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1. • • Liberty Media agreed to buy the Formula One Group in late 2016 from long-time owner Bernie Ecclestone for US$4.4 billion (£3.3 billion), with the deal being finalised in January 2017 for a whopping US$4.6 billion (£3.44 billion) price fee.
     www.gpblog.com/en/news/282500/who-are-the-liberty-media-the-owners-of-formula-1.html

     Who are Liberty Media, the owners of Formula 1?

2. People also ask

   Will Liberty Media take over F1?

   • The news comes a day after Liberty Media shareholders agreed to proposals related to the £6 billion takeover and a change of name to the Formula One Group. Liberty Media bought an initial 18.7 per cent stake in the sport in September and since then have been working to clear the relevant hurdles in order to take a controlling stake in F1.

   Liberty Media's F1 takeover unanimously approved by FIA

   www.skysports.com/f1/news/12433/10733083/f1-takeover-edges-closer-as-liberty-media-shareholders-approve-deal

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   Did Liberty Media buy Formula 1?

   • Liberty Media ( FWONA) agreed to buy Formula 1 from a selling consortium including CVC for $4.4 billion in 2016. Also see SA contributor Tudor Invest Holdings' piece from last month entitled "Formula One Group: Earnings Growth, But No Clear Path To Shareholder Remuneration."

   Saudi Wealth Fund considered bid for Formula 1 racing for more than $…

   www.msn.com/en-us/money/other/saudi-wealth-fund-considered-bid-for-formula-1-racing-for-more-than-20b-report/ar-AA16yUCb

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   Does Liberty Global own Formula E?

   • Liberty Global’s total share of ownership in Formula E jumps to 65% and means that they now have the controlling interest in the racing series after buying out Warner Brothers/Discovery’s interest. Financial terms were not immediately revealed due to regulatory approval. Liberty Global said they would announce with closing by year end.

   Liberty Global Purchases Majority Stake Of Formula E From Warner Bros…

   www.forbes.com/sites/maurybrown/2024/06/13/liberty-global-purchases-majority-stake-of-formula-e-from-warner-brosdiscovery/

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   Does Liberty's F1 streaming service drive up F1's revenue?

   • Although Liberty launched a streaming service for F1 in May 2018, it has been plagued with problems so that too hasn't driven up F1's revenue. As we revealed, its revenue from subscription based services came to just $6.1 million last year with broadcasting bringing in a total of $603.9 million.

   Liberty Media Reveals Stalled Talks Over F1 Acquisitions

   www.forbes.com/sites/csylt/2019/12/14/liberty-media-reveals-stalled-talks-over-f1-acquisitions/

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3. www.gpfans.com › en › f1-newsWhy F1 empire could be heading for BATTLE with FIA

   www.gpfans.com › en › f1-news

   • Cached

   Jun 14, 2024 · Formula 1 is about to be brought a step closer to one of its rival series, after a company under the same umbrella as F1 owners Liberty Media agreed to take on a majority stake in the electric racing series Formula E.

   • Author: Daniel Austin

4. www.forbes.com › sites › maurybrownLiberty Global Purchases Majority Stake Of Formula E From ...

   www.forbes.com › sites › maurybrown

   • Cached

   Jun 13, 2024 · Formula E is in the midst of their 10th season which saw a midseason technology shift in their GEN3 EVO car which sees acceleration surpassing F1 cars and will see the GEN4 car debut in...

   • Author: Maury Brown

5. Videos

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     youtube.com

     F1: Liberty Media to ring the changes

     Feb 1, 2017

     4.4K Views

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     4:04

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     Liberty Media CEO on Formula 1: We made a large investment because we believe in the sport

     Nov 15, 2023

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     WHAT LIBERTY MEDIA HAS DONE FOR F1

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6. www.hollywoodreporter.com › business › business-newsLiberty Global Acquires Majority Stake in Formula E in Deal ...

   www.hollywoodreporter.com › business › business-news

   • Cached

   Jun 13, 2024 · Malone’s Liberty Global on Thursday announced a deal to buy out Warner Bros. Discovery’s stake in the Formula E racing circuit, which hosts electric car races in cities around the world.

7. finance.yahoo.com › news › liberty-media-gainsLiberty Media Gains Controlling Interest in Formula E After ...

   finance.yahoo.com › news › liberty-media-gains

   • Cached

   Jun 13, 2024 · A publicly traded company led by billionaire John Malone, Liberty Global announced Thursday it is in the process of acquiring WBD’s 25% equity in Formula E, which is in its 10th racing season....

8. racer.com › 2024/06/13 › liberty-global-to-purchaseLiberty Global to purchase controlling stake in Formula E

   racer.com › 2024/06/13 › liberty-global-to-purchase

   • Cached

   Jun 13, 2024 · The telecommunications giant is separate to the American mass media company Liberty Media, which owns Formula 1 and will soon own MotoGP, meaning that the purchase will not bring Formula E under the same umbrella as F1. The two will remain entirely independent of one another.

9. www.sportsbusinessjournal.com › Articles › 2024Liberty Global buys Warner Bros. Discovery's stake in Formula E

   www.sportsbusinessjournal.com › Articles › 2024

   • Cached

   Jun 13, 2024 · Liberty Global today reached a deal to buy out Warner Bros. Discovery’s stake in the Formula E racing circuit, which hosts electric car races in cities around the world.

10. www.reuters.com › sports › formula1Liberty Global takes controlling stake in Formula E | Reuters

    www.reuters.com › sports › formula1

    Jun 13, 2024 · Liberty Media already controls F1, taking over MotoGP. LONDON, June 13 (Reuters) - Liberty Global is taking a 65% stake in the Formula E electric car racing world championship after buying...