News Details
Formula 1 snub shares offered by Liberty Media
Liberty Media Corporation announced that the investment opportunity offered to Formula 1 teams to purchase up to approximately 19 million shares of Series C Formula One common stock has expired. The Formula 1 teams were offered the opportunity to invest at a per share purchase price of $21.26 at the time of Liberty's acquisition (the 'Formula 1 Acquisition') of Delta Topco Limited, the parent company of Formula 1, on January 23, 2017, and subject to a six month investment review process. Chase Carey, Chairman and CEO of Formula 1, said, 'We have been actively engaged with all teams to shape a shared vision for the sport that will create real value for all stakeholders. While the window for...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Teams reject opportunity to buy F1 shares
Teams have rejected the opportunity to invest in the F1 business after the...
8y ago from Motorsport.com
Hey kid…wanna buy some F1 stock? ‘No...
F1 News Hey kid…wanna buy some F1 stock? ‘No thanks, mister'...
8y ago from Formula1Blog.com
London, Silverstone Festivities Proof of Liberty...
Following the success of F1 Live London and the change in format for the...
8y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
Rival MotoGP teams offering "a lot of money"...
No description available...
31m ago from Motorsport.com
Marc Marquez admits ‘my body will force me to retire...
No description available...
1d ago from Motorsport.com
Ducati anticipates ‘2024 version’ of Francesco...
Ducati Team Manager Davide Tardozzi is “very confident” Francesco...
1d ago from MotorsportWeek.c...
Honda completes another test with 2027 bike as Ducati...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
2d ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
2d ago from Motorsport.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
2d ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Loeb after 13 Dakar punctures: Cars now...
No description available...
1h ago from Motorsport.com
Nani Roma: Dakar 2026 at 'F1 level' after close fight
No description available...
20h ago from Motorsport.com
Dakar 2026: Dacia edges Ford and Toyota as Nasser...
No description available...
1d ago from Motorsport.com
Luciano Benavides defeats Ricky Brabec by two seconds...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'I saw it live, I saw it here. I saw it now again' -...
Arsenal manager Mikel Arteta believes his side were denied a clear penalty...
11m ago from SportsKeeda.com
Nottingham Forest 0-0 Arsenal: Gunners misfire to...
Match report – Player ratings – Arteta reaction – Quotes...
4h ago from Arseblog.com
Arsenal star Declan Rice's X-rated reaction after...
Declan Rice was pissed following Arsenal’s 0-0 draw against Nottingham...
6h ago from SportsKeeda.com
Arteta: Arsenal denied 'clear penalty' after Aina...
Mikel Arteta believes his Arsenal side should have been given a...
16h ago from SkySports.com
Comments
Hottest News
Red Bull confirm Max Verstappen as 2025 champion as Lewis...
A former FIA steward has suggested that former... Read More »
1h ago from GPFans.com
Red Bull crown Verstappen 2025 F1 champion
Nothing's real if you just straight-up refuse to... Read More »
1h ago from GPFans.com
Helmut Marko shares the truth about Max Verstappen's Red...
Former Red Bull F1 chief Helmut Marko has set the... Read More »
3h ago from GPFans.com
