The FIA issued a press release in which assesses the arrival of Liberty to the F1

la-fia-emite-un-comunicado-en-el-que-val

The FIA has issued a statement in which values the transaction made by Liberty Media to take control of the Formula 1 with Chase Carey and Bernie Ecclestone as heads visible.

“The FIA, the body governor of the Championship of Formula 1, was
recently informed of the intention of Liberty Media Corporation
in acquiring Delta Topco, the company, CVC Capital Partners, the
organization who owned the commercial rights of the Formula 1”.

“The AIF was not part of the negotiations on the
the aforementioned sale. As such, the Federation expects more information
on the proposed terms of the transaction and welcomes
to discuss with all parties the potential consequences that this
agreement will have in the promotion of the Championship flag of the AIF”.

in Addition, Jean Todt recognises the expertise and value of Liberty
Media in the field of media and entertainment
, if well supported
be waiting to know more details about the plans
future of the american company. One of the aspects most valued is the intention to bring the sport to a younger audience.

“Although still it remains to be seen how it will influence this acquisition
in the promotion of the World Championship of Formula 1, we
welcome to this long-term investor. It is a company
with a portfolio very extensive in the sports industry,
audiovisual and entertainment”.

“As the governor and regulator of motor sports,
we recognise the extensive experience of Liberty Media in these fields.
We want to work closely with them in the future for
develop the Formula 1 and make it available to new generations of
enthusiasts of the engine in all the world”.