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Related Special Reports
...By buying MotoGP, Liberty will unite the world’s two leading motorsport contests under one roof. However, the acquisition may attract regulatory scrutiny....
...A day later, a cache of messages was anonymously sent to Ben Sulayem, F1 chief Stefano Domenicali, Toto Wolff, the boss of rival F1 team Mercedes, and other leading figures in motorsport....
...its new motorsport asset....
...David Richards, chair of engineering group Prodrive Technologies and domestic governing body Motorsport UK, speaks of the “fine balance” Liberty must walk in keeping F1 employees happy as well as its fans...
...This newfound emphasis is why Liberty Media has been able to take F1 into Miami and Las Vegas, expanding the calendar to 24 grands prix....
...The electric racing series, which is backed by Liberty Global, Warner Bros Discovery and Saudi Arabia’s sovereign wealth fund, was selling the 12th and final spot on its grid, chief executive Jeff Dodds...
...Under Liberty Media, more money is being shared with the teams, though....
...Liberty was not the sole suitor. TKO, fresh from combining the Ultimate Fighting Championship with WWE, was also keen to get into motorsport....
...They’re trying to change the culture, not only of F1, but of motorsport, to get girls into karting much earlier....
...However, Liberty Media said in its annual report for 2022 that F1 TV was one of the reasons for increased media rights revenues that year....
...Fresh from meeting Elon Musk at the Miami Grand Prix last weekend, the Red Bull Racing chief commented on the Tesla boss’s ambitions in motorsport, criticised electric car racing and warned US F1 owner Liberty...
...all-female single-seater racing series is under no immediate pressure to make money, according to its managing director, as it marks just the first phase in a top-to-bottom plan to foster gender equality across motorsport...
...rights” and that the FIA “may be liable” if the president’s tweets “damage the value of Liberty Media”....
...Liberty Media has sought to redraw the economics of the sport to entice manufacturers and investors....
...Motorsport opens a new chapter today with the first races of the F1 Academy — a new single-seater competition for young women and girls....
...But, in addition to adding races in Miami and Las Vegas, Liberty has signed up new events in Saudi Arabia and Qatar....
...In 2017, Liberty Media became F1's new owners in an $8bn deal....
...Not bad versus Liberty’s original $8bn deal. But not everyone is enthused....
...The growth of F1 TV Pro last year stood out because Liberty Media reported 1.54bn cumulative TV viewers in 2022, a slight decrease from 1.55bn the previous year....
...Liberty Media and the Fédération Internationale de l’Automobile, the motorsport’s governing body, persuaded teams to agree to a cost cap to help level the playing field....
...The firm held the motorsport tour for 11 years, selling it to Liberty Media in 2017 for a 450 per cent return on investment....
...In other words, the stakes are high and Liberty Media’s job isn’t done yet....
...Audi will join Formula 1 from 2026, Volkswagen’s premium marque has said, joining German rival Mercedes at the frontline of the rapidly growing motorsport....
...Formula One, the car racing competition owned by Liberty Media, the US group controlled by billionaire John Malone, face similar concerns amid the pandemic....
...Formula One, the global motorsport, officially confirmed that it will race in Las Vegas from 2023....
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