News Details

Liberty responds: 'Maybe do other things to help F1 teams'

Liberty Media has already paid out an advance on the prize money to some teams in Formula 1 and it may not be enough. As CEO of Liberty, Greg Maffei argues that it is quite a challenge to launch the royal class of motorsport and that all parties involved can reap the benefits. "We have scenarios for zero races, everything between 15 and 18 races, and races with no fans present and only the teams," Maffei hints at in a conversation with Wall Street analysts. So it is certainly not excluded that there will be Grands Prix without spectators, but that would also have financial consequences for Liberty Media. "Profitability is lower and maybe even gone." Read more Leclerc:...
Full Story »
5y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Liberty boss admits closed door events pose 'economic'...

Liberty Media CEO Greg Maffei says F1 will most likely resort to running...
5y ago from F1i.com

Red Bull reassures smaller teams: 'Liberty Media will...

Christian Horner thinks Liberty Media is not going to let it happen that...
5y ago from GPBlog.com

Liberty Media komt in actie: 1,4 miljard dollar...

Liberty Media has confirmed Thursday that it will lend a helping hand to...
5y ago from GPBlog.com

Hulkenberg is still in contact with F1 drivers: 'See...

Nico Hulkenberg went into a big interview with some drivers from Formula...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Strongest season yet for Pato O’Ward has been...

Pato O’Ward is having the best IndyCar season of his career, and is...

McLaren to auction future F1, IndyCar and WEC cars in...

McLaren is to auction future F1, IndyCar and World Endurance Championship...

Chip Ganassi: ‘We’re spoiled’ having drivers...

Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

Situation ‘one to watch' as rivals plot late...

Arsenal attacker Leandro Trossard has been linked with a move away from...
3h ago from CaughtOffside.com

Crystal Palace interested in 25-year-old Arsenal star...

Crystal Palace are reportedly interested in signing Arsenal star Jakob...
9h ago from SportsKeeda.com

Arteta's press conference snippets : Extra Saturday...

Morning, a quick Saturday round-up for you. Mikel Arteta held his first...
14h ago from Arseblog.com

'I haven't fulfilled my dreams here yet' | Bruno's...

Manchester United captain Bruno Fernandes discusses leadership groups,...
11h ago from SkySports.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.