Tag Archives: Formula One

Liberty Media to buy Formula One

Liberty Media announced it agreed to buy Formula One, the iconic global motorsports business, from a consortium of sellers led by CVC. The transaction price represents an equity value of USD4.4 billion.   Liberty Media will initially acquire 18.7% minority stake before completing a full takeover. According to The Wall Street Journal, CVC Capital Partners, [...]

Econet Media bags deal with Formula One for championship racing broadcast in Africa

The deal signed, new content has been added up to the Econet Medias portfolio. The African broadcaster has signed a three-and-a-half-year agreement with Formula One World Championship for the broadcast of the competition across Econet Medias free-to-air (FTA) platform, Kwese Free Sports. The auto racing competition has been first aired yesterday, uniquely in English language, [...]

MP & Silva acquires F1 TV rights for MENA

MP & Silva, an international media agency, has acquired the television rights for Formula One (F1) motor racing across the Middle East and North Africa for six years commencing 2014. MP& Silva can further sell the rights to regional broadcasters. “The purpose of this agreement is to help grow interest in Formula One throughout the [...]