Liberty Media to purchase Formula One

Liberty Media, a U.S. based media company, agreed to purchase Formula One for $4.4 Billion.  Liberty Media also owns interests in Charter Communications, SiriusXM Radio and the Atlanta Braves. 

For more, see: http://www.ibj.com/articles/60306-us-based-group-buys-f1-amid-hopes-of-north-american-growth?utm_source=eight-at-8&utm_medium=newsletter&utm_campaign=2016-09-09

http://www.nytimes.com/2016/09/08/sports/autoracing/liberty-mediabuys-formula-one-for-4-billion.html?_r=0

http://www.bbc.com/news/business-37303230

This article was submitted by Matt Macaluso, Keller Macaluso LLC.

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