News Details

Liberty: We will not be Americanising Formula 1

The United States can be a big growth area for Formula One but Liberty Media have no desire to ‘Americanise' the sport after the U.S. company's takeover, new F1 chairman Chase Carey said on Thursday. 'We didn't make this move because of America,' he told Sky Sports News the day after Liberty announced a deal, valued at $8 billion including debt, that will give the American media and telecoms business effective control. 'America is an opportunity, I think we can do a lot more in America, it's probably more long-term than short-term,' he added. 'Realistically it's a global sport. We're not trying to Americanise the sport. We have great respect for the European foundations of it. Europe...
Full Story »
9y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Done deal as Liberty Media now owns Formula 1

Press Release: Liberty Media Corporation and CVC Capital Partners...
9y ago from GrandPrix247.com

Formula 1 bought by US company Liberty Media

The expected sale of Formula 1 to new owners has taken place, with...
9y ago from FormulaSpy.com

Official: F1 Sold to Liberty Media

It has just been confirmed that F1 has officially been sold to US Company...
9y ago from F1.co.uk

Liberty Media buys Formula One

US communications billionaire John Malone's Liberty Media announced on...
9y ago from SuperSport.com

Elsewhere On The Network

Popular On MGPToday.com

British MotoGP recap: Marco Bezzecchi ends Friday...

Marco Bezzecchi ended the first day of MotoGP action at Silverstone on...
12h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Fabrizio Romano says 'new' 40m bid coming soon as club...

Atletico Madrid are reportedly set to bid again for the transfer of...
53m ago from CaughtOffside.com

£120m star tells his club he wants Arsenal transfer...

Arsenal may reportedly have renewed hope of signing Kenan Yildiz, as he's...
23m ago from CaughtOffside.com

Report: Arsenal set to make major sale, could fund...

Gabriel Jesus' Arsenal career appears to be drawing to a close, with...
7h ago from FreshArsenal.com

Papers: Arsenal could hijack Liverpool's move for...

The top stories and transfer rumours from Friday's newspapers...
7h ago from SkySports.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.