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Formula E secures investments from Liberty Global, Discovery

Tuesday 10 March 2015 | 14:50 CET | News
Formula E Holdings has announced that cable operator Liberty Global and broadcaster Discovery Communications are set to become part of the group of shareholders of the company. The addition of these two media companies represents a key step in the long-term development of the series, the company said. Formula E runs a series of races using exclusively electric cars. Discovery and Liberty were last year reported to be in talks on a joint bid for a stake in the Formula 1 series. They later cooperated on the acquisition of production company All3Media. 

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Categories: Broadcast & Satellite
Companies: Discovery Communications / Liberty Global
Countries: World
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