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
Marc Marquez targets ‘closing the circle’ with...
No description available...
3h ago from Motorsport.com
Alex Marquez: First factory Ducati a long-overdue...
No description available...
3h ago from Motorsport.com
Why controversy has erupted over how many titles Marc...
No description available...
2h ago from Motorsport.com
Francesco Bagnaia “threw away” 2025 MotoGP season...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
Andretti hires ex-Penske director Ron Ruzewski as...
Andretti Global announced on Wednesday that it has hired Ron Ruzewski as...
22h ago from MotorsportWeek.c...
Jack Harvey returns to Dreyer Reinbold for 2026 Indy...
Dreyer and Reinbold Racing will field Jack Harvey in the team’s #24...
21h ago from MotorsportWeek.c...
Andretti Global signs ex-Penske Ron Ruzewski as team...
No description available...
20h ago from Motorsport.com
Jack Harvey to attempt 2026 Indy 500 with Dreyer &...
No description available...
21h ago from Motorsport.com
Popular On TotalWRC.com
Mandated rest periods at WRC rallies to face FIA vote
No description available...
1d ago from Motorsport.com
Hyundai call set to boost Ott Tanak’s WRC title...
No description available...
1d ago from Motorsport.com
WRC swaps Sardinia for Rome as home of Rally Italy...
No description available...
1d ago from Motorsport.com
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'Can I be honest?' – Ian Wright makes worrying...
Arsenal legend Ian Wright has made it clear he thinks that some of the...
3h ago from CaughtOffside.com
'For sure…' – Fabrizio Romano responds to...
Fabrizio Romano has spoken out on the speculation surrounding the future...
4h ago from CaughtOffside.com
“The right person is not getting the trophy” -...
Former Arsenal striker Ian Wright questioned the voting process behind the...
3h ago from SportsKeeda.com
Episode 846 – Microscope
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
1h ago from Arseblog.com
Comments
Hottest News
Christian Horner and Geri Halliwell make huge marriage...
Christian Horner and Geri Halliwell have made a... Read More »
6h ago from GPFans.com
Lewis Hamilton calls for prayers as F1 icon suffers 'scary'...
F1 champion Lewis Hamilton has called for prayers... Read More »
1h ago from GPFans.com
Former F1 boss responds as Felipe Massa pushes forward with...
Felipe Massa is seeking a multi-million-dollar... Read More »
36m ago from RacingNews365.com
