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The Latest Breaking News from Greg Maffei

F1 apologises to Las Vegas for disruption caused by new night race

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

The Guardian - AU

How F1 will use Las Vegas Sphere as U2 pause residency

The race has obliged Irish rock band U2 to pause its residency at the recently-opened venue for over three weeks.

Motorsport

Liberty: F1 Concorde discussion won't be "snot-gobbling fight"

The current deal that runs from 2021 and 2025 was negotiated by former F1 CEO Chase Carey in what was regarded as a new spirit of cooperation compared to the often confrontational debates of the earlier Bernie Ecclestone era.

Autosport

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Liberty Media moves into MotoGP with Quint Events purchase

The deal also gives Liberty a foothold in other sports and major events on the hospitality and entertainment side, including NASCAR's Chicago street race, the NBA, Australian Open tennis and the Kentucky Derby.

Autosport

Liberty admits that Las Vegas F1 race costs are rising

The race is the first to be promoted and organised by Liberty and the F1 organisation, with the support of the city authorities and the main casino organisations.

Autosport

Formula 1 still at odds with FIA over 11th team talks

Ben Sulayem has noted that it was the FIA’s duty to open up an entry process as the Concorde Agreement allows for up to 12 teams, and he’s insisted that he was fulfilling the rules by so doing.

Autosport

F1 still at odds with FIA over 11th team talks

Ben Sulayem has noted that it was the FIA’s duty to open up an entry process as the Concorde Agreement allows for up to 12 teams, and he’s insisted that he was fulfilling the rules by doing so.

Motorsport

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Ben Sulayem wants works teams from USA and China in F1

As motor racing’s governing body continues its evaluation of potential new entries from 2025, Ben Sulayem says he thinks the arrival of manufacturers from the world’s two largest economies would be great for F1.

Motorsport

The forgotten £22m deal that could offer clue to next Liverpool and FSG move

It's 24 years to the day since Liverpool sold 9.9 per cent of the club to Granada

Liverpool Echo

Liverpool investment hopes boosted as £16bn company confirms Premier League interest

Liberty Media, who own Formula One, have been revealed to hold an interest in investing in the Premier League - a boost for Liverpool, who are continuing their search for further investment

Daily Mirror

Liverpool investment latest as £16.35bn firm linked with FSG deal admit interest

Liverpool owners FSG have held talks with interested parties over investment over the past year

Liverpool Echo

How Montreal has ridden North America's F1 wave

In fact, this year marks the 45th anniversary of the first race in Montreal, famously also the maiden victory of local hero Gilles Villeneuve.

Autosport

Brown would welcome new F1 Concorde Agreement "sooner rather than later"

The current Concorde Agreement, F1's crucial three-way commercial deal between the commercial rights holder (Liberty Media-owned FOM), the FIA and the 10 teams covers the 2021-2025 period.

Autosport

F1 owner shares stance on selling sport amid Saudi Arabia PIF and Elon Musk interest

Worldwide interest in F1 has grown rapidly in recent years – as have revenues – meaning Liberty Media would be able to command a very high price for the sport should it choose to sell

Daily Mirror

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The Hindu

Formula One faces the price of success in new Concorde talks

Formula One teams are set to start talks with the sport’s governing body and owners on a new collective agreement with wrangles over a number of thorny issues expected as the sport faces up to the price of success.

Chicago Sun-Times

NASCAR street races forcing Museum Campus closures: Another summer headache for Chicago

Much of Grant Park will be closed to accommodate NASCAR. Now the Field Museum and the Shedd Aquarium have announced schedule changes because of road closures and expected crowds.

Autosport

Liberty: F1 must “strike while the iron is hot” on next Concorde deal

Maffei suggests that all parties will benefit from the early conclusion of a new contract while the series is in a strong position and interest is growing worldwide.

Autosport

Why F1 hopes what happens in Vegas won't stay in Vegas

What makes it unique is that it is being promoted by Liberty Media and F1 and not by a local third party. The city and the casinos that own the land are partners, but the commercial rights holder is taking the big risks and stands to win or lose depending…

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Motorsport

Why Las Vegas is key to F1's growth plans

On March 1, Liberty Media released its 2022 annual results, and they indicated a spectacular performance by Formula 1 as the effect of COVID finally disappeared.

Autosport

How Liberty is "playing long game" to help F1 teams make money

Liberty Media CEO Greg Maffei says Formula 1 is playing a “long game” in growing the overall size of the business while helping the teams to make money.

Fortune

Bots helped drive Taylor Swift ticket fiasco, Ticketmaster’s largest shareholder says

Fourteen million people were competing for presale tickets to the singer’s Eras tour, he said.

Motorsport

Las Vegas GP date leaked, F1 race could pair with Abu Dhabi

The inaugural Las Vegas Grand Prix night race has a preliminary race date of November 16-18 next year that could form a glitzy season-ending back-to-back with Abu Dhabi.

Autosport

Las Vegas GP date leaked, F1 race could be paired with Abu Dhabi

The inaugural Las Vegas Grand Prix night race has a preliminary race date of 16-18 November next year that could form a glitzy season-ending back-to-back with Abu Dhabi.

Autosport

How F1 teams went from £1 rejects to billion-dollar forecasts

Formula 1 has undergone a number of seismic changes since Liberty Media took over as the commercial rights holder in 2017.

Autosport

Why F1's top bosses are thinking about a "bigger future"

Liberty Media has owned Formula 1 for five years. At the recent Financial Times/Motorsport Network Business of F1 forum in Monaco, we spoke to Liberty CEO Greg Maffei and F1 CEO Stefano Domenicali about the key milestones and their future plans for F1 for the latest edition of #ThinkingForward.

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