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
Ducati: Marc Marquez “helped, protected” Francesco...
No description available...
1d ago from Motorsport.com
Why Aprilia boss is "disappointed" about not...
No description available...
2d ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
3d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
1d ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
2d ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
2d ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
How Oliver Solberg picked up his “crazy dream”...
No description available...
1h ago from Motorsport.com
Oliver Solberg crowned the youngest ever Rallye Monte...
Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...
4h ago from MotorsportWeek.c...
WRC Monte Carlo: Oliver Solberg dominates to claim...
No description available...
5h ago from Motorsport.com
WRC Monte Carlo: Drivers, fans and Liam Lawson enjoy...
No description available...
18h ago from Motorsport.com
Popular On GunnersToday.com
Cunha's stunner seals Man Utd win over leaders Arsenal
Matheus Cunha scored a sensational 87th-minute winner to clinch a 3-2...
41m ago from SkySports.com
Two WONDER strikes fire Man Utd to huge win in...
FREE TO WATCH: Highlights from Arsenal's match against Manchester United...
31m ago from SkySports.com
Watch: Awful mistake from Martin Zubimendi results in...
Machester United saw themselves come back into the game after a poor...
1h ago from CaughtOffside.com
Watch: Patrick Dorgu with a stunning strike to give...
Manchester United have completely turned the tide at the Emirates Stadium,...
1h ago from CaughtOffside.com
Comments
Hottest News
2026 Daytona 24 Hours - results
Check out the full race results from the 64th... Read More »
41m ago from RacingNews365.com
Aston Martin pulls F1 Safety Car after five years
Aston Martin has announced it will no longer... Read More »
1h ago from MotorsportWeek.com
Are Ferrari back? Charles Leclerc 'excited' after...
Charles Leclerc shared his thoughts after driving... Read More »
31m ago from GPFans.com
