News Details
F1 teams given option to purchase shares by Liberty Media
Formula 1 teams are to be given the option to purchase a stake in the sport by new commercial rights holders Liberty Media, in a bid to bring a closer working partnership between the squads and the sports parent company. Previous majority shareholder CVC Capital Partners, had owned a twenty percent stake in the business, and this portion will be offered out to the teams at $22 a share, though no team will be allowed to amass more than a five percent stake. Taking up the deal on offer would see the team enjoy a share in the annual profits generated by the business, but that is where the benefits are believed to stop, with no voting rights relating to strategy, technology, marketing,...
Full Story »
Full Story »
9y ago from TheCheckeredFlag.co.uk
0
You May Also Be Interested In...
Liberty Media offers teams chance of buying into F1
XPB Images
Formula One's new owner Liberty Media has said that...
9y ago from F1i.com
Liberty could save the British GP, says BRDC chairman
©WRI2
John Grant, the chairman of the British Racing Drivers’ Club,...
9y ago from F1i.com
Ferrari president Marchionne would not welcome F1...
With rumours that Liberty Media, the new owners of Formula 1, are looking...
9y ago from TheCheckeredFlag....
Liberty arrival could help save British GP
Liberty Media's arrival as Formula 1's new owners, plus some government...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta explains what KTM needs to close the gap...
No description available...
11h ago from Motorsport.com
The weakness behind Marco Bezzecchi’s dominant...
No description available...
16h ago from Motorsport.com
MotoGP legend shares how ‘different level’ Marc...
Five-time 500cc champion Mick Doohan believes the way Marc Marquez...
1d ago from MotorsportWeek.c...
Fabio Quartararo staying “a little bit out” of...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti lights up IndyCar Long Beach practice, Will...
The field of 25 drivers in the NTT IndyCar Series roared out of a...
3h ago from MotorsportWeek.c...
Will Power says father wrestling gunman was "just...
No description available...
5h ago from Motorsport.com
O'Ward: F1 has become an "artificial" show,...
No description available...
11h ago from Motorsport.com
Current street course woes make Long Beach “a...
No description available...
11h ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
11h ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
12h ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Papers: Arsenal interested in Leicester teenager as...
The top stories and transfer rumours from Saturday's newspapers...
4h ago from SkySports.com
Arsenal will not play for a draw in Manchester City...
t;li>Arsenal coach sees trip to Etihad as ‘a big opportunity’Bukayo...
6h ago from TheGuardian.com
Wayne Rooney makes huge Arsenal title claim amid late...
Manchester United legend Wayne Rooney has backed Arsenal to clinch the...
9h ago from CaughtOffside.com
Arsenal plotting move to sign 3rd youngest player in...
Arsenal are reportedly preparing a move for Leicester City youngster...
12h ago from SportsKeeda.com
Comments
Hottest News
Max Verstappen Nurburgring Results: NLS4 qualifying results...
Four-time F1 champion Max Verstappen will be in... Read More »
5h ago from GPFans.com
Alpine F1 management reshuffle spells potential buy-out...
The Renault Group has appointed its Head of... Read More »
8h ago from MotorsportWeek.com
F1 star eyeing Lewis Hamilton seat reveals persuasive...
Lewis Hamilton has long been tipped to pass the... Read More »
8h ago from GPFans.com
