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Liberty Media won't sell the rights: 'We are excited'
Formula 1's commercial rights holder Liberty Media has no plans to sell the rights, chairman and CEO Greg Maffei has said, believing that Liberty still sees opportunities to increase revenues from Formula 1. Article continues under ad "We are very enthused about where Formula 1 is now but [also] where it’s going as well. You look at the big revenue streams there, all have good direction." Maffei told the Moffett Nathanson Media and Communications Summit conference. Libert Media and FIA The US businessman also made statements about sponsorship in Formula 1. "We’ve opened up the number of global sponsors. I think we’ve gone from five to 12 of our biggest sponsor...
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2y ago from GPBlog.com
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