Ex-Formula 1 CEO Bernie Ecclestone picked up the number two spot on the UK’s top taxpayers list, following a lengthy legal battle with the UK tax authorities. Ecclestone had to pay HMRC a staggering £652.6 million consisting of tax and penalties, after being forced to settle a debt. His giant payment has boosted him into
MoreAt the time of writing this (January 23), it marks exactly seven years since Bernie Ecclestone was replaced as CEO of Formula 1, ending a significant era in the sport. Ecclestone was dismissed by the current owners of the sport Liberty Media, in what was a forced exit following their takeover of the pinnacle of
More
Ex-Ferrari and Williams team manager Peter Windsor has urged Formula 1 owners Liberty Media to “get more behind” Aston Martin reserve driver Felipe Drugovich, who he views as a “serious” talent. Drugovich has been Aston Martin’s reserve driver since he won the Formula 2 title in 2022 and will continue in the role next season.
More
Liberty Media CEO Greg Maffei has issued an apology to the local residents in Vegas, due to the chaos this weekend’s Las Vegas Grand Prix has caused. Whilst Formula 1, the teams and the drivers can’t wait to race in Sin City for the first time since 1982, the local residents are more excited for
More
Liberty Media president and CEO Greg Maffei has joked that only a broken leg can stop Max Verstappen from dominating Formula 1, something the Dutchman is currently doing with embarrassing ease. Since Liberty Media claimed the commercial rights to F1 in 2017, the sport has gone from strength to strength, although Verstappen and Red Bull
More
Sky F1 commentator David Croft has voiced his strong belief that the Fédération Internationale de l’Automobile (FIA) should relinquish its central role in shaping Formula 1’s rulebooks, urging a more prominent role for commercial owners Liberty Media. Croft’s insights add to the ongoing debate surrounding the governance of the sport and the dynamics of its
More
Liberty Media CEO Greg Maffei has revealed that TV viewership in the United States is currently up on what it was at last season, suggesting that Formula 1’s boom across the pond is continuing. F1 has been growing exponentially in the US over the last few years, most notably since Liberty Media bought the sport.
More
According to a report from Italy, Formula 1 owners Liberty Media are allegedly pushing for a ‘dream team’ scenario at Red Bull, targeting the inclusion of Lando Norris and Charles Leclerc from 2025 or 2026 onwards. The objective is to form a team of two ‘number one’ drivers in order to enhance the competition at
More
Formula 1 owner’s Liberty Media have done a remarkable job since purchasing the sport’s commercial rights in 2017, with the pinnacle of motorsport being bigger than ever before. F1 has become bigger in every aspect, both globally and financially. The sport is making more money than it ever has done, whilst more and more countries
More
Liberty Media CEO Greg Maffei has revealed that the owners of Formula 1 have “looked” into buying multiple Premier League teams, with the belief that “sport in general is attractive”. F1’s owners have reportedly looked into purchasing Liverpool, Manchester United or Tottenham, with all three considered as part of the ‘Big Six’. Liberty Media have
More