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What could F1 takeover mean for the sport?
Red Bull Racing/Getty Images) It’s not every day you switch on your TV or open your web browser, to discover one of the world’s biggest sporting series has been taken over by new owners. This week, such an occasion took place as Liberty Media bought Formula 1, for just over six billion pounds. It had been well rumoured among F1 regulars before the official confirmation came through late on Wednesday night. The deal itself is very interesting and exciting for the future of the sport. Now owned by a media corporation, Formula 1 will finally move in line with the times. It will be embracing new mediums such as Twitter, Facebook, Instagram and all the many other social media platforms out...
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8y ago from F1Zone.net
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