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 »
9y 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...
9y 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...
9y 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...
9y 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...
9y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez sets the pace in opening Aragon MotoGP...
Marc Marquez began a vital Aragon MotoGP weekend strongly by setting the...
35m ago from MotorsportWeek.c...
Raul Fernandez: I'm no title contender despite...
No description available...
2h ago from Motorsport.com
Pirelli delivers 2027 MotoGP tyres with F1-style...
No description available...
17h ago from Motorsport.com
Marc Marquez doesn’t dismiss favourite tag for...
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
How Alex Palou can clinch his fifth IndyCar title this...
Alex Palou is the current IndyCar points leader, and has a good chance of...
15h ago from MotorsportWeek.c...
How to watch IndyCar 2026 Milwaukee doubleheader:...
No description available...
18h ago from Motorsport.com
Alex Palou to sport special tribute livery in IndyCar...
Chip Ganassi Racing has revealed a stunning livery for Alex Palou at the...
19h ago from MotorsportWeek.c...
Iconic lightning bolt returns: Chip Ganassi Racing and...
No description available...
20h ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg fit for Rally Paraguay after...
No description available...
15h ago from Motorsport.com
Why WRC drivers expect Rally Paraguay to be “almost...
No description available...
14h ago from Motorsport.com
FIA: Attracting Chinese manufacturers a “clear...
No description available...
2d ago from Motorsport.com
Could qualifying resolve the WRC’s 2027 road order...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Fabrizio Romano tells Arsenal fans to 'get ready' as...
Fabrizio Romano has a potentially exciting Arsenal transfer update as he...
55m ago from CaughtOffside.com
Some sources believe Arsenal will now make surprise...
Arsenal could reportedly now turn to the loan signing of Manchester United...
1h ago from CaughtOffside.com
Arsenal enquire about signing 26-year-old Brazilian...
Arsenal have reportedly enquired about Marseille attacker Igor Paixao's...
1h ago from SportsKeeda.com
“There’s no guarantee Arsenal win the Premier...
Sam Allardyce has changed his stance on who will win the Premier League....
2h ago from SportsKeeda.com
Comments
Hottest News
'A lot of disappointment’: Perez demands progress from...
,Sergio Perez has never been short of motivation,... Read More »
55m ago from F1i.com
F1 Driver Salaries: Lewis Hamilton has now entered the room
F1's driver pay scale has already experienced... Read More »
1h ago from GPFans.com
Honda cool on V8 return as Aston rumours swirl
Aug.28 Honda has stopped short of endorsing... Read More »
2h ago from OneStopStrategy.com
