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Liberty Media receive FIA approval for Formula One takeover
The World Motorsport Council gathered in Geneva today for an extraordinary meeting to discuss the potential takeover of Formula One by the Liberty Media Corporation. Two statements released after the meeting reveal that the acquisition has the approval of everyone involved, with CVC transferring their entire shareholding to the new owners Liberty Media Corporation.
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The World Motorsport Council gathered in Geneva today for an extraordinary meeting to discuss the potential takeover of Formula One by the Liberty Media Corporation. Two statements released after the meeting reveal that the acquisition has the approval of everyone involved, with CVC transferring their entire shareholding to the new owners Liberty Media Corporation.