llion being the determined equity value of F1 and $4.1 billion in debt.Chase Carey, who helped launch Fox Sports in the mid-1990s and also served as CEO of DirecTV, will become the new cha

Liberty Media Corporation announced Wednesday afternoon that it acquired Formula One from a group led by CVC Capital Partners, which bought the majority stake in the racing organization in 2006.The total price paid will be $8.5 billion, $4.4 billion being the determined equity value of F1 and $4.1 billion in debt.Chase Carey, who helped launch Fox Sports in the mid-1990s and also served as CEO of DirecTV, will become the new chairman of Formula One. Bernie Ecclestone, who will make roughly $230 million from his 5.3 percent stake in the business, will stay on as CEO. The 8.5 percent stake his family trust has in the business is now worth $375 million in the cash out.CVC Capital Partners comes away with approximately $6 billion from its $2 billion purchase a decade ago.Like the Atlanta Braves and SiriusXM, which Liberty also owns, the investment will be converted into a tracking stock that will allow investors to invest in the F1 business.With American owners, one area of growth for the brand could be the US, which has never embraced F1. Haas became the first American-owned F1 team in three decades this year. There is, however, not an American driver racing on the circuit. Signed Nike MLB Jerseys . Bryant, who signed a five-year, $34 million contract as a free agent with Cleveland in March, reported symptoms on Monday morning, a team spokesman said. Nike MLB Jerseys Autographed .Y. -- Jayna Hefford scored the winning goal Friday as Canada survived a scare with a 4-3 win over Sweden at the Four Nations womens hockey tournament. http://www.cheapmlbjerseyssigned.com/ .com) - The red-hot Los Angeles Kings will try to extend their winning streak to a season-high seven games when they visit the Edmonton Oilers for Sundays clash at Rexall Place. Authentic Nike MLB Gear . They were putting most of their energy into a record-setting offensive display. Discount Nike MLB Jerseys . -- PGA TOUR Canada member Steve Saunders took a three-stroke lead Saturday in the Web.The Toronto Maple Leafs and soon-to-be unrestricted free agent Tyler Bozak continue to negotiate over a possible new contract as Fridays Free Agent signing period draws closer. According to TSN Hockey Insider Darren Dreger, the most recent response from Bozaks representatives is an eight-year contract proposal averaging less than $5 million per season. In 46 games this season, Bozak scored 12 goals and 16 assists and finishedd fifth in team scoring.dddddddddddd The Regina native finished off a two-year contract he signed with Toronto prior to the 2011-12 season that had an average annual value of $1.5 million. In five seasons, Bozak has scored 53 goals and 81 assists in 238 career NHL games, all with Toronto. He was signed as an undrafted college free agent by the Maple Leafs in 2009 after two seasons with the University of Denver. Cheap Nike NFL Jerseys Cheap Adidas Hockey Jerseys Wholesale Nike Baseball Jerseys Wholesale Jerseys From China Wholesale Jerseys China Wholesale NFL Jerseys China Cheap Nike NFL Jerseys Free Shipping Cheap Nike NBA Jerseys Authentic Cheap NHL Jerseys Canada Cheap Nike MLB Jerseys Cheap Soccer Jerseys China NCAA Jerseys Cheap Nike NHL Jerseys China Wholesale Jerseys China Cheap Jerseys Store Cheap Football Jerseys Store Wholesale Soccer Jerseys Jerseys NCAA China Jerseys NFL Cheap Cheap Nike NBA Jerseys ' ' '