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
Manufacturers stand up to Liberty in Jerez as MotoGP...
No description available...
56m ago from Motorsport.com
MotoGP Spanish GP: Alex Marquez ends Aprilia’s...
No description available...
56m ago from Motorsport.com
Marc Marquez on his current Ducati struggles: “I've...
No description available...
1h ago from Motorsport.com
Fabio Quartararo is determined to regain the...
Fabio Quartararo insists he can return to the front in MotoGP amid...
2h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Graham Rahal “not a fan” of new rule allowing...
No description available...
18h ago from Motorsport.com
FOX unveils plan for 60 hours of Indy 500 coverage
No description available...
2d ago from Motorsport.com
IndyCar officiating board helps shape Push to Pass...
IndyCar’s new Independent Officiating Board has made one of its first...
1d ago from MotorsportWeek.c...
IndyCar expands Push to Pass availability
The NTT IndyCar Series has announced a change to the series’ Push to...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why WRC drivers expect Portugal to deliver a rally...
No description available...
2h ago from Motorsport.com
Hyundai brings WRC engine upgrade to Rally Portugal
No description available...
5h ago from Motorsport.com
How Ott Tanak can help Toyota's WRC 2027 car...
No description available...
2d ago from Motorsport.com
Why Hyundai’s WRC season “really starts” at...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Dembele or Saka? Gabriel misses out? Sky Sports'...
The Champions League final is set. On May 30, holders Paris Saint-Germain...
1h ago from SkySports.com
Arsenal vs PSG UEFA Champions League final to kick off...
The 2026 UEFA Champions League final, set to be competed by Arsenal and...
1h ago from SportsKeeda.com
'He could be the one' - Paul Scholes names Arsenal...
Manchester United legend Paul Scholes believes Arsenal winger Bukayo Saka...
26m ago from SportsKeeda.com
Arsenal or PSG? Gary Lineker names his favorites to...
Gary Linkeker has picked between Arsenal and Paris Saint-Germain (PSG), as...
26m ago from SportsKeeda.com
Comments
Hottest News
F1 star reveals mis-pressed button to blame for FIA penalty
Valtteri Bottas has revealed that a mis-pressed... Read More »
46m ago from GPFans.com
FIA president reveals plan to add extra F1 race this year
FIA president Mohammed Ben Sulayem has revealed... Read More »
1h ago from GPFans.com
McLaren calls for major F1 PU changes with two-year deadline
McLaren boss Andrea Stella has called for... Read More »
46m ago from MotorsportWeek.com
