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The Latest Breaking News from Greg Maffei

Why F1 is spending $240m on a Las Vegas construction plot

Formula 1 is spending a substantial sum of $240 million on pits and paddock alone to make the Las Vegas Grand Prix a reality. But for a sport whose business model has long relied on race-hosting fee, why is it taking an unconventional route to expand its presence in America?…

Las Vegas Lands Another Major Sports Franchise

Las Vegas Lands Another Major Sports Franchise

Sin City and the Las Vegas Strip have quickly become the center of the sports world which has been great news for Caesars and MGM.

Here's How Liberty Media Fared In Q1

Here's How Liberty Media Fared In Q1

Liberty Media Corp (NASDAQ:FWONA) reported first-quarter 2022 results, with results attributed to Liberty SiriusXM Group, Formula One Group, and Braves Group. Liberty SiriusXM Group: Liberty SiriusXM reported first-quarter FY22 revenue growth of 6% year-on-year to $2.19 billion. Liberty SiriusXM operating income expanded 108% Y/Y to $493 million. Liberty SiriusXM's adjusted OIBDA was $690…

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F1 pays $240m to acquire city site for Las Vegas GP paddock

Formula 1 has acquired a 39-acre site in central Las Vegas for $240m in order to create a space for the pit and paddock area for next year's grand prix.

F1 pays $240m to acquire city site for Las Vegas paddock

Formula 1 has acquired a 39-acre site in central Las Vegas for $240m in order to create a space for the pit and paddock area for next year's grand prix.

Formula One Finally Found a Way to Get Americans to Care

The posh, stodgy European sport has been transformed for the U.S. with a hit Netflix series, race car drivers on Twitch, and a Miami-meets-Vegas overhaul—and it’s working.

Domenicali wants F1 to avoid "boomerang" American driver

Stefano Domenicali is eager to ensure Formula 1 does not encounter a 'boomerang' effect with any possible American driver amid the swell in US interest in the series.

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F1: No fears of dilution with three US races from 2023

F1: No fears of dilution with three US races from 2023

Formula 1 boss Stefano Domenicali believes the addition of a third race in the United States next year will not dilute the market and only bring “added value for everyone”.

Saturday 10pm start for Las Vegas GP is "perfect time", says F1

Saturday 10pm start for Las Vegas GP is "perfect time", says F1

Formula 1 boss Stefano Domenicali believes holding the Las Vegas Grand Prix on a Saturday night is the “perfect time” and will attract fans across the world.

Saturday 10pm start for Las Vegas GP is ‘perfect time’, says F1

Saturday 10pm start for Las Vegas GP is ‘perfect time’, says F1

Formula 1 boss Stefano Domenicali believes holding the Las Vegas Grand Prix on a Saturday night is the “perfect time” and will attract fans across the world.

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