Search results
Liberty Media Corporation and Delta Topco, the parent company of Formula 1 announced today that Liberty Media has completed its previously announced acquisition of F1, the iconic global motorsports business, from a consortium of sellers.
Formula 1 racing began in 1950 and is the world’s most prestigious motor racing competition, as well as the world’s most popular annual sporting series: The 2023 FIA Formula One World Championship™ runs from March to November and spans across 20 countries and five continents.
- 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...
1 day ago · With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports. Follow us on your favorite social media channel /formula1fanpage; @gpfansglobal; @gpfansglobal ...
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.
Apr 1, 2024 · Leading motorsport championships, Formula 1 and MotoGP, are both set to be owned by Liberty Media from the end of this year; watch the Japanese Grand Prix this weekend with every session live...
- 6 min
People also ask
Will Liberty Media take over F1?
Who is the CEO of Liberty Media F1?
Is Liberty Media buying F1 from CVC Capital Partners?
Why did Liberty Media rebrand F1?
Sep 8, 2016 · US firm Liberty Media has bought Formula 1 in a £6bn deal, bosses have confirmed. Sky News revealed last month that Liberty was on the verge of sealing the takeover of the sport.
