News Details
Formula 1 teams welcome Liberty Media takeover
Formula 1 teams have welcomed the takeover of the sport's commercial arm by US group Liberty Media. Liberty has bought an initial 18% of the F1 Group and will become the main shareholder with 35.3% when the deal is completed, due to be in early 2017. Red Bull team boss Christian Horner said: "It sounds very positive. I can't believe a serious group like Liberty would buy F1 without a long-term plan. "Hopefully, they can address some of the weaknesses we have in some areas." Horner singled out F1's struggles to penetrate the US market and exploit digital and social media platforms effectively. His views were echoed by Mercedes F1 boss Toto Wolff, who said: "Christian and...
Full Story »
Full Story »
You May Also Be Interested In...
Rosberg: I am excited about Liberty coming into...
Nico Rosberg has welcomed Liberty Media's takeover of Formula One with...
7y ago from GrandPrix247.com
Rosberg expects Liberty to bring new ideas
Nico Rosberg has welcomed Liberty Media's takeover of Formula One with the...
7y ago from SuperSport.com
Formula 1 teams keen on buying into sport
Formula 1 teams are open to the concept of buying into the sport's...
7y ago from GrandPrix247.com
Horner: Liberty takeover is positive for Formula 1
Red Bull team principal Christian Horner believes Liberty Media's...
7y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Pedrosa says 'unexpected' MotoGP return pushed by...
No description available...
2h ago from Motorsport.com
Quartararo: Yamaha MotoGP satellite team "must be...
No description available...
2h ago from Motorsport.com
Fernandez to ride 2024 Aprilia MotoGP bike from Jerez...
Trackhouse Aprilia rider Raul Fernandez will ride the 2024 spec bike when...
3h ago from MotorsportWeek.c...
What is a wildcard in MotoGP and why is it used?
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
McLaughlin disputes IndyCar's claim that rules...
Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...
12h ago from MotorsportWeek.c...
McLaughlin issues statement following St. Pete...
No description available...
12h ago from Motorsport.com
Full-time IndyCar move “an option” says supersub...
No description available...
15h ago from Motorsport.com
O’Ward retroactively given St. Pete win after Team...
The NTT IndyCar Series announced on Wednesday that all three Team Penske...
23h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
1d ago from Motorsport.com
Auction raises more than 50K for Craig Breen Foundation
No description available...
1d ago from Motorsport.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
2d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Ashley Cole explains the difference between playing...
No description available...
50m ago from SportsKeeda.com
'It looks a bit crass' - Mesut Ozil trying to emulate...
No description available...
6h ago from SportsKeeda.com
Flexibility breeds resilience
Jurrien Timber marked his return from injury this week with an outstanding...
1h ago from Arseblog.com
Chelsea superstar ruled out of rest of 2023-24...
No description available...
3h ago from SportsKeeda.com
Comments
Hottest News
Audi agree LONG-TERM F1 deal with star driver
Audi have agreed a long-term deal for the first... Read More »
6h ago from GPFans.com
Rosberg reveals financial toll of rivalry with Hamilton
Nico Rosberg recently shed light on an intriguing... Read More »
3h ago from F1i.com
F1: Mercedes seeks to cure W15's 'underlying balance' issue
Admitting that the team was to blame for Lewis... Read More »
40m ago from Pitpass.com