News Details

US media companies eye major F1 stake

US media companies Liberty and Discovery have moved to buy a major stake in formula one from CVC, according to reports. The New York Post said the bid is headed by John Malone, but Reuters and the Telegraph said the talks about a 49 per cent sale are only at an early stage. Writing in the Telegraph, journalists Katherine Rushton and Christian Sylt said the bid is in direct competition with News Corp's Rupert Murdoch, who in 2011 was reported to be interested in buying the sport. CVC would not comment, but F1 chief executive Bernie Ecclestone said he was not specifically aware of the Malone bid. "You've got all these people that buy and sell companies, like people that buy and sell...
Full Story »
3y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Liberty and Discovery seek to buy big stake in Formula...

Liberty and Discovery seek to buy big stake in Formula 1 4 February, 2014...
3y ago from GrandPrix247.com

Ecclestone has 'never heard anything about' rumoured...

Bernie Ecclestone has said that he is unaware of a takeover bid for...
3y ago from Pitpass.com

Kehm: We do not comment on speculation

– Sabine Kehm, manager to Michael Schumacher, has reiterated that...
3y ago from GPUpdate.net

'F1 team principal role outmoded'

Formula One teams no longer need a traditional principal at the helm...
3y ago from SuperSport.com

Elsewhere On The Network

Popular On MGPToday.com

Viñales 'can't explain' Dutch GP accident

– Maverick Viñales admitted he was at a loss to explain his...
29m ago from GPUpdate.net

MotoGP Assen: Chassis changes finally give Rossi...

After suffering corner-entry problems all season, Rossi now has a MotoGP...
16h ago from BikeSportNews.com

Rossi: MotoGP title race 'unbelievable'

– Yamaha rider Valentino Rossi has labelled the MotoGP title battle...
22h ago from GPUpdate.net

Rossi ends win drought in Assen thriller

– Valentino Rossi captured his first MotoGP victory in over a year...
1d ago from GPUpdate.net

Popular On IndyCarToday.com

Video of the Day: Road America highlights

Watch race highlights from the Kohler Grand Prix at Road America as Scott...
4h ago from GPUpdate.net

Road America to bring back $100 IndyCar ticket

The mark of a great event is when you have a good crowd and people want...
13h ago from Racer.com

IndyCar video: Kohler GP recap

Recapping all the weekend action from the Kohler Grand Prix at Road...
15h ago from Racer.com

RACER's IndyCar Road America race recap

RACER's Marshall Pruett and Robin Miller break down the Kohler Grand Prix...
1d ago from Racer.com

Popular On TotalWRC.com

Poland countdown: Rally route

Pace rises as WRC arrives in Poland
18h ago from WRC.com

Video: Neuville's domestic drama

Belgian barrel rolls in front of his home crowd
19h ago from WRC.com

Yaris set for Poland speed test

High-speed roads should suit the Finnish-based team
1d ago from WRC.com

Ogier completes first full M-Sport test

Sebastien Ogier has completed his first full test in M-Sport's Ford Fiesta...
3d ago from EuroSport.com

Popular On GunnersToday.com

Premier League title odds: Every team's chances of...

Premier League title odds 2017/18 Mon, June 26, 2017 Which side is...
3h ago from Express.co.uk

Which Premier League manager is the favourite to be...

RANK DE BOER's appointment as Crystal Palace manager means every Premier...
1h ago from DailyStar.co.uk

Barcelona News: Man Utd eying Neymar, Messi watching...

Manchester United are keen on signing Barcelona star Neymar this summer,...
1h ago from Express.co.uk

Comments

Hottest News

Ecclestone: 'Hamilton tried to put Vettel in trouble'

Bernie Ecclestone knows a bad move when he sees... Read More »
15h ago from F1i.com

Reaction to Vettel's road rage in Baku

The Azerbaijan Grand Prix produced the incident... Read More »
1h ago from GrandPrix247.com

Recent News

2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.