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Liberty Media Looks To Acquire Controlling Interest In F1

John Malone's Liberty Media is leading a US$8.5B "battle for control" of F1 "after proposing a deal that would see the sport’s owner "listed on" the NASDAQ stock exchange. The company is in "detailed talks with F1's controlling shareholder, CVC Capital Partners, about a transaction." Sources said that a "frenetic period for the ownership and management of F1 could also involve" former DirecTV exec Chase Carey "being appointed as chairman of the sport's parent company prior to or alongside a deal" (SKY NEWS, 8/26). 

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