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Liberty Media CEO Greg Maffei steps down from his role
Formula 1's Commercial Rights Holder Liberty Media has announced that its President and CEO Greg Maffei will not extend his contract and will be stepping down by the end of 2024. Maffei joined Liberty Media in 2005, and the 64-year-old American has been pivotal in the development of F1 since US company Liberty bought its commercial rights in 2017. The American firm has now revealed that Maffei has elected not to extend his current contract, although he will stay with Liberty Media, continuing his involvement as a senior advisor. Commenting on his decision, Maffei said: “The almost 20 years I have spent at the helm of Liberty Media have been incredibly rewarding, stimulating and endlessly...
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11h ago from F1Technical.net
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