Liberty Global (LBTYA) is set to acquire shares held by Warner Bros. Discovery (WBD) in the electric car racing series, Formula E. This acquisition will increase Liberty Global’s ownership in Formula E to 65%, granting it a controlling interest in the rapidly growing motorsport and, therefore, aid the long-term growth of the company. Formula E is the only FIA-sanctioned electric world motor racing championship and the world's top-rated ESG sport. It is also unique for being the only net zero carbon sport fr ...