News Details
FIA unanimously approves Liberty Media's F1 takeover
Liberty Media's takeover of Formula 1 has been given the green-light after the FIA's World Motor Sport Council unanimously approved the deal. Last season Liberty Media took the first steps in taking control of Delta Topco Limited, F1's holding company, from CVC Capital Partners. Having purchased a 19.1 percent stake in the sport, the takeover then had to gain approval from the appropriate anti-trust authorities, which it did in December, before being ratified by the FIA. Representatives from the new owners, which will be renamed Formula One Group, made a detailed presentation of their strategy at a World Motor Sport Council meeting in Geneva on Wednesday. Members were then given the...
Full Story »
Full Story »
7y ago from PlanetF1.com
0
You May Also Be Interested In...
FIA approve Liberty Media takeover of Formula 1
Formula One's governing body gave its approval on Wednesday to CVC...
7y ago from GrandPrix247.com
FIA World Motor Sport Council approves F1 sale
The World Motorsport Council has unanimously approved the sale of F1 and...
7y ago from SpeedCafe.com
FIA approves Liberty Media's acquisition of Formula 1
The FIA has approved the acquisition of Formula 1 by Liberty Media...
7y ago from MotorsportWeek.com
FIA approves Liberty Media F1 takeover
– The FIA, motorsport's governing body, has approved the takeover...
7y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Fernandez to ride 2024 Aprilia MotoGP bike from Jerez...
Trackhouse Aprilia rider Raul Fernandez will ride the 2024 spec bike when...
49m ago from MotorsportWeek.c...
What is a wildcard in MotoGP and why is it used?
No description available...
2h ago from Motorsport.com
Yamaha to test completely new MotoGP bike at Jerez
No description available...
18h ago from Motorsport.com
Raul Fernandez set to get 2024 Aprilia MotoGP bike at...
No description available...
21h ago from Motorsport.com
Popular On IndyCarToday.com
McLaughlin disputes IndyCar's claim that rules...
Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...
8h ago from MotorsportWeek.c...
McLaughlin issues statement following St. Pete...
No description available...
8h ago from Motorsport.com
Full-time IndyCar move “an option” says supersub...
No description available...
12h ago from Motorsport.com
O’Ward retroactively given St. Pete win after Team...
The NTT IndyCar Series announced on Wednesday that all three Team Penske...
20h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
22h ago from Motorsport.com
Auction raises more than 50K for Craig Breen Foundation
No description available...
21h ago from Motorsport.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
2d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Chelsea superstar ruled out of rest of 2023-24...
No description available...
39m ago from SportsKeeda.com
Arsenal injury news vs. Tottenham Hotspur - Jurrien...
Sports Mole rounds up all of Arsenal's latest injury and suspension news...
49m ago from SportsMole.co.uk
Exclusive: Arsenal considering 60m teenager to fix...
Arsenal are understood to be considering a transfer move for Atletico...
59m ago from CaughtOffside.com
'It looks a bit crass' - Mesut Ozil trying to emulate...
No description available...
3h ago from SportsKeeda.com
Comments
Hottest News
Audi agree LONG-TERM F1 deal with star driver
Audi have agreed a long-term deal for the first... Read More »
3h ago from GPFans.com
Rosberg reveals financial toll of rivalry with Hamilton
Nico Rosberg recently shed light on an intriguing... Read More »
39m ago from F1i.com
Croft: 'I think Horner's hostility towards Wolff comes from...
Christian Horner and Toto Wolff will never be... Read More »
59m ago from GPBlog.com