News Details
FIA approves Liberty Media's acquisition of Formula 1
The FIA has approved the acquisition of Formula 1 by Liberty Media following an extraordinary meeting of the World Motor Sport Council (WMSC) in Geneva on Wednesday. Liberty Media announced in September that it had agreed an $8 billion deal to purchase Delta Topco, Formula 1's parent company, and aimed for the deal to be completed during the first quarter of 2017. Following the approval of plans for the acquisition from Liberty shareholders on Tuesday, the FIA has now green lighted the deal, approving the sale of F1's commercial rights as required. 'The World Motor Sport Council has unanimously approved the change of control of Delta Topco Limited (the holding company of...
Full Story »
Full Story »
9y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Liberty Media stockholders approve proposals for F1...
Liberty Media has crept closer to its takeover of Formula 1 after...
9y ago from MotorsportWeek.com
Liberty Media shareholders approve F1 takeover
Liberty Media Corp announced that its shareholders voted to approve...
9y ago from GrandPrix247.com
FIA approves Liberty Media F1 takeover
– The FIA, motorsport's governing body, has approved the takeover...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Honda announces Joan Mir will miss the Japanese and...
No description available...
36m ago from Motorsport.com
Pedro Acosta's potential is 'scary', says crew chief...
No description available...
21h ago from Motorsport.com
Why KTM must stay humble after Pedro Acosta’s win:...
No description available...
22h ago from Motorsport.com
Luca Marini hit in chest by debris in Austrian GP:...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Abbi Pulling headlines 11-driver Indy NXT test at...
No description available...
4d ago from Motorsport.com
AJ Foyt Racing signs reigning IndyCar Rookie of the...
No description available...
5d ago from Motorsport.com
Foyt signs Dennis Hauger for 2027 IndyCar season
AJ Foyt Racing has announced that it is brining on Dennis Hauger for the...
5d ago from MotorsportWeek.c...
From Värnamo to victory lane: Hometown hero Felix...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Factory WRC driver Esapekka Lappi to pause...
No description available...
18h ago from Motorsport.com
First WRC27 machine unveiled
Project Rally One has publicly unveiled its new WRC27 car for the first...
2d ago from MotorsportWeek.c...
BBC to show the World Rally Championship on the telly
For the first time since 2001, BBC will broadcast the FIA World Rally...
2d ago from MotorsportWeek.c...
Project Rally One unveils 2027 WRC challenger, targets...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Sources: Arsenal & Chelsea scouts closely monitor...
Arsenal and Chelsea are keeping a close eye on Feyenoord midfielder Gjivai...
2h ago from CaughtOffside.com
'There's no way Manchester City win the league' -...
Arsenal hero Paul Merson has emphatically predicted that Manchester City...
1h ago from SportsKeeda.com
Fried Rice?
Morning. Let's start today with the news that Declan Rice has withdrawn...
2h ago from Arseblog.com
Arsenal interest prompts Liverpool to accelerate plans...
Liverpool are reportedly preparing to offer Rio Ngumoha a new contract as...
12h ago from CaughtOffside.com
Comments
Hottest News
Fred Vasseur needs more time at Ferrari and Lewis Hamilton...
Over the past few Grands Prix, the spotlight has... Read More »
56m ago from GrandPrix247.com
Budkowski dismisses rumours of imminent Cadillac move away...
Cadillac is planning to expand its presence in... Read More »
3h ago from F1Technical.net
Formula 1 cars to join Hot Wheels Infinite Rush game from...
F1 cars to join Hot Wheels Infinite Rush from... Read More »
1h ago from GrandPrix247.com
