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1. • • ENGLEWOOD, Colo. & LONDON-- (BUSINESS WIRE)-- Liberty Media Corporation ("Liberty Media") (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, LMCA, LMCK) and Delta Topco, the parent company of Formula 1 (Delta Topco herein referred to as "Formula 1" or “F1”) announced today that Liberty Media has completed its previously announced acquisition of F1, the iconic global motorsports business, from a consortium of sellers (the “Selling Shareholders”).
     www.libertymedia.com/investors/news-events/press-releases/detail/305/liberty-media-corporation-completes-acquisition-of-formula-1

     Liberty Media Corporation Completes Acquisition of Formula 1

2. People also ask

   How did Liberty Media acquire F1 1?

   • The consideration for Liberty Media’s acquisition of 100% of the shares of F1 (1) was comprised of cash and newly issued Series C shares of the Liberty Media Group tracking stock (“LMCK”) and a debt instrument exchangeable into shares of LMCK.

   Liberty Media Corporation Completes Acquisition of Formula 1

   www.libertymedia.com/investors/news-events/press-releases/detail/305/liberty-media-corporation-completes-acquisition-of-formula-1

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   How much money did Liberty Media use to buy Formula One?

   • This article is more than 6 years old. Liberty Media Corporation (LMC) used just $301 million of its own cash to buy Formula One auto racing in January according to a detailed analysis of its latest filings which reveals that the bulk of the $4.6 billion acquisition was funded with debt, a share offering and a loan that can be exchanged for shares.

   Revealed: How Liberty Media Bought Formula One For $301 Million

   www.forbes.com/sites/csylt/2017/08/15/revealed-how-liberty-media-bought-formula-one-for-301-million/

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   Who will own Formula One after the acquisition?

   • After the acquisition is completed, Liberty Media will own Formula One. It will be attributed to the Liberty Media Group, which will be renamed the Formula One Group.

   Liberty Media Corporation Agrees to Acquire Formula One

   www.libertymedia.com/investors/news-events/press-releases/detail/139/liberty-media-corporation-agrees-to-acquire-formula-one

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   Who owns F1?

   • Liberty Media Corporation and Delta Topco, the parent company of Formula 1 announced today that Liberty Media has completed its previously announced acquisition of F1, the iconic global motorsports business, from a consortium of sellers.

   Liberty completes F1 acquisition - Formula 1

   www.formula1.com/en/latest/article/liberty-completes-f1-acquisition.3zzGTfOwC4OkEc8EAKMKKw

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   What happens if Liberty Media Group acquires Formula One?

   • If the Liberty Media Group acquires Formula One, the company will be renamed the Formula One Group and the ticker symbols for the Series A, Series B and Series C Liberty Media Group tracking stocks will be changed from LMC (A/B/K), respectively, to FWON (A/B/K), respectively. Formula One will remain based in London.

   Liberty Media Corporation Agrees to Acquire Formula One

   www.libertymedia.com/investors/news-events/press-releases/detail/139/liberty-media-corporation-agrees-to-acquire-formula-one

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   How much money did LMC invest in Series C Liberty Formula One?

   • Accordingly, LMC’s filings state that the total consideration at the time of closing was “comprised of $3.05 billion of cash (including the investments made under the first purchase agreement during 2016) and approximately $1.6 billion represented by approximately 56 million newly issued shares of Series C Liberty Formula One common stock.”

   Revealed: How Liberty Media Bought Formula One For $301 Million

   www.forbes.com/sites/csylt/2017/08/15/revealed-how-liberty-media-bought-formula-one-for-301-million/

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3. www.formula1.com › en › latestLiberty completes F1 acquisition - Formula 1

   www.formula1.com › en › latest

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   Liberty completes F1 acquisition. 23 January 2017. Liberty Media Corporation and Delta Topco, the parent company of Formula 1 announced today that Liberty Media has completed its previously announced acquisition of F1, the iconic global motorsports business, from a consortium of sellers.

4. www.forbes.com › sites › csyltRevealed: How Liberty Media Bought Formula One For ... - Forbes

   www.forbes.com › sites › csylt

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   Aug 15, 2017 · Liberty Media Corporation bought Formula One auto racing for $4.6 billion in January and new analysis shows that it only put in $301 million of its own cash to do it.

5. Videos

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6. www.libertymedia.com › investors › news-eventsLiberty Media Corporation Agrees to Acquire Formula One

   www.libertymedia.com › investors › news-events

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   Sep 7, 2016 · Initial sale of 18.7% minority stake in Formula One, with 100% sale subject to satisfaction of conditions.

7. www.digitaltrends.com › cars › formula-one-sold-toFormula One Sold To U.S.-Based Liberty Media | Digital Trends

   www.digitaltrends.com › cars › formula-one-sold-to

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   Sep 7, 2016 · Over the weekend, several European news outlets reported the sale of a majority stake in F1 by current owner CVC, which has been looking to unload it for some time, to Liberty Media for $8.5...

8. www.hollywoodreporter.com › business › business-newsLiberty Media CEO Says Formula One Circuit Not For Sale

   www.hollywoodreporter.com › business › business-news

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   May 16, 2023 · Liberty Media CEO Greg Maffei has poured water on speculation Saudi Arabia’s sovereign wealth fund is looking to mount a takeover bid for Formula One.

9. www.motortrend.com › features › formula1-libertyAn Analysis of Formula 1's Purchase by Liberty Media - MotorTrend

   www.motortrend.com › features › formula1-liberty

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   Sep 12, 2016 · The purchase of Formula 1 by U.S.-based Liberty Media has caused quite a stir this week, not least because the new owner has strong links in the sports and entertainment industries. But...