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Formula 1 Sold to US Media Firm for $4.4B
Formula 1 Sold to US Media Firm for $4.4B U.S. company Liberty Media has agreed to purchase Formula 1 for a total of about $4.4 billion. An 18.7 percent stake in the F1 racing league will be held by Liberty Media immediately while the full sale of F1 could be finished as early as the first quarter of 2017. F1’s current CEO Bernie… more
Source: http://www.autoguide.com/auto-news/2016/09/formula-1-sold-to-us-media-firm-for-4-4b.html
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