Forbes names Liberty Media, Formula 1's commercial rights holder, as the most valuable sports empire of 2023. The company would now be worth some $20.8 billion. Article continues under ad Every year, US magazine Forbes announces the 25 most valuable sports empires in the world. In total, the 25 companies are said to be worth some $173 billion, up some 23 percent from last year. Formula 1 has risen in popularity in recent years, partly due to the highly watched Netflix series Drive to Survive. This is now also reflected in its value, Forbes reveals in its latest list. Value Given the global interest in Formula 1 and the calendar that keeps on growing, it is perhaps not surprising that the...
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