News Details
'Report' out of left field claims Liberty could sell F1!
The internet is buzzing this morning with a story claiming that Liberty Media could be looking to unload Formula One from its books. The 'report' - or rather vague causerie - emanated from an obscure source called 'John Wall Street' and states that Liberty could be ready to throw in the towel with regard to Grand Prix racing less than three years after acquiring the sport from its previous owner, CVC Capital Partners. JWS invokes Liberty's failure to "add races and /or major sponsors, attract young fans or drive digital revenues" as a justification for billionaire John Malone's media empire to ditch F1. Tilke not worried by short time frame to build Vietnam track While an event...
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