News Details
Formula One Group initiates board shake-up
©WRI2
Formula 1's new owners will begin management changes at the helm of the sport next week, starting with a complete shake-up of its board of directors. According to Sky Sports, all of the existing board members of F1's parent company will be replaced, with the exception of former chairman Peter Brabeck-Letmathe. Prominent figures such as WPP's Sir Martin Sorrell, former Unilever CFO Jean-Marc Huet and former Exxon Mobil Asia boss Chong Seng Kwa will no longer have any involvement with the sport's new commercials rights holder. CVC Capital Partner's Donald Mackenzie, who spearheaded the private equity company's lucrative investment in F1 in 2005, will remain a company director along...
Full Story »
Full Story »
You May Also Be Interested In...
FIA approves Liberty Media's acquisition of Formula 1
The FIA has approved the acquisition of Formula 1 by Liberty Media...
9y ago from MotorsportWeek.com
FIA approve Liberty Media takeover of Formula 1
Formula One's governing body gave its approval on Wednesday to CVC...
9y ago from GrandPrix247.com
Liberty Media shareholders approve F1 takeover
Liberty Media Corp announced that its shareholders voted to approve...
9y ago from GrandPrix247.com
FIA gives green light to Liberty Media for sale of...
FIA gives green light to Liberty Media for sale of Formula 1 The World...
9y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
"Crazy and unfair": Anger over Nicolo Bulega...
No description available...
21h ago from Motorsport.com
Jorge Martin “made us feel wanted” amid current...
No description available...
18h ago from Motorsport.com
Fabio Quartararo: MotoGP should have the same number...
No description available...
1d ago from Motorsport.com
Nicolo Bulega reveals why his riding style ‘could be...
Nicolo Bulega says that aerodynamic factors could give him the edge over...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Jamie Chadwick reveals sponsorship push to help Abbi...
No description available...
2d ago from Motorsport.com
IndyCar details engagement and viewership growth...
The NTT IndyCar Series has compiled a long list of figures that show...
4d ago from MotorsportWeek.c...
Gallery: Felix Rosenqvist's likeness immortalized for...
No description available...
4d ago from Motorsport.com
Face of history: Felix Rosenqvist’s immortal Indy...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg reveals his approach for the three-way...
No description available...
2d ago from Motorsport.com
What we know so far about the WRC’s newest...
No description available...
3d ago from Motorsport.com
WRC rally winning co-driver Terry Harryman passes away
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Martin Odegaard kicked by small man
Morning. Let's start today by reminding everyone what a thunderous little...
55m ago from Arseblog.com
Arsenal linked with sensational move for game-changing...
Arsenal have reportedly made contact over a possible move for Erling...
1h ago from CaughtOffside.com
Arsène Wenger and Arsenal: 30 years on from...
id Dein’s decision to hire the Frenchman ushered in an irreversible era...
25m ago from TheGuardian.com
'Of course, it’s frustrating, no matter where you...
Arsenal star Viktor Gyökeres has admitted that he is frustrated with his...
12h ago from SportsKeeda.com
Comments
Hottest News
Ferrari crisis deepens as Hamilton mood darkens
Sep.28 Ferrari's familiar cycle of early... Read More »
55m ago from OneStopStrategy.com
Norris backlash explodes after Colapinto attack
Sep.28 Lando Norris' demand for Franco Colapinto... Read More »
55m ago from OneStopStrategy.com
Honda find no 'problems' with F1 engine after Fernando...
Chief engineer Shintaro Orihara has revealed that... Read More »
1h ago from GPFans.com
