The FIA is keen to forge a "close partnership" with F1's newest owners, Liberty Media, to take the sport to a whole new fanbase.
On Wednesday evening Liberty Media announced it had agreed to purchase F1 parent company Delta Topco, placing Chase Carey as chairman alongside existing CEO and commercial rights holder Bernie Ecclestone. The FIA holds a one percent stake in F1 but also has to approve any sale of the sport as motorsport's governing body.
The FIA has said it "awaits further information regarding the proposed terms of the transaction". FIA president Jean Todt has welcomed the new owners and the potential for growth they will bring.
"While it remains to be seen how this acquisition will influence the promotion of the FIA Formula One championship, we welcome this long-term investment in Formula One by a company that has such a broad portfolio of sports, media and entertainment businesses," Todt said. "As motor sport's governing body and regulator we acknowledge Liberty Media's wide expertise in these fields and we look forward to working in close partnership with them in the future in order to further develop Formula One and bring it to new generations of motor sport enthusiasts around the world."
Some reports have stated CVC Capital Partners -- which owns the controlling stake in Delta Topco -- have a "drag along" clause, which means when they sell other shareholders have to sell their shares. However, Liberty Media's press release announcement did not make clear whether the FIA's stake would also be diluted like the rest when the purchase goes ahead.