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 »
7y 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...
7y 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...
7y ago from Formula1Blog.com
Shareholders agree to Liberty Media’s F1 takeover
A special shareholder meeting of US-based Liberty Media has given the...
7y 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...
7y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Bagnaia reckons French GP result preview of 2024...
No description available...
1h ago from Motorsport.com
Martin beats Marc Marquez and Bagnaia in French GP...
Jorge Martin was triumphant in a thrilling battle with Marc Marquez and...
4h ago from MotorsportWeek.c...
Marquez was "completely exhausted” when he...
No description available...
3h ago from Motorsport.com
Popular On IndyCarToday.com
Lundgaard explains ‘bold’ tire strategy that led...
Christian Lundgaard earned the third podium of his IndyCar career on...
6h ago from MotorsportWeek.c...
Abel ends Indy 500 entry hopes, cites funding as cause
Abel Motorsports will not be fielding a car in this year’s Indianapolis...
1w ago from MotorsportWeek.c...
Herta labels Ericsson’s first lap move as ‘so...
Colton Herta was the biggest mover of the recent IndyCar race from the...
18h ago from MotorsportWeek.c...
American flag livery returns for AJ Foyt Indy 500 entry
AJ Foyt Racing announced Wednesday that it is bringing its popular...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ogier: Surpassing Markku Alen’s WRC Portugal record...
No description available...
53m ago from Motorsport.com
Sebastian Ogier sets another new record with his 6th...
Sebastian Ogier and Vincent Landais reeled off the remaining four stages...
4h ago from MotorsportWeek.c...
WRC Portugal: Ogier makes history with record sixth...
No description available...
5h ago from Motorsport.com
What the teams made of WRC’s vision to improve...
No description available...
10h ago from Motorsport.com
Popular On GunnersToday.com
Video: Gary Neville blames Man United's Casemiro for...
Arsenal have taken the lead in their huge Premier League clash with Man...
1h ago from CaughtOffside.com
'You're losing this match', 'If it ain't broke don't...
No description available...
2h ago from SportsKeeda.com
Exclusive: Arsenal and Man United among clubs...
Sporting CP's Ousmane Diomande is ready to move to the Premier League...
43m ago from CaughtOffside.com
Trossard wins it for Arsenal at Man Utd as Gunners go...
Arsenal moved back to the top of the Premier League with a 1-0 win over...
23m ago from SkySports.com
Comments
Hottest News
Newey deals major Ferrari blow after announcing Red Bull...
Adrian Newey has dealt a major blow to Ferrari at... Read More »
1h ago from GPFans.com
Newey 'starting date and role given' at next F1 team
Adrian Newey's role and starting date at his next... Read More »
11h ago from GPFans.com
Eddie Jordan lets in on Adrian Newey's secret
Adrian Newey competed at the 2024 Grand Prix de... Read More »
33m ago from GPBlog.com