The deal is confirmed
Liberty Media has announced its intention to acquire the commercial rights to Formula 1, with Chase Carey being named as chairman, and Bernie Ecclestone staying on as CEO. Liberty Media has completed the acquisition of 18.7 percent of the business for $746 million, funded entirely in cash (this is actually a payment of $821 million […]
Liberty Media has announced its intention to acquire the commercial rights to Formula 1, with Chase Carey being named as chairman, and Bernie Ecclestone staying on as CEO. Liberty Media has completed the acquisition of 18.7 percent of the business for $746 million, funded entirely in cash (this is actually a payment of $821 million […]
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