News Details

Liberty: We will not be Americanising Formula 1

The United States can be a big growth area for Formula One but Liberty Media have no desire to ‘Americanise' the sport after the U.S. company's takeover, new F1 chairman Chase Carey said on Thursday. 'We didn't make this move because of America,' he told Sky Sports News the day after Liberty announced a deal, valued at $8 billion including debt, that will give the American media and telecoms business effective control. 'America is an opportunity, I think we can do a lot more in America, it's probably more long-term than short-term,' he added. 'Realistically it's a global sport. We're not trying to Americanise the sport. We have great respect for the European foundations of it. Europe...
Full Story »
8y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Done deal as Liberty Media now owns Formula 1

Press Release: Liberty Media Corporation and CVC Capital Partners...
8y ago from GrandPrix247.com

Formula 1 bought by US company Liberty Media

The expected sale of Formula 1 to new owners has taken place, with...
8y ago from FormulaSpy.com

Official: F1 Sold to Liberty Media

It has just been confirmed that F1 has officially been sold to US Company...
8y ago from F1.co.uk

Liberty Media buys Formula One

US communications billionaire John Malone's Liberty Media announced on...
8y ago from SuperSport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Ogier on top as Neuville suffers hellish...

The fierce battle for the lead of WRC Central Europe Rally raged over...
12h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.