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FIA: There is no conflict of interest

Amid allegations directed at the FIA of a potential conflict of interest in their approval of Liberty Media purchase of Formula 1, the sport's governing body has released the following statement: Following the unanimous approval by the World Motor Sport Council of the change of control of Delta Topco Limited (the holding company of the Commercial Rights Holder of the FIA Formula One World Championship) from CVC Capital Partners in favour of Liberty Media Corporation on 18 January 2017, the FIA has been made aware of certain declarations and comments, clearly inaccurately informed or made maliciously, relating to this process. In light of this, the FIA wishes to make clear the following...
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7y ago from GrandPrix247.com 0
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