
Liberty Media Purchases F1 For $4.4 Billion
US-based Liberty Media Corp. announced it will purchase F1, and the deal will cost $1.1 billion in cash along with a large number of shares, totaling $4,4 billion. Chase Carey, executive vice president of 21st Century Fox, will be appointed chairman of Formula One. Bernie Ecclestone, current CEO of the racing group, will remain in […] More