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Liberty Media Corporation (commonly referred to as Liberty Media or just Liberty) is an American mass media company founded by John C. Malone in 1991. The company has three divisions, reflecting its ownership stakes in Formula One Group, Sirius XM, and Live Nation Entertainment.
- Who Owns F1?
- Who Are Liberty Media?
- How Has F1 Changed Since The Takeover?
- What’s Next For Liberty Media and F1?
- 2026 F1 Regulation Changes Are Mapped Out
Formula 1 is one of the world’s most popular sports with a long history dating back to the 1950s. Ownership of the championship outright belongs to the governing body, the FIA, with the France-based organisation owning the rights to the name of the series and its rulebooks, as well as creating the standards for circuit grading, drivers licencing as...
The owner of the Formula One Group is an American mass media company called Liberty Media Corporation owned by billionaire John Carl Malone. Up until 2016, F1’s commercial rights were owned by private equity firm CVC Capital Partners – CVC having owned 63.4% of the Formula One Group’s shares by March 2006. In late 2016, CVC sold its F1 stake, inclu...
The sale of F1 to Liberty Media brought with it some huge changes. The company decided to rebrand to modernise the sport and make it more attractive to a younger audience. This included a refresh of the F1 logo, as well as the now beloved F1 theme tune. The firm worked to increase and improve F1’s presence on social media and video streaming platfo...
Liberty Media has big plans for the future of F1. The firm’s initial focus continues to be on its US presence. With the addition of the Miami Grand Prix in May 2022, and the new Las Vegas Grand Prix debuting in November 2023, there are now three races in the United States included in the schedule, with more US venues being discussed. Domenicali sai...
Looking even further ahead to 2026, F1 and its teams are working on a new power unit regulation set, although specific details have yet to be revealed to the public. What we know so far is that the 1.6-litre engines will remain, but without the complex MGU-H component from the hybrid system. The new engine will form part of the plan to achieve four...
Feb 16, 2017 · John Malone, the billionaire chairman of Liberty Media Corporation, is widely understood to be in control of the Nasdaq-listed company but its recent acquisition of Formula One auto racing has...
Liberty Media ranked #8 in Fortune’s 2022-2023 World’s Most Admired Companies in the Entertainment Industry. Maffei serves as President and CEO of Liberty Media Corporation, which owns media and entertainment businesses including its subsidiary Formula 1 and an interest in Live Nation Entertainment.
Maffei serves as President and CEO of Liberty Media Corporation, which owns media and entertainment businesses including its subsidiary Formula 1 and an interest in Live Nation Entertainment.
Old Liberty completes the spin-off of its ownership in Ascent Media Group, Inc. and Discovery Communications, Inc. into a separately traded company, Discovery Holding Company (NASDAQ: DISCA/B). The stock of Discovery Holding Company is distributed to existing Old Liberty stockholders as a dividend.
Sep 9, 2024 · As a result of these transactions, New Sirius is now an independent public company separate from Liberty Media, and has been renamed Sirius XM Holdings Inc.