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Aug 11, 2023 · From the moment Liberty Media acquired Formula 1 in 2017 from previous shall we say, ruler; Bernie Ecclestone, they set out on a mission to enhance the fan e...
- 8 min
- 1270
- Formula Drive
Sep 18, 2016 · Formula one teams have welcomed the move by US firm Liberty Media to purchase the sport's commercial arm for $8bn.Liberty Media has recently bought nearly 19...
- 2 min
- 2.7K
- Al Jazeera English
For my best F1 pics live from the track and during the week follow me on Instagram: https://bit.ly/2P6l6PYMy podcasts, F1: On & Off the Track with Kym Illman...
- 13 min
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- Kym Illman
F1 was at risk of going stale when Liberty Media stepped in. On the track, Hamilton and his team were too dominant, while Eccleston had neglected social medi...
- 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...
F1, along with $4.1 billion of existing F1 debt (which is non-recourse to Liberty Media) and $0.7 billion in F1 cash(3), is attributed to the Liberty Media Group tracking stock. Concurrently with the consummation of the acquisition, certain third party investors subscribed for $1.55 billion of newly issued shares of LMCK at a price of $25.00 per share.
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Apr 2, 2024 · Your verdict on Liberty Media’s huge €4.2billion MotoGP takeover. Liberty Media will takeover MotoGP provided they pass legal tests. We asked and you answered as you gave us your verdict on ...
