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Apr 16, 2023 · While the FIA own the series from a sporting perspective, the Formula One Group, under parent company Liberty Media, own the rights to the commercial side of the sport. Who are Liberty Media?
The Group was previously owned by Delta Topco, a Jersey -based company owned primarily by investment companies CVC Capital Partners, Waddell & Reed, and LBI Group, with the remaining ownership split between Bernie Ecclestone, other investment companies, and company directors. It was bought by Liberty Media in 2017. [2]
Jan 23, 2017 · The aggregate number of LMCK shares issued at the F1 closing was allocated as follows: approximately 56 million to the Selling Shareholders, 62 million to the third party investors and approximately 19 million into treasury.
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.
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.
Jun 19, 2022 · In January 2017, Liberty Media Corporation finalized the deal of buying Formula One. They purchased F1 from the parent company Delta Topco for US$4.6 billion lifting the overall transaction value to $8 billion. US Media giant Liberty Media Corporation is owned by billionaire John Carl Malone.
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Sep 8, 2016 · Liberty Media now takes over from the Luxembourg-based investment fund CVC Capital Partners as the new owner of Formula 1 - subject to approval by regulators.
