Motorsport Week
  • Formula 1
    • 2025 Formula 1 Calendar
    • 2025 Formula 1 Standings
  • Formula E
    • 2025 Formula E Calendar
    • 2025 Formula E Standings
  • IndyCar
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WRC
    • 2025 WRC Standings
    • 2025 WRC Calendar
  • MotoGP
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
  • WEC
    • 2025 WEC Calendar
  • IMSA
    • 2025 IMSA Calendar
  • World SBK
  • More
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
    • Technical Insight
    • Galleries
    • About/Contact
    • Privacy Policy
No Result
View All Result
  • Formula 1
    • 2025 Formula 1 Calendar
    • 2025 Formula 1 Standings
  • Formula E
    • 2025 Formula E Calendar
    • 2025 Formula E Standings
  • IndyCar
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WRC
    • 2025 WRC Standings
    • 2025 WRC Calendar
  • MotoGP
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
  • WEC
    • 2025 WEC Calendar
  • IMSA
    • 2025 IMSA Calendar
  • World SBK
  • More
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
    • Technical Insight
    • Galleries
    • About/Contact
    • Privacy Policy
No Result
View All Result
Motorsport Week

US billionaire interested in buying F1 from CVC

by
11 years ago
A A
0
Share on FacebookShare on Twitter

Reports about potential bids to buy or take control of the Formula One Group come and go fairly often. In 2011 Rupert Murdoch was rumoured to have looked at the idea and a potential stock market flotation is still on the cards, albeit in the distant future now.

Some are taken seriously, others aren’t. The latest rumour however should be taken with some credibility due to the billionaire’s background and recent acquisitions.

John Malone’s Liberty Media and Discovery Communications has reportedly approached F1’s current owner, CVC Capital Partners, about purchasing its 35 per cent stake and 100 per cent voting rights’ as well as LBI Group Inc’s 12.3 per cent stake – which has to be offloaded by June – to give it control of the sport.

Malone, through Liberty Media, recently purchased the UK’s second-largest pay-TV company, Virgin Media, and has been expanding his broadcasting presence across Europe with further acquisitions which include Telenet, Eurosport and stakes in several others to give Liberty a presence in 12 European countries as well as becoming the world’s largest broadband provider.

RelatedPosts

Kevin Estre puts Porsche top at Interlagos in second WEC practice

Kevin Estre puts Porsche top at Interlagos in second WEC practice

8 hours ago
Dark clouds engulfed Iowa Speedway before the heavens opened. Photo: Kevin Dejewski

Severe weather disrupts IndyCar practice from Iowa

9 hours ago

Taking control of a European focussed sport such as F1 would give Malone greater broadcasting power and it would allow him to further exploit the broadcasting rights.

The American businessman is also Murdoch’s main competitor, so to take control of F1 would give him the power to take the sport away from Murdoch’s BSkyB in the UK and move it to Virgin Media.

Share197Tweet123Share

Related Posts

Kevin Estre puts Porsche top at Interlagos in second WEC practice
WEC

Kevin Estre puts Porsche top at Interlagos in second WEC practice

8 hours ago
Dark clouds engulfed Iowa Speedway before the heavens opened. Photo: Kevin Dejewski
IndyCar

Severe weather disrupts IndyCar practice from Iowa

9 hours ago
Max Verstappen has been linked with a move to Mercedes
Formula 1

Max Verstappen and Toto Wolff tracked to Italian island amid speculated meeting

10 hours ago
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You can manage the subscriptions of this post.

Latest News

Kevin Estre puts Porsche top at Interlagos in second WEC practice

Kevin Estre puts Porsche top at Interlagos in second WEC practice

July 11, 2025
Dark clouds engulfed Iowa Speedway before the heavens opened. Photo: Kevin Dejewski

Severe weather disrupts IndyCar practice from Iowa

July 11, 2025
Max Verstappen has been linked with a move to Mercedes

Max Verstappen and Toto Wolff tracked to Italian island amid speculated meeting

July 11, 2025
Motorsport Week

© 2024 Motorsport Media Services Ltd

Other Links

  • About & Contact
  • Privacy Policy
  • Motorsport Monday

Follow Us

No Result
View All Result
  • Login
  • Sign Up
  • Home
  • Formula 1
    • Latest News
    • 2025 F1 Calendar
    • 2025 F1 Championship Standings
  • Formula E
    • Latest News
    • 2025 FE Calendar
    • 2025 FE Championship Standings
  • MotoGP
    • Latest News
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
    • World Superbikes
  • WRC
    • Latest News
    • 2025 WRC Calendar
    • 2025 WRC Standings
  • IndyCar
    • Latest News
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WEC
    • Latest News
    • 2025 WEC Calendar
  • Live Updates
  • Other
    • IMSA
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
  • Galleries
  • About/Contact
  • Privacy Policy

© 2024 Motorsport Media Services Ltd