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- Formula 1's governing body the FIA has approved the sale of the sport's commercial rights to Liberty Media. The US company is in the process of finalising a purchase of a controlling interest in Formula 1.
www.bbc.com/sport/formula1/38668906
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Apr 16, 2023 · Who are Liberty Media? The owner of the Formula One Group is an American mass media company called Liberty Media Corporation owned by billionaire John Carl Malone.
Jan 23, 2017 · 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 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.
Jan 23, 2022 · Soon after Liberty Media took over control of the sport’s commercial rights, it was announced that Formula 1 would phase out the old practice of models on the grid and replace them with ‘future stars’ – young children from the host nations of each grand prix acting as mascots to accompany drivers prior to a race, similar to those who ...
Aug 8, 2024 · The U.S. Department of Justice has opened an antitrust investigation into Liberty Media, the American company that owns the commercial rights to Formula 1, over its refusal to admit the...
The World Motor Sport Council has unanimously approved the change of control of Delta Topco Limited (the holding company of the Formula One Group and thus the owner of the Commercial Rights of the FIA Formula One World Championship) from CVC Capital Partners in favour of Liberty Media Corporation at an extraordinary meeting today in Geneva.
Sep 7, 2016 · After completion of the acquisition, Liberty Media will own Formula One and it will be attributed to the Liberty Media Group which will be renamed the Formula One Group.
