Liberty Media
F1 ‘set to reveal’ European leg to commence 2020 season
Formula 1 is reportedly set to reveal plans for an eight-race European leg to commence its 2020 season, with the caveat that this will depend on the Covid-19 situation in the UK
Formula 1 first-quarter profits plummet
Formula 1 has posted an 84-per-cent year-on-year drop in net profit in the first quarter, at $39m (€36m), down from $246m a year ago.
Liberty Media moves to shore up F1 finances
Formula One Group owner Liberty Media has announced that it has reattributed its stake in Live Nation Entertainment from the sport to its SiriusXM tracking stock in a move that will see $1.5bn (€1.3
Aramco pays upwards of $40m per year to join F1 top tier
Saudi Aramco, one of the world’s biggest oil and gas companies, will pay between $40m (€36.6m) and $45m per year for global partner rights to Formula 1 over 10 years from 2020 to 2029.
Moody’s downgrades F1 outlook, McLaren furloughs staff
Credit rating agency Moody's has downgraded its outlook for the Nasdaq-listed Formula One motor racing series to 'negative' from 'positive'
F1 sponsorship chief Barnett replaced by Heineken’s Pincus
Formula 1 today (Thursday) announced that Murray Barnett will step down from his role as director of sponsorship and commercial partnerships to “pursue wider commercial opportunities”.
Commercial chief Bratches ‘to exit F1 next week’
Formula 1’s parent company, Liberty Media, has completed arrangements for the motor-racing championship’s managing director of commercial operations, Sean Bratches, to depart from his position as early as …
Carey defends lack of F1 sponsorships in Liberty Media era
Formula 1 chief executive Chase Carey has defended the lack of major sponsorship deals secured since Liberty Media’s takeover of the motor-racing championship, adding that he has a “three-page back lis…
F1 reports rise in quarterly profit
Motor-racing championship Formula 1 saw its operating income rise by $5m (€4.54m) year-on-year, despite a fall in revenue, as this was offset by reduced costs.
Toro Rosso seeks to change name to AlphaTauri
Formula One team Toro Rosso has sought approval from the FIA and Liberty Media to change its name to AlphaTauri, also the name of a fashion brand run by the team's owner Red Bull.
According to Speedweek
Keeping festivalisation local keeps Singapore GP in tune with a constantly changing metropolis
There are few greater highlights on the Formula One calendar than the cars racing through Singapore’s floodlit cityscape.