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Formula One sale to Liberty Media to go ahead next week: auto motor und sport

Germany Formula One - F1 - German Grand Prix 2016 - Hockenheimring, Germany - 30/7/16 - President and CEO of Formula One Management Bernie Ecclestone before practice.

A sale of Formula One to Liberty Media is to go ahead next week, the sport's commercial supremo Bernie Ecclestone told German trade magazine auto motor und sport on the sidelines of the Italian Grand Prix at Monza on Saturday.

The magazine said that according to Ecclestone, Liberty Media will transfer the first of two tranches of payment in the $8.5 billion deal on...


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