· liberty media corporation (lmca) is reported to have moved closer to making a deal to buy a minority stake in formula 1. · liberty media corporation announced wednesday afternoon that it acquired formula one from a group led by cvc capital partners, which bought the majority stake in the racing organization in. · over the weekend, several european news outlets reported the sale of a majority stake in f1 by current owner cvc, which has been looking to unload it for some time, to liberty media for. 5 billion deal expected to get underway on tuesday. Sep 8 , 2016 · on wednesday afternoon, liberty media corporation, headed up by billionaire john malone, announced that it had agreed to terms with cvc capital partners to purchase formula one (f1) for a fee of. Sep 8 , 2016 · on wednesday, john malone’s liberty media corporation confirmed it is to purchase formula one in a deal that values the world’s leading motorsport series at us$ 8 billion. · formula one is on the verge of a multi-billion dollar takeover by john malones liberty group, with a two-stage $ 8. Sep 5 , 2016 · the deal is definitely done on the sale of formula 1 s majority stake by current owners cvc, according to multiple publications.
