Liberty Media’s MotoGP deal ‘expected to close by year-end 2024’
Liberty Media has announced plans to sell F1 shares worth $825m to ‘partially fund’ it’s planned acquisition ofIn April, Liberty agreed to acquire 86% of MotoGP commercial rights holder Dorna Sports S.L., valuing the sport at $4.2 billion.
Upon announcing this week’s sale of over 10 million F1 shares, Liberty confirmed that the end-of-year timeline to complete the MotoGP acquisition remains in place.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Liberty announces $825mn F1 stake sale to fund MotoGP takeoverF1 owner Liberty Media purchased MotoGP in April and is now selling shares to raise funds for the $4.2billion acquisition
Weiterlesen »
F1’s owners Liberty Media under investigation after Andretti entry rejectionLiberty Media are under investigation by the United States Department of Justice over their decision to reject Andretti's F1 entry.
Weiterlesen »
F1 owner Liberty Media facing anti-trust probe over Andretti rejectionThe United States Department of Justice is officially looking into Formula 1 owner Liberty Media's rejection of Andretti Global
Weiterlesen »
Helmut Marko addresses wild Liberty Media theory over Sergio Perez decisionHelmut Marko has batted away suggestions Liberty Media were involved in Red Bull's decision to keep Sergio Perez.
Weiterlesen »
Liberty Media ‘intervened’ in Red Bull’s Sergio Perez decision as wild theory emerges“Without the popular hero Perez, they feared an extreme drop in revenue at the Mexican GP on 27 October.”
Weiterlesen »
Marko: Perez still Red Bull's 'best solution' given the alternativesMarko refutes pressure from Liberty Media to retain Perez until the Mexico Grand Prix
Weiterlesen »