The Latest Breaking News from Greg Maffei

Formula 1 is an expensive, exclusive and - to the likes of Andretti, at least for the time being - elusive club.

Liberty Media has announced that it is facing an investigation by the US Department of Justice over rejecting Andretti Global's Formula 1 bid.

Reflecting on how F1's new American owner had transformed grand prix racing since it took ownership in 2017, its president Greg Maffei claims that some of its advances were helped by there being low-hanging fruit from day one.

Grand Prix racing's key stakeholders have begun discussions to frame the next Concorde Agreement, the document by which F1 is run, that is set to cover the period 2026 to 2030.

Grand Prix racing's key stakeholders have begun discussions to frame the next Concorde Agreement, the document by which F1 is run, that is set to cover the period 2026 to 2030.

A staple of American sports is the ‘Make Some Noise Meter’ on Jumbotron TVs inside their stadiums – a clearly-faked decibel level monitor that encourages the excitable home fans to whoop even more loudly, which is usually employed to put off the opposition on a third down or a free throw.

Liberty convinced local authorities and major casinos to back the project and allow the city to be closed down, and for the first time the organisation also served as promoter of the event, taking on the associated financial risks.

On 1 April, American media giant Liberty announced it had acquired 86% ownership of Dorna Sports and the MotoGP World Championship in a blockbuster €4.2 billion deal.

On Monday 1 April, Formula 1 owner Liberty announced it had acquired MotoGP and parent company Dorna Sports from Bridgepoint Capital for €4.2 billion.

On Monday morning, American media giant Liberty announced it had acquired 86% ownership in MotoGP in a deal worth €4.2 billion.

Greg Maffei has issued an apology for the disruption brought to the city after workers expressed disquiet over the impact on infrastructure