Formula 1 secures $2.55 billion loan ahead of MotoGP takeover
Formula 1 secured on Tuesday a $2.55 billion loan package to help finance Liberty Media’s acquisition of MotoGP....
Liberty sells $825m stake in Formula One to acquire MotoGP
Formula One’s parent company, Liberty Media, has announced a public offering of 10,650,000 shares of its Series C...
Liberty Media seals $4 billion deal to acquire MotoGP
Liberty Media, Formula One’s commercial rights holder, has added MotoGP to its portfolio of sports franchises in a...
Formula 1 reports $172 million Q3 revenue increase
Formula 1 continued to power ahead in the third quarter of 2023, with the sport recording a 24...
Formula 1 second quarter revenue hit by Imola cancelation
Formula 1 suffered a slight drop in its revenue for the second quarter of 2023 due to the...
Liberty CEO insists F1 sell-off 'not in the cards'
Liberty Media CEO Greg Maffei insists that the company has no interest in offloading the commercial rights to...
Saudi Arabia wealth fund explored $20bn bid for Formula 1
Saudi Arabia's sovereign wealth fund reportedly held talks with Formula 1 last year as it considered a bid...
Formula 1 quarterly revenue improves again year-over-year
Formula 1 remains in growth mode per its latest financial report, with the sport improving its third quarter...
Mercedes F1 co-owner sets sights on Man Utd purchase
Billionaire businessman Sir Jim Ratcliffe says he wants to buy ailing soccer team Manchester United. Ratcliffe already owns...
Formula 1 pockets $744m in revenue in second quarter 2022
The Formula One Group announced on Friday that it had generated a healthy $744 million in revenue in...
Formula 1 doubles year-over-year revenue in Q1 2022
The Formula One Group doubled its revenue to $360m in the first quarter of 2022 compared to the...
Back in the black: Formula 1 reports $92m profit for 2021
The Formula One Group put itself back on to a profitable path in 2021 thanks to a $92...