News Details

Liberty responds: 'Maybe do other things to help F1 teams'

Liberty Media has already paid out an advance on the prize money to some teams in Formula 1 and it may not be enough. As CEO of Liberty, Greg Maffei argues that it is quite a challenge to launch the royal class of motorsport and that all parties involved can reap the benefits. "We have scenarios for zero races, everything between 15 and 18 races, and races with no fans present and only the teams," Maffei hints at in a conversation with Wall Street analysts. So it is certainly not excluded that there will be Grands Prix without spectators, but that would also have financial consequences for Liberty Media. "Profitability is lower and maybe even gone." Read more Leclerc:...
Full Story »
5y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Liberty boss admits closed door events pose 'economic'...

Liberty Media CEO Greg Maffei says F1 will most likely resort to running...
5y ago from F1i.com

Red Bull reassures smaller teams: 'Liberty Media will...

Christian Horner thinks Liberty Media is not going to let it happen that...
5y ago from GPBlog.com

Liberty Media komt in actie: 1,4 miljard dollar...

Liberty Media has confirmed Thursday that it will lend a helping hand to...
5y ago from GPBlog.com

Hulkenberg is still in contact with F1 drivers: 'See...

Nico Hulkenberg went into a big interview with some drivers from Formula...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez takes victory in first-ever Brazilian...

Marc Marquez claimed his first Sprint victory of the season in the...
13h ago from MotorsportWeek.c...

Fabio Di Giannantonio secures pole position on...

VR46 Ducati's Fabio Di Giannantonio ended a four-year drought to claim...
18h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Takuma Sato makes Indy 500 return with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...

Helio Castroneves confirms return for 26th...

Helio Castroneves has confirmed that he will take part in the upcoming...

Popular On TotalWRC.com

Popular On GunnersToday.com

Carabao Cup final preview: A chance for silverware and...

Morning all, it's Carabao Cup final day. It's our first final since the FA...
47m ago from Arseblog.com

‘One-nil down, two-one up’: when Arsenal won their...

enal hope to win the trophy for a third time against Manchester City on...
2h ago from TheGuardian.com

The big League Cup final quiz

No description available...
10h ago from TheGuardian.com

‘We enjoy it’: Gabriel relishing Carabao Cup final...

der of Arsenal’s defence ‘gives everything for the badge’ and hopes...
10h ago from TheGuardian.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.