F1 Team Values 2024: Ferrari on Top, Every Team Now Over $1B
Max Verstappen clinched his fourth straight drivers’ championship Sunday at the Las Vegas Grand Prix. It was not like the runaway titles of the last two seasons, when…
liberty media
Formula 1 to Add General Motors Team for 2026 Season
Formula 1 on Monday announced an agreement with General Motors and its Cadillac brand to join the race series as the 11th team starting in 2026. F1, which Liberty…
F1 Finds Las Vegas a Gateway to Global Sponsor Deals
UPDATE: Max Verstappen won his fourth straight championship Saturday night at the Las Vegas Grand Prix as he finished fifth, ahead of title rival Lando Norris. Mercedes…
Liberty Media CEO Greg Maffei to Step Down After Two Decades
Liberty Media will be under new leadership next year. The company has announced that CEO Greg Maffei will be stepping down when his contract expires at year’s end…
F1 Revenue Falls as Liberty Media Completes Split-Off of SiriusXM
Liberty Media, the company controlled by billionaire mogul John Malone that owns the Formula 1 racing circuit and a stake in Live Nation, reported third-quarter earnings…
Liberty Global Buys Formula E Controlling Stake From WBD
Liberty Global is buying a stake of Formula E from Warner Bros. Discovery, giving the media company controlling interest in the all-electric version of the…
Exclusive
John Malone: The Atlanta Braves Are ‘Not for Sale’
As much as speculation about a potential sale of the Atlanta Braves keeps turning up like a bad penny, John Malone has no intention of auctioning off the club.In a phone…
Infinite Reality Acquires Drone Racing League for $250 Million
Infinite Reality, a creator of AI-powered experiences, has acquired the Drone Racing League for $250 million. The acquisition, which increases the company’s valuation to…
F1 Owner Liberty Media to Buy Motorcycle Racing Circuit MotoGP
Formula 1 owner Liberty Media, led by chairman John Malone and CEO Greg Maffei, has struck a deal to acquire a big majority stake in the company behind the motorcycle…
Liberty CEO Expects Vegas F1 Event to Generate Big Revenues
The Las Vegas Grand Prix is unlike any party that its owners have thrown. It’s also an experiment for parent company Liberty Media. Instead of hiring a third party…
Buffett’s Berkshire Hathaway Acquires $8M of Stock in Braves
The billionaire likes baseball. Famed money manager Warren Buffett recently acquired shares in the Atlanta Braves and Live Nation, according to a quarterly…
Formula 1 Reels in $887M in Q3 Ahead of Las Vegas Grand Prix
Formula 1 is speeding into one of its biggest events ever after a record-breaking third quarter. Parent company Liberty Media reported on Friday that F1 reeled in…
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