Colorado-based Company Buys Formula One

· Sep. 7, 2016, 11:15 pm

Formula One is being bought by Liberty Media, an Englewood-based company that invests in entertainment and sports, in a takeover valuing the motorsport series at $8 billion.

Liberty Media, which is controlled by 75-year-old tycoon John Malone, has ended years of uncertainty about the ownership of the sport with Wednesday's deal .

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