Above: FIA president Jean Todt with the F1 World Champion's trophy."Better to remain silent and be thought a fool than to speak out and remove all doubt."So is quoted the 16th president of the United States, Abraham Lincoln. Or perhaps it was Mark Twain. History seems to have omitted to...

Bernie Ecclestone has lost day-to-day control of the commercial side of Formula 1, bringing his remarkable spell in charge of the sport to an end.With Liberty Media set to become the majority shareholder in F1 when it closes a deal to acquire 100% of Delta Topco – F1's holding company...

The FIA has given its approval for the sale of Formula 1 from CVC Capital Partners to Liberty Media following a meeting in Geneva.An extraordinary meeting of the World Motor Sport Council (WMSC) took place on Wednesday to discuss the change in ownership, with Liberty Media set to become majority...

Sport newsThe transaction will see the transfer of 100% of the shares in Delta Topco to Liberty Media Group, one of the tracking stocks of Liberty Media Corporation.During the meeting, the representatives of the prospective new owner made a detailed presentation of their strategy. The members of the World Motor...

Stockholders in Liberty Media will vote on plans relating to the takeover of Formula 1 in January, the company has announced.Liberty agreed terms to become the majority stockholder in F1 back in September, acquiring an initial 18.7% stake ahead of a planned purchase of 100% of the stock of the...

The planned purchase of Formula 1 by Liberty Media could face an investigation by Britain's Competition and Markets Authority (CMA).In September, Liberty Media agreed to become F1's biggest shareholder through the purchase of shares from a consortium of sellers led by majority shareholder CVC Capital Partners. The U.S.-based company will...

Former FIA president Max Mosley says that he warned the regulatory body against acquiring the stake in Formula 1's commercial rights that is now the center of a possible conflict of interest investigation by the European Commission.Liberty Media last month confirmed its intention to buy F1's parent company Delta Topco...

Liberty Media's recent $4.4 billion takeover of Formula 1's commercial rights could face a European Commission investigation over an alleged conflict of interest.Liberty announced earlier this month that it is on course to complete its takeover of current F1 rights owner Delta Topco in 2017, subject to anti-trust approval, a...

Sport newsThe FIA was obviously not party to the negotiations surrounding the intended sale. As such, the Federation awaits further information regarding the proposed terms of the transaction and welcomes the opportunity to discuss with all parties the possible consequences of this agreement on the promotion of the FIA’s flagship...

Liberty Media has confirmed its initial takeover of Formula 1, with Chase Carey appointed as chairman, and Bernie Ecclestone retaining his position as CEO.A statement issued by Liberty Media declares it has agreed to acquire F1 from a consortium of sellers led by majority shareholder CVC Capital Partners.PRIMER: Liberty Media...