SpeedFeed/Acquisition
January 19, 2017 10:22 am

Liberty Media Corporation Announces Approval to Acquire Formula 1

Greg Jones,administrator

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Greg Jones is the content strategist for Speedville.com. He is also the managing editor for Motorcycle & Powersports News and Engine Builder Magazine. He graduated from the University at Albany, State University of New York with a degree in journalism. He currently lives in the Cleveland, OH area and has always been fascinated with fast cars, motorcycles and the roar of a good engine.

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Liberty Media Corporation has announced that it has received the requisite consents and approvals from the Fédération Internationale de l’Automobile (“FIA”), the governing body of Formula 1, in connection with its pending acquisition of Formula 1, and that the closing conditions related to the FIA have now been satisfied. The acquisition is expected to close this month.

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