News Details
Liberty Media: Important for teams to invest in F1
Formula One's new owner Liberty Media is still hoping that competing teams will buy a stake in the sport once a takeover is completed and will reserve $400 million of shares for them, it said on Thursday. 'We think it's important to offer the teams the chance to invest in F1 and further align our interests,' said Greg Maffei, Liberty's president and Chief Executive, in a statement. 'We look forward to working with the teams to increase the appeal of this iconic sport and enhance the F1 business.' Chase Carey, Chairman of F1, said, “Several of the teams have expressed interest in investing and we have already begun productive discussions to make the sport more competitive and even more...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media offers shares to F1 teams
Prospective Formula 1 owners Liberty Media will offer shares in the sport...
9y ago from MotorsportWeek.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
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
Elsewhere On The Network
Popular On MGPToday.com
Ducati: Marc Marquez “helped, protected” Francesco...
No description available...
1d ago from Motorsport.com
Why Aprilia boss is "disappointed" about not...
No description available...
1d ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
3d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
1d ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
2d ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
2d ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Drivers, fans and Liam Lawson enjoy...
No description available...
13h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg survives with healthy...
No description available...
18h ago from Motorsport.com
Solberg steals the show on Saturday
Oliver Solberg and Elliot Edmondson continued where they left off on...
19h ago from MotorsportWeek.c...
WRC Monte Carlo: Oliver Solberg in control, as Elfyn...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal and Manchester United enter race to sign...
Arsenal and Manchester United are reportedly interested in signing Levante...
3h ago from SportsKeeda.com
'That’s a big factor' - Jermain Defoe explains why...
Premier League cult hero and former striker Jermain Defoe has offered an...
5h ago from SportsKeeda.com
Arsenal vs Man Utd LIVE! Neville previews Super Sunday...
No description available...
2m ago from SkySports.com
Selection decisions for Arteta as Man Utd visit
Morning. It's a big one today as Man Utd come to town for our first home...
6h ago from Arseblog.com
Comments
Hottest News
Ferrari announce FIA update over 2026 F1 engine row
A Ferrari F1 chief has revealed there will be an... Read More »
42m ago from GPFans.com
Alpine confirm Horner consortium in talks to buy stake in...
Christian Horner is in talks about an F1... Read More »
52m ago from SkySports.com
Sky Sports F1 insider drops real truth about Ferrari...
Ted Kravitz has helped clear up some social media... Read More »
4h ago from GPFans.com
