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P1racenews AI automatic summary:
F1 owners ‘close’ to stunning £3.5 BILLION takeover of motorsport rival
According to reports, Formula 1’s owners Liberty Media are close to completing a multi-billion pound deal. The deal has been put forward by Liberty Media. The completion of this deal is imminent. Reports suggest that the deal is in its final stages. Formula 1 enthusiasts are eagerly awaiting the outcome of this major deal. Formula 1’s future may be greatly impacted by the completion of this significant agreement.