The takeover of Formula 1 by the Liberty Media Corporation will be positive for the Formula E Championship, according to series boss Alejandro Agag (pictured).Liberty Media is part of the business empire controlled by U.S. cable TV mogul John Malone that also includes Liberty Global and Discovery Communications, which together...

WHY AM I HEARING SO MUCH ABOUT LIBERTY MEDIA?Depending on what happens over the next 24-48 hours, Liberty Media are likely to be the new owners of a majority stake in Formula One's commercial rights.HOW MUCH WILL THAT COST THEM?Somewhere between $8.5b and $9.1b, in two stages. For that, Liberty...

The European media has been rife with reports that a long-rumored purchase of a sizable stake in F1's commercial holdings by Colorado-based John Malone's Liberty Global Plc and Discovery Communications Inc. is imminent, but the sport's commercial manager Bernie Ecclestone expressed confidence at the Italian Grand Prix that his oversight...

Bernie Ecclestone has revealed Formula 1 could be sold off before the end of this year.F1 chief executive Ecclestone (LEFT) claims there are currently three serious bidders in the running to purchase a majority shareholding. At present CVC Capital Partners holds the largest share at 35.5 percent, with Ecclestone claiming...

The stake taken in Formula E by two allied U.S. media groups earlier this month makes them the combined largest shareholder in the championship, series boss Alejandro Agag has admitted.Liberty Global and Discovery Communications, which are both part of media mogul John Malone's empire, bought into Hong Kong-based Formula E...

Formula E has secured investment from two companies controlled by American media mogul John Malone.Liberty Global, owners of Virgin Media in the UK, and Discovery Communications, which owns Discovery Channel as well as controlling European motorsport cable network Eurosport, have become shareholders in Hong Kong-based Formula E Holdings. The two...

The Bloomberg news service reports that the long-delayed stock market initial public offering of Formula 1 could soon be back on.CVC Capital Partners Ltd., which owns 35.5 percent of F1 has revived plans for an IPO in Singapore in early 2015, if current talks to sell the company break down,...