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...
Toro Rosso cut short filming day with engine problem
Toro Rosso's return to Renault power, after a year with Ferrari, got off...
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
Happy birthday to the Professor!
©WRI2 Alain Prost turns 62 today and we thought we would pair him...
9y ago from F1i.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
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
6h ago from Motorsport.com
MotoGP announces Qatar round postponed until November
MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...
1d ago from MotorsportWeek.c...
MotoGP postpones Qatar GP to November due to Middle...
No description available...
1d ago from Motorsport.com
MotoGP working on rescheduling Qatar GP amid Iran war
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood’s surprise lunge on Alex Palou...
Kyle Kirkwood took victory in the inaugural Grand Prix of Arlington on...
2h ago from MotorsportWeek.c...
Rough and tumble weekend dampens Josef Newgarden’s...
Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
15h ago from MotorsportWeek.c...
Official race results: 2026 IndyCar Grand Prix of...
No description available...
21h ago from Motorsport.com
Kirkwood "currently the biggest threat" to...
No description available...
17h ago from Motorsport.com
Popular On TotalWRC.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
21h ago from Motorsport.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Takamoto Katsuta scores...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Every touch! Just how good was Dowman's performance...
Take a closer look at Max Dowman's match-winning performance against...
35m ago from SkySports.com
Tim Sherwood makes prediction on Carabao Cup final...
Tim Sherwood has backed Manchester City to beat Arsenal in the Carabao Cup...
2h ago from SportsKeeda.com
Supercomputer predicts final top four and relegated...
A supercomputer has predicted the results of the Premier League this...
1h ago from SportsKeeda.com
Gary Neville makes feelings clear about Arsenal...
Manchester United legend Gary Neville has praised Arsenal for keeping Max...
3h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin and Adrian Newey given massive F1 lifeline...
Aston Martin's car sucks. Read More »
3h ago from GPFans.com
Lewis Hamilton's team-mate says new regulations have...
Lewis Hamilton may be firing on all cylinders in... Read More »
2h ago from GPFans.com
Hollywood thanks Lewis Hamilton over F1 movie Oscar
It's been a pretty good weekend for seven-time F1... Read More »
35m ago from GPFans.com
