News Details
Liberty Media offers shares to F1 teams
Prospective Formula 1 owners Liberty Media will offer shares in the sport to teams, the company announced in a statement on Thursday. Liberty Media is poised to acquire 100 per cent of Formula 1, having received approval from its own stakeholders and the FIA, with the sale set to be completed before the end of January. “Liberty Media announced today [Thursday] that it intends to issue cash convertible senior notes in a private offering,” read a statement. “The notes will be convertible into cash in an amount determined by reference to the trading price of shares of Series C Liberty Media common stock ('LMCK'). “Liberty expects to use the net proceeds of the offering...
Full Story »
Full Story »
9y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Liberty Media shareholders approve F1 takeover
Liberty Media Corp announced that its shareholders voted to approve...
9y ago from GrandPrix247.com
Teams turn down Liberty offer to buy shares in F1
XPB Images
Formula 1 teams have turned down Liberty Media's...
9y ago from F1i.com
Liberty reserves shares for teams
Liberty Media is to set aside $400m shares in F1 in the hope that the...
9y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
"Maybe I forgot how to ride a MotoGP" bike,...
No description available...
1h ago from Motorsport.com
Ducati announces Marc Marquez contract extension...
No description available...
2h ago from Motorsport.com
Marc Marquez renews with Ducati through 2028 MotoGP...
Marc Marquez has agreed to a two-year contract extension to remain with...
2h ago from MotorsportWeek.c...
MotoGP bans front holeshot devices immediately, tweaks...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
HRC US boss apologizes to Armstrong for “failure”...
No description available...
13h ago from Motorsport.com
How Christian Lundgaard went from zero to hero at Road...
No description available...
17h ago from Motorsport.com
Will Power and Graham Rahal at odds over last lap...
On the final lap of Sunday’s IndyCar event from Road America, veterans...
21h ago from MotorsportWeek.c...
David Malukas upbeat despite another near miss for...
On Sunday’s IndyCar race from Road America, David Malukas crossed the...
16h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Vital step made towards USA return on 2027 WRC calendar
No description available...
3d ago from Motorsport.com
FIA president sets timeline to announce new WRC...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera ready to resume motorsport career...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal risk losing valuable squad depth due to Real...
Arsenal could face an uncomfortable summer battle, with Real Madrid...
54m ago from CaughtOffside.com
Insider drops major Arsenal hint as Julian Alvarez...
Arsenal may have been handed a major boost in their pursuit of Julián...
34m ago from CaughtOffside.com
Bid imminent: Arteta wants 14-goal hitman at Arsenal...
Arsenal are expected to make a bid for Aston Villa attacker Morgan Rogers,...
1h ago from CaughtOffside.com
Odegaard assists, Messi breaks the record, Rogers and...
Morning all. Let's start with the Arsenal interest in yesterday's games,...
3h ago from Arseblog.com
Comments
Hottest News
Lewis Hamilton F1 title boost as Ferrari engine upgrade...
Ferrari's latest upgrade could really put them in... Read More »
1h ago from GPFans.com
FIA announce tweaks to F1 rules as new regulations confirmed
The World Motor Sport Council has formally... Read More »
44m ago from RacingNews365.com
Vowles wants Sainz talks as Audi rumours re-emerge
Jun.23 James Vowles has insisted Carlos Sainz... Read More »
1h ago from OneStopStrategy.com
