News Details

Liberty boss says gambling could boost F1's future income

Liberty Media CEO Greg Maffei says that race sanction fees, broadcast rights and sponsorship can all contribute to increased revenues for the F1 Group, and stresses that the biggest source of growth will be from digital exploitation. Maffei has even earmarked gambling as a potential source of income that has yet to be tapped by the sport. While new F1 chairman Chase Carey will be working hands-on with Bernie Ecclestone on the day-to-day running of the sport, Maffei will play a key overseeing role and will provide a link between the sport and the company's other business. On Thursday, he gave the most detailed insight yet into what direction Liberty's management is planning to take....
Full Story »
8y ago from Motorsport.com 0
Share

You May Also Be Interested In...

Carey: Formula 1 cannot be a dictatorship

Formula One cannot be run like a dictatorship, even if many people in the...
8y ago from GrandPrix247.com

Is the Ecclestone era in F1 finally coming to an end?

It's not just ‘silly season' in the Formula 1 driver camp, even the...
8y ago from GrandPrix247.com

Singapore GP: Practice notes - Pirelli

The fastest time in free practice today was set by Mercedes driver Nico...
8y ago from Pitpass.com

Mosley: Bernie will walk if new owners interfere

Max Mosley believes Bernie Ecclestone will not stick around if Formula...
8y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Fabio Quartararo admits cause of ‘really...

Fabio Quartararo admits Yamaha had a "really strange day" in...

Marc Marquez tops opening day of Buriram MotoGP testing

Marc Marquez has topped the opening day of MotoGP testing at Buriram...
10h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Doug Boles named IndyCar President in leadership...

The NTT IndyCar Series announced on Tuesday morning that longtime...

Andretti Global shows off new liveries for 2025...

Andretti Global has revealed a trio of new liveries for the team’s cars...

Power sets goal of five move competitive years in...

Will Power is one of the NTT IndyCar Series’ longest tenured drivers,...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal close to agreeing forward's contract after Kai...

The warm weather training for Arsenal in Dubai arguably hasn't gone...
17m ago from CaughtOffside.com

Five potential replacements for injured Arsenal ace...

Heading to Dubai for warm weather training should've been a pleasurable...
3h ago from CaughtOffside.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.