Liberty Media Formally Complete Their Takeover Of Formula One

Liberty Media Formally Complete Their Takeover Of Formula One

The American Liberty Media Corporation confirmed on Monday evening that they have completed their purchase of Formula One. Liberty Media released the following statement, first from Gregg Maffei, President and CEO of Liberty Media Corporation commented by saying: We...
Carey Replaces Ecclestone As F1 CEO

Carey Replaces Ecclestone As F1 CEO

Bernie Ecclestone’s forty plus years involvement came to an end on Monday evening with the 86 year old confirming he has been ‘deposed’ as Formula One CEO by new owners Liberty Media. Mr Ecclestone has been replaced by Chase Carey, the vice chairman...
Liberty Media Buys Formula One As Ecclestone Stays On

Liberty Media Buys Formula One As Ecclestone Stays On

It’s official! Following months of speculation Formula One has been sold to American firm Liberty Media in a deal worth £6 billion. Liberty is backed by US media tycoon John Malone and the deal will see 20th Century Fox board member Chase Carey appointed as the...