News Details
FIA approve Liberty Media takeover of Formula 1
Formula One's governing body gave its approval on Wednesday to CVC Capital Partners' sale of the sport's commercial rights to Liberty Media. The International Automobile Federation (FIA) said in a statement that its World Motor Sport Council had unanimously approved the change of control at an extraordinary meeting in Geneva. 'Liberty, Formula One Group and the FIA intend to collaborate to create a constructive relationship that will ensure the continued success and the development of the FIA Formula One World Championship in the long term,' it said. Liberty Media, controlled by U.S. cable mogul John Malone, took control of the sport in September in a deal valued at $8 billion.
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
FIA approves Liberty Media's acquisition of Formula 1
The FIA has approved the acquisition of Formula 1 by Liberty Media...
9y ago from MotorsportWeek.com
Liberty Media stockholders approve proposals for F1...
Liberty Media has crept closer to its takeover of Formula 1 after...
9y ago from MotorsportWeek.com
World Motor Sport Council to debate Liberty's F1...
XPB Images
The World Motor Sport Council will convene an...
9y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin hopeful of racing in Malaysia after...
No description available...
14h ago from Motorsport.com
Ducati: “Marc Marquez has asked for guarantees to go...
No description available...
15h ago from Motorsport.com
Joan Mir returns without revealing illness that kept...
No description available...
12h ago from Motorsport.com
Ducati: Aprilia got “unlucky” in Australian GP,...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Josh Pierson moves up to IndyCar with AJ Foyt Racing
Josh Pierson will be a part of the 2027 IndyCar Series and will drive for...
7h ago from MotorsportWeek.c...
AJ Foyt Racing signs Josh Pierson to multi-year deal...
No description available...
8h ago from Motorsport.com
HMD Motorsports confirms Leonardo Escorpioni to 2027...
No description available...
10h ago from Motorsport.com
Herta endorses IndyCar’s international return with...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Rally US reveals further details ahead of WRC 2027...
No description available...
9h ago from Motorsport.com
Sesks tight-lipped on WRC future after ERC season...
No description available...
1d ago from Motorsport.com
Dakar Rally moves 2027 event out of Saudi Arabia; new...
No description available...
2d ago from Motorsport.com
Josh McErlean to test 2027-spec M-Sport WRC car at ERC...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Pens IN FULL! Arsenal dumped out to L2 Fleetwood!
Watch the full penalty shoot-out between Fleetwood and Arsenal.
3h ago from SkySports.com
‘The 22' launch event info – November 6th...
Hi folks! I just wanted to give you details of our London event for the...
8h ago from Arseblog.com
Arsenal OUT on pens to League Two Fleetwood!
Highlights of the Carabao Cup fourth round match between Fleetwood Town...
3h ago from SkySports.com
'We haven't practiced once!' - Fleetwood didn't...
Fleetwood Town boss Matt Lawlor confirms his side didn't practice their...
2h ago from SkySports.com
Comments
Hottest News
FIA take major step towards F1 V8 return with new engine...
The FIA has put forward a new proposal for future... Read More »
4h ago from GPFans.com
F1 legend Lewis Hamilton reveals cute gift to Kim...
F1 legend Lewis Hamilton has opened up on his... Read More »
4h ago from GPFans.com
Kimi Antonelli set for big payday bonus as F1 championship...
Mercedes star Kimi Antonelli has one hand on the... Read More »
7h ago from GPFans.com
