
How to fix small paint chips like a motorsport mechanic
The good news is that most everyday chips can be stabilised and blended...
20h ago from MotorsportWeek.c...
MotoGP's tightest title race in years: What...
The numbers back that up. According to Crash.net's post-race breakdown,...
20h ago from MotorsportWeek.c...
“This is not F1 on two wheels” - Carlos Ezpeleta...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Track build delays threaten IndyCar schedule in Markham
The NTT IndyCar Series is visiting a brand new street circuit this...
2h ago from MotorsportWeek.c...
How to watch IndyCar 2026 at Markham: Weekend...
No description available...
23h ago from Motorsport.com
Foyt, Homes for Our Troops, and White House Historical...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
What to expect from WRC Rally Scotland after FIA test...
No description available...
4d ago from Motorsport.com
Thierry Neuville claims WRC Rally Finland was...
No description available...
1w ago from Motorsport.com
FIA sets deadline for WRC Saudi Arabia decision
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal ‘in talks' to make shock signing...
Arsenal have reportedly held talks over a sensational move for Victor...
1h ago from FreshArsenal.com
“We have detected some areas' - Mikel Arteta hints...
Head coach Mikel Arteta has suggested that Arsenal might not be done with...
1h ago from SportsKeeda.com
Report: Arsenal finally set to sell high-earning...
Arsenal finally appear to be closing in on an exit for Reiss Nelson, with...
1h ago from FreshArsenal.com
Arsenal identify Como star as potential target if they...
Arsenal have reportedly identified Como centre-back Jacobo Ramon as a...
33m ago from SportsKeeda.com
Comments
Hottest News
Mercedes admits intra team ‘dilemma' as title battle...
Mercedes has admitted it faces a... Read More »
1h ago from MotorsportWeek.com
FIA suddenly lifts ban on Russian drivers after four years
The FIA has unexpectedly lifted the restrictions... Read More »
2h ago from F1i.com
‘Is he retiring?’ - Max Verstappen unveils special...
Four-time F1 world champion Max Verstappen has... Read More »
1h ago from GPFans.com
