News Details
Marchionne pondering investment in F1, but wants more clarity
XPB Images
Ferrari CEO Sergio Marchionne is considering an investment in the Formula One Group as proposed by F1's new owners. Liberty Media has set aside an allocation of 19 million shares of its publicly traded entity FWONK destined to be sold to the sport's teams at a favourable price but with specific terms. So far teams have been reluctant to follow up on the offer as the deal includes many unknowns. During yesterday's conference call with analysts following the publication of Ferrari's 2016 results, Marchionne expressed interest in acquiring a stake in F1, albeit with a few caveats. "We are considering acquiring shares in Formula 1, and we discuss it with the new...
Full Story »
Full Story »
You May Also Be Interested In...
Ferrari wants Liberty to outline its plans for F1's...
Ferrari says it wants clarity from Formula 1's new owners Liberty Media...
8y ago from Motorsport.com
Ferrari working 'round the clock' to finish 2017 car -...
Ferrari are working 'round the clock' to finish their car before...
8y ago from MotorsportWeek.com
Ferrari delivers higher sales and profits to investors...
XPB Images
Sergio Marchionne promised to deliver improved...
8y ago from F1i.com
Ferrari eyes innovative piston solution thanks to 3D...
Ferrari is looking towards 3D printing technology in a bid to introduce an...
8y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
9h ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
1d ago from Motorsport.com
Trackhouse Aprilia launches two liveries ahead of 2026...
Trackhouse Aprilia satellite team has launched its two new liveries in...
1d ago from MotorsportWeek.c...
Yamaha admits 2026 MotoGP performance will decide...
Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Ed Carpenter Racing reveals multiple organizational...
No description available...
1d ago from Motorsport.com
Will Power sees ‘all the ingredients’ for a...
Will Power is approaching the beginning of his new IndyCar chapter, with...
1d ago from MotorsportWeek.c...
Ed Carpenter to contest 23rd Indianapolis 500
Owner of the Ed Carpenter Racing IndyCar team Ed Carpenter will race in...
1d ago from MotorsportWeek.c...
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Can Lancia enjoy success on its anticipated WRC return?
No description available...
6h ago from Motorsport.com
The headaches facing WRC crews ahead of a ‘proper...
No description available...
7h ago from Motorsport.com
Sebastien Ogier still has motivation “to go for...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Report: Mikel Arteta sets sights on signing mercurial...
Arsenal are interested in signing the Brazilian defender Iago Machado. The...
1h ago from CaughtOffside.com
Champions League review: Bodø/Glimt stun again as...
enal remained on top of the Champions League on the penultimate matchday...
3h ago from TheGuardian.com
Paul Merson predicts Arsenal vs Manchester United and...
There is no competition that is as hard as the Premier League! Liverpool...
5h ago from SportsKeeda.com
Talks held: Latest on Arsenal & Barcelona...
Arsenal and Barcelona could reportedly be set for a major transfer battle...
6h ago from CaughtOffside.com
Comments
Hottest News
F1: Mercedes W17 hits the track
The Mercedes W17 has made its track debut at... Read More »
2h ago from Pitpass.com
Cadillac F1 team banned from using Formula 1 name
Cadillac F1 team principal Graeme Lowdon has... Read More »
1h ago from GPFans.com
FIA boss looking to avoid F1 court case over alleged engine...
FIA single-seater director Nikolas Tombazis has... Read More »
24m ago from GPFans.com
