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Susie Wolff is upending F1’s ‘boys club’ with an all-female racing empire
Liberty Media’s board of directors is also dominated by white men, save for one woman...found there are no physical or psychological barriers that could prevent women from ...
Fortune via Yahoo
6 days ago
Formula 1 and Amazon Aim for AI-Powered ‘Personalized’ Race Viewing
(Bloomberg) -- At the Spanish Grand Prix on Sunday, Formula 1 plans to debut a new artificial intelligence “Statbot” with Amazon.com Inc., whose executives described plans for AI-powered personalized ...
Bloomberg via Yahoo
6 days ago
- Who Owns F1?
- Who Are Liberty Media?
- How Has F1 Changed Since The Takeover?
- What’s Next For Liberty Media and F1?
- 2026 F1 Regulation Changes Are Mapped Out
Formula 1 is one of the world’s most popular sports with a long history dating back to the 1950s. Ownership of the championship outright belongs to the governing body, the FIA, with the France-based organisation owning the rights to the name of the series and its rulebooks, as well as creating the standards for circuit grading, drivers licencing as...
The owner of the Formula One Group is an American mass media company called Liberty Media Corporation owned by billionaire John Carl Malone. Up until 2016, F1’s commercial rights were owned by private equity firm CVC Capital Partners – CVC having owned 63.4% of the Formula One Group’s shares by March 2006. In late 2016, CVC sold its F1 stake, inclu...
The sale of F1 to Liberty Media brought with it some huge changes. The company decided to rebrand to modernise the sport and make it more attractive to a younger audience. This included a refresh of the F1 logo, as well as the now beloved F1 theme tune. The firm worked to increase and improve F1’s presence on social media and video streaming platfo...
Liberty Media has big plans for the future of F1. The firm’s initial focus continues to be on its US presence. With the addition of the Miami Grand Prix in May 2022, and the new Las Vegas Grand Prix debuting in November 2023, there are now three races in the United States included in the schedule, with more US venues being discussed. Domenicali sai...
Looking even further ahead to 2026, F1 and its teams are working on a new power unit regulation set, although specific details have yet to be revealed to the public. What we know so far is that the 1.6-litre engines will remain, but without the complex MGU-H component from the hybrid system. The new engine will form part of the plan to achieve four...
The Formula One Group consists of our wholly-owned subsidiaries Formula 1® and Quint and other minority investments. The Series A and Series C Liberty Formula One common stock trade on the Nasdaq Global Select Market under the stock symbols FWONA and FWONK, respectively.
May 21, 2021 · Formula 1 has gradually moved towards taking the live coverage of the sport to a pay TV model, as sport owners Liberty Media try to strike the balance of building revenue from their coverage...
Jan 18, 2017 · In a meeting of the World Motor Sport Council in Geneva on Wednesday, F1's governing body unanimously voted through the US media company's company's takeover.
The Formula One Group – Transaction Overview. Liberty Media Corporation (“Liberty Media”) announces definitive agreement to acquire F1. F1 assets and liabilities to be attributed to Liberty Media Group. Liberty Media Group expected to be renamed Formula One Group upon second closing (as described below)
Jan 24, 2024 · This overhaul has brought about significant changes, injecting new life and a modern twist into the sport. The shift in Formula 1’s dynamics, under Liberty Media’s guidance, showcases a remarkable evolution from its classic roots to a thrilling, globally appealing event.
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Aug 14, 2023 · F1 News: Liberty Media Reveals True Impact Of Formula One In The US. Viewership numbers in the US signify a 'solid growth' with most races averaging more than 1 million viewers on TV. Saajan...
