The company 's decision to buy Formula One


Car Formula One is a global racing companies best companies .

The US is the leading media company Liberty Media confirmed that the Formula One car racing business is buying four billion dollars 40 million .

With this announcement are talking ended all speculation about the company's ownership .

The deal would be the position of the Formula One chief executive Bernie klystron while the deputy chairman of the Twenty First Century Fox , which will carry the new chairman .

Billionaire John Malone of Liberty Media , owner of the baseball team and the company is a partner in several businesses , including sports and entertainment bryers Atlanta .

The company initially formula is the owner of some shares of one and regulators have approved plans for the property deal will be fixed in the future .

The total value of the transaction will be eight billion dollars, four billion of which formula will be used to repay the loan by one .

Formula One Liberty Media shares to private equity company CVC Capital is buying .

Liberty Media Chief Executive Greg Maffei  said he was very excited to be part of Formula One .

He said : " We think it will be better for the media and our long experience and safety point of view, Formula One game and fans of the game , the team and our partners will benefit all . "

Formula One chief executive Bernie klystron : Liberty Media else would like to welcome Formula One and I hope to carry on working with them .

Earlier , he said in an interview with Reuters that he was asked to stay on the job for the next three years .

Bernie , 85, has 40 years of experience in the game .

The company 's decision to buy Formula One The company 's decision to buy Formula One Reviewed by Unknown on 07:28:00 Rating: 5

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