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Liberty Media completes purchase of F1
Liberty Media Corporation and Delta Topco, the parent company of Formula 1 have announced today that Liberty Media has completed its previously announced acquisition of F1. F1 has appointed Chase Carey as Chief Executive Officer of F1, in addition to his existing role as Chairman, and Bernie Ecclestone as Chairman Emeritus of F1. 'Bernie Ecclestone, who has given valuable service to F1 over many years, will be available as a source of advice for the board of F1,' said Liberty Media in a statement. 'We are delighted to have completed the acquisition of F1 and that Chase will lead this business as CEO,' said Greg Maffei, President and CEO of Liberty Media Corporation. 'There is an enormous...
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8y ago from Pitpass.com
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