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 »
9y 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...
9y 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...
9y ago from GrandPrix247.com

Singapore GP: Practice notes - Pirelli

The fastest time in free practice today was set by Mercedes driver Nico...
9y ago from Pitpass.com

Mosley: Bernie will walk if new owners interfere

Max Mosley believes Bernie Ecclestone will not stick around if Formula...
9y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Will Power turns first IndyCar laps with Andretti at...

IndyCar veteran Will Power completed his first test laps with his new...

Alex Palou delivers takedown of McLaren F1 drivers...

IndyCar champion Alex Palou has delivered a takedown of both McLaren...

Popular On TotalWRC.com

WRC Rally Islas Canarias stays until 2029

WRC Promotor and Rally Islas Canarias have signed a three year extension...
29m ago from MotorsportWeek.c...

Popular On GunnersToday.com

Surprise claim that important Arsenal star 'making...

Arsenal forward Gabriel Martinelli could reportedly be making plans to...
49m ago from CaughtOffside.com

Two Arsenal transfer targets could point towards...

Arsenal are reportedly looking at two transfer targets that could point...
29m ago from CaughtOffside.com

Sources: Liverpool early favourites to sign 'superb'...

Liverpool are understood to be showing the strongest interest in a...
3h ago from CaughtOffside.com

Ornstein says Man Utd & Chelsea want £100m star...

David Ornstein has provided the latest transfer information on Nottingham...
4h 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.