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...
Liberty says F1 challenges opportunities bigger than...
Liberty Media says that running its new F1 business has proved more...
8y ago from Motorsport.com
Liberty Media: We are going to be very aggressive
More teams, more sponsors and more circuits are all on the long-term...
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
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 reveals he was ‘close' to retiring...
Factory Ducati rider Marc Marquez reveals he considered retiring from...
16h ago from MotorsportWeek.c...
How Gresini pulled off the rescue operation with Alex...
No description available...
12h ago from Motorsport.com
Marc Marquez: Alex would be appreciated more if he had...
No description available...
13h ago from Motorsport.com
Jorge Martin exclusive: People don’t realise how...
No description available...
16h 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...
11h 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...
10h ago from MotorsportWeek.c...
Jack Harvey to attempt 2026 Indy 500 with Dreyer &...
No description available...
10h ago from Motorsport.com
Andretti Global signs ex-Penske Ron Ruzewski as team...
No description available...
9h ago from Motorsport.com
Popular On TotalWRC.com
Mandated rest periods at WRC rallies to face FIA vote
No description available...
15h ago from Motorsport.com
WRC swaps Sardinia for Rome as home of Rally Italy...
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
Why Elfyn Evans claims "everything is open"...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Carabao Cup fourth-round draw coming up after Arsenal...
No description available...
5h ago from SkySports.com
Port Vale 0-2 Arsenal
Highlights of the Carabao Cup third-round match between Port Vale and...
4h ago from SkySports.com
Arsenal latest: Arteta gives Saka fitness update
No description available...
3h ago from SkySports.com
'They've got take the handbrake off!' | Nev breaks...
Gary Neville thinks Arsenal can't win the title by playing safe, urging...
5h ago from SkySports.com
Comments
Hottest News
F1 star issues update on shock Mercedes transfer
An F1 star has provided an update on his future,... Read More »
9h ago from GPFans.com
Yuki Tsunoda handed shock update over Red Bull future
Yuki Tsunoda has been handed a shock update over... Read More »
16h ago from GPFans.com
F1 EXPLAINED: What does degradation mean?
With the 2025 F1 season slowly approaching its... Read More »
5h ago from F1Technical.net
