News Details
Formula 1 takeover must clear two hurdles
Formula 1 takeover must clear two hurdles F1's sale to US tycoon John Malone's Liberty Media is yet to clear two significant hurdles. The first is the approval of the sport's governing body, the FIA. FIA president Jean Todt said in a statement that while he welcomes the 'long-term investment' by an impressive company, the FIA needs 'further information' about the 'possible consequences' of the deal. The second hurdle is the European Commission. Firstly, the EC must simply approve a transaction of this sort, but F1 business journalist Christian Sylt also warned of a potential 'conflict of interest'. That is because the FIA has a dual role as an approver of the buyout deal as well as a...
Full Story »
Full Story »
9y ago from ThisIsF1.com
0
You May Also Be Interested In...
FIA and EU Commission hurdles remain for Liberty buyout
Formula 1's sale to US tycoon John Malone's Liberty Media is yet to clear...
9y ago from GrandPrix247.com
FIA welcomes Liberty Media F1 takeover, keen to know...
The FIA has welcomed Liberty Media’s takeover of Formula 1, but...
9y ago from GrandPrixTimes.com
Todt: FIA look forward to working closely with Liberty...
The FIA, the governing body of the Formula One World Championship, was...
9y ago from GrandPrix247.com
FIA welcomes Liberty Media's F1 takeover
– Formula 1's governing body, the FIA, says it welcomes the arrival...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Fernando Alonso: No normal person could achieve what...
No description available...
8h ago from Motorsport.com
MotoGP breaks attendance records in 2025; only two...
No description available...
1d ago from Motorsport.com
Motorsport Week's Top 10 MotoGP riders of 2025
The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...
2d ago from MotorsportWeek.c...
22 MotoGP rounds are “too many for the body”,...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
1w ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
1d ago from Motorsport.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
4d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 2-1 Brighton: Gunners go back on top after...
Match report – Player ratings – Arteta reaction – Video...
14h ago from Arseblog.com
'It was an unbelievable performance' - Martin Odegaard...
Arsenal captain Martin Odegaard heaped praise on teammate Declan Rice...
5h ago from SportsKeeda.com
Arsenal fan Anne Hathaway shares cheeky 'Owen goal'...
Arsenal fan Anne Hathaway shared a social media message referencing...
5h ago from SportsKeeda.com
'He's maybe one we should have tried to grab' - Steven...
Liverpool legend Steven Gerrard believs the club made a mistake by not...
5h ago from SportsKeeda.com
Comments
Hottest News
Oscar Piastri's Mum makes hilarious gag after F1 star's...
Oscar Piastri's mum has made a hilarious gag on... Read More »
41m ago from GPFans.com
Legendary F1 circuit undergoes renovations and it could be...
New photos have been released regarding the... Read More »
4h ago from GPFans.com
F1MATHS - Who acted as team principals in 2025?
A Formula One team boss — officially called a... Read More »
1h ago from F1Technical.net
