News Details
Liberty Media offers shares to F1 teams
Prospective Formula 1 owners Liberty Media will offer shares in the sport to teams, the company announced in a statement on Thursday. Liberty Media is poised to acquire 100 per cent of Formula 1, having received approval from its own stakeholders and the FIA, with the sale set to be completed before the end of January. “Liberty Media announced today [Thursday] that it intends to issue cash convertible senior notes in a private offering,” read a statement. “The notes will be convertible into cash in an amount determined by reference to the trading price of shares of Series C Liberty Media common stock ('LMCK'). “Liberty expects to use the net proceeds of the offering...
Full Story »
Full Story »
9y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Liberty Media shareholders approve F1 takeover
Liberty Media Corp announced that its shareholders voted to approve...
9y ago from GrandPrix247.com
Teams turn down Liberty offer to buy shares in F1
XPB Images
Formula 1 teams have turned down Liberty Media's...
9y ago from F1i.com
Liberty reserves shares for teams
Liberty Media is to set aside $400m shares in F1 in the hope that the...
9y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati: Marc Marquez “helped, protected” Francesco...
No description available...
31m ago from Motorsport.com
Why Aprilia boss is "disappointed" about not...
No description available...
18h ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
2d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
15h ago from Motorsport.com
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
22h ago from MotorsportWeek.c...
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
20h ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
21h ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg moves clear of the...
No description available...
14h ago from Motorsport.com
FIA offers update on new WRC commercial rights holder...
No description available...
18h ago from Motorsport.com
Solberg sensational in the snow (and slush, and rain)
Oliver Solberg and Elliot Edmondson, making their debut as full-time...
16h ago from MotorsportWeek.c...
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
21h ago from Motorsport.com
Popular On GunnersToday.com
Talk of Arsenal being champions-elect ‘takes focus...
t;li>Manager insists praise from outside ‘does not add...
11m ago from TheGuardian.com
Arsenal star linked with surprise mid-season transfer...
Arsenal midfielder Christian Norgaard could reportedly be on the move...
2h ago from SportsKeeda.com
Arteta on Havertz & Gyokeres + Arsenal's absence...
Morning all, a quick Saturday round-up for you. After yesterday's focus on...
2h ago from Arseblog.com
‘It's a challenge’ | Carrick urges Man Utd to...
Manchester United head coach Michael Carrick says he is embracing the...
2h ago from SkySports.com
Comments
Hottest News
Ferrari changes course with radical new concept
Ferrari has unveiled its SF-26 and completed its... Read More »
1h ago from RacingNews365.com
Mercedes release first on-track footage of 2026 car (with...
Mercedes took to social media to show off their... Read More »
51m ago from GPFans.com
FIA 'verdict issued' on controversial engine loophole
It wouldn't be an F1 preseason without weeks and... Read More »
1h ago from GPFans.com
