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Is Formula 1 for sale again – report
Liberty Media could be saying farewell to Formula 1, or at least reducing their stake in the sport, according to a report. Liberty Media bought Formula 1 from CVC in 2017, paying a $8 billion for the sport. The American owners set about revamping Formula 1, or as much as one can given the numerous voices that have a say, with fan interaction their number one target. However, according to a report, it looks as if they are growing tired in the face of an insurmountable task. 'Less than 3 years after Liberty Global acquired Formula One, the company is reportedly exploring scenarios that would decrease their stake in the international racing circuit; everything from an exit to the introduction...
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6y ago from PlanetF1.com
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