News Details
Liberty says F1 challenges opportunities bigger than expected
Liberty Media says that running its new F1 business has proved more challenging than expected, but at the same time it has discovered that the rewards are also potentially larger. The American company took over the ownership of the sport last year, and has vowed to make it more spectacular for the fans. Liberty president and CEO Greg Maffei also stressed that F1's profit margins will not rise in the short term, as the company will have to invest. "I think everything that we thought about this business and the opportunity as we did our due diligence, and the time we spent prior to purchasing F1, has only been confirmed," said Maffei. "There is enormous opportunity in areas...
Full Story »
Full Story »
8y ago from Motorsport.com
0
You May Also Be Interested In...
Toro Rosso cut short filming day with engine problem
Toro Rosso's return to Renault power, after a year with Ferrari, got off...
8y ago from GrandPrix247.com
Manor entry withdrawal ends F1 2017 return hopes
Manor’s hopes of a last-minute rescue deal to return to the Formula 1...
8y ago from Motorsport.com
Happy birthday to the Professor!
©WRI2 Alain Prost turns 62 today and we thought we would pair him...
8y ago from F1i.com
Exhaust issue cuts short opening test day for Force...
Force India opted to cut short its running on the first day of pre-season...
8y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Marco Bezzecchi clinches secure Portimao MotoGP pole...
Marco Bezzecchi stormed to his fourth pole position of the season after a...
3h ago from MotorsportWeek.c...
Fermin Aldeguer tops the timesheets in mixed final...
Gresini Ducati rider Fermin Aldeguer battled against the difficult...
4h ago from MotorsportWeek.c...
MotoGP Portuguese GP: Marco Bezzecchi grabs pole...
No description available...
3h ago from Motorsport.com
Max Verstappen on why MotoGP tempts him: "If I...
No description available...
30m ago from Motorsport.com
Popular On IndyCarToday.com
Caio Collet advances up to IndyCar with AJ Foyt Racing
AJ Foyt Racing has announced that Caio Collet will drive for the team in...
1d ago from MotorsportWeek.c...
McLaren’s lawsuit against IndyCar champ Alex Palou...
The lengthy court battle between McLaren and Alex Palou is nearing a...
1d ago from MotorsportWeek.c...
Kyle Kirkwood signs multi-year IndyCar extension with...
Andretti Global has announced that Kyle Kirkwood has signed an extension...
4d ago from MotorsportWeek.c...
Marco Andretti announces retirement from racing, won't...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Elfyn Evans: Heavy rain could turn WRC Rally Japan...
No description available...
2h ago from Motorsport.com
WRC Rally Japan: Sebastien Ogier responds to Elfyn...
No description available...
4h ago from Motorsport.com
WRC Rally Japan: Toyota 1-2 as Takamoto Katsuta...
No description available...
9h ago from Motorsport.com
Sebastien Ogier heads Toyota 1-2-3
Sebastien Ogier and Vincent Landais closed out the first full day of...
23h ago from MotorsportWeek.c...
Popular On GunnersToday.com
Report: Man United and Arsenal lead the race to sign...
Two of the Premier League’s biggest clubs, Manchester United and...
4h ago from CaughtOffside.com
More of the same, please
Morning all. The phrase ‘more of the same' is generally used in a...
6h ago from Arseblog.com
'Maybe it happens for the right reason' - Mikel Arteta...
Arsenal boss Mikel Arteta has sent an encouraging message to Myles...
14h ago from SportsKeeda.com
'Things change' – Mikel Arteta names the Arsenal...
Arsenal manager Mikel Arteta has heaped praise onto goalkeeper David Raya...
17h ago from CaughtOffside.com
Comments
Hottest News
F1 2025 Brazil Grand Prix – Sprint Race Results
Lando Norris strengthened his grip on the F1... Read More »
30m ago from MotorsportWeek.com
F1 Sprint Results: Lando Norris survives late scare to hold...
F1 drivers' championship leader Lando Norris... Read More »
20m ago from GPFans.com
F1 News Today: McLaren lose Zak Brown as team revamp ahead...
McLaren have confirmed that Zak Brown will not be... Read More »
3h ago from GPFans.com
