News Details
Marchionne: We are exploring opportunity to buy F1 shares
Ferrari president Sergio Marchionne confirmed that the company is looking to acquire a stake in Formula 1 offered to teams by new owners Liberty Media. During a teleconference with media Marchionne confirmed, 'We began to explore the opportunity [to acquire a stake] and we are in talks with Liberty Media.' But at the same time he added that 'clarity about what will come after 2020 and what Ferrari could get with an investment in Formula 1.' Marchionne was referring to the controversial Concorde Agreement that expires in 2020, but currently rules how Formula 1 income is distributed among teams, of which Ferrari are the biggest earners. 'I hope that the sport of F1 in general has a better...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Ferrari considering buying into Formula 1 –...
Ferrari could be the first F1 team to take up Liberty Media's offer of...
9y ago from ThisIsF1.com
Teams still considering buy-in with Liberty amidst...
F1 News Teams still considering buy-in with Liberty amidst complex F1...
9y ago from Formula1Blog.com
Liberty Media share offer, not taken up by F1 teams
F1 teams have rebuffed the chance to become shareholders in the sport, an...
9y ago from TheCheckeredFlag....
Ferrari wants Liberty to outline its plans for F1's...
Ferrari says it wants clarity from Formula 1's new owners Liberty Media...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia team-mates Marco Bezzecchi and Jorge Martin...
No description available...
5h ago from Motorsport.com
Lando Norris to join Valentino Rossi at 2026 Goodwood...
No description available...
10h ago from Motorsport.com
Where has it gone wrong for Franco Morbidelli in...
No description available...
1d ago from Motorsport.com
Joan Mir to test Honda’s 2027 MotoGP bike in Brno...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Longtime IndyCar team owner Dennis Reinbold passes...
Dreyer and Reinbold Racing announced Sunday that the team’s owner and...
2d ago from MotorsportWeek.c...
Longtime IndyCar team owner Dennis Reinbold passes away
No description available...
2d ago from Motorsport.com
IndyCar Officiating details infraction severity levels
IndyCar Officiating has released more specific information regarding the...
4d ago from MotorsportWeek.c...
Myles Rowe: Historic Indy NXT Win at WWTR proves ‘I...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanpera ready to resume motorsport career...
No description available...
13h ago from Motorsport.com
Revised gravel tyre set for WRC debut in Greece
No description available...
1d ago from Motorsport.com
Sebastien Loeb to make traditional stage rallying...
No description available...
5d ago from Motorsport.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal handed major boost as sought-after 50m star...
Arsenal are interested in signing Manu Kone from AS Roma. The Frenchman...
3h ago from CaughtOffside.com
Arsenal interested in untouchable Real Madrid target...
Arsenal are interested in signing the Spanish defender Ivan Fresneda from...
4h ago from CaughtOffside.com
Journo confirms Man United and Arsenal midfield target...
Tottenham have reportedly entered the race for Newcastle United midfielder...
13h ago from CaughtOffside.com
Insider confirms £280k per week Arsenal star is being...
Kai Havertz has reportedly emerged as a name on Bayer Leverkusen’s...
14h ago from CaughtOffside.com
Comments
Hottest News
F1 driver replaced by Lewis Hamilton at Ferrari claims 'he...
Former Ferrari F1 driver Carlos Sainz, who was... Read More »
2h ago from GPFans.com
Lando Norris and Valentino Rossi to make appearance at...
Motorsport fans rejoiced after it was announced... Read More »
1h ago from GPFans.com
Christian Horner and Geri Halliwell prepare £45m to buy...
Right then. Are you nice and settled? The most... Read More »
3h ago from GPFans.com
