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The Latest Breaking News from Greg Maffei

Why F1’s top bosses are thinking about a "bigger future"

Liberty Media has owned Formula One for five years. At the recent Financial Times/Motorsport Network Business of F1 forum in Monaco, we spoke to Liberty CEO Greg Maffei and F1 CEO Stefano Domenicali about the key milestones and their future plans for F1 for the latest edition of #ThinkingForward.

Motorsport

Domenicali doubts Formula 1 needs 11th team amid Andretti push

Formula 1 CEO and president Stefano Domenicali has cast doubt on Andretti’s push to join the grid as an 11th team, saying any new entry needs to be “really significant”.

Autosport

Bernie Ecclestone slams “stupid” Miami Grand Prix and hits out at F1 direction

Former Formula 1 boss Bernie Ecclestone has criticised the Miami Grand Prix after the event was hosted for the first time in 2022

Daily Mirror

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Why F1 is spending $240m on a Las Vegas construction plot

Formula 1 is spending a substantial sum of $240 million on pits and paddock alone to make the Las Vegas Grand Prix a reality. But for a sport whose business model has long relied on race-hosting fee, why is it taking an unconventional route to expand its presence in America?…

Motorsport

Here's How Liberty Media Fared In Q1

Liberty Media Corp (NASDAQ:FWONA) reported first-quarter 2022 results, with results attributed to Liberty SiriusXM Group, Formula One Group, and Braves Group. Liberty SiriusXM Group: Liberty SiriusXM reported first-quarter FY22 revenue growth of 6% year-on-year to $2.19 billion. Liberty SiriusXM operating income expanded 108% Y/Y to $493 million. Liberty SiriusXM's adjusted OIBDA was $690…

Benzinga

F1 pays $240m to acquire city site for Las Vegas GP paddock

Formula 1 has acquired a 39-acre site in central Las Vegas for $240m in order to create a space for the pit and paddock area for next year's grand prix.

Autosport

F1 pays $240m to acquire city site for Las Vegas paddock

Formula 1 has acquired a 39-acre site in central Las Vegas for $240m in order to create a space for the pit and paddock area for next year's grand prix.

Motorsport

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Formula One Finally Found a Way to Get Americans to Care

The posh, stodgy European sport has been transformed for the U.S. with a hit Netflix series, race car drivers on Twitch, and a Miami-meets-Vegas overhaul—and it’s working.

Businessweek

Domenicali wants F1 to avoid "boomerang" American driver

Stefano Domenicali is eager to ensure Formula 1 does not encounter a 'boomerang' effect with any possible American driver amid the swell in US interest in the series.

Autosport

F1: No fears of dilution with three US races from 2023

Formula 1 boss Stefano Domenicali believes the addition of a third race in the United States next year will not dilute the market and only bring “added value for everyone”.

Autosport

Saturday 10pm start for Las Vegas GP is "perfect time", says F1

Formula 1 boss Stefano Domenicali believes holding the Las Vegas Grand Prix on a Saturday night is the “perfect time” and will attract fans across the world.

Motorsport

Saturday 10pm start for Las Vegas GP is ‘perfect time’, says F1

Formula 1 boss Stefano Domenicali believes holding the Las Vegas Grand Prix on a Saturday night is the “perfect time” and will attract fans across the world.

Autosport

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