F1: Liberty Media Fuels a Air of Uncertainty, Stock Tanks $RACE, $FWONK Liberty Media claims that F1 reversing stock price may have been fueled by an air of uncertainty over if it will strike a new deal with the 10 racing Teams before their current contract expires in years. Liberty bought F1 for $4.6-B, and […]
F1: Ferrari (NYSE:RACE) and MercedesAMG Could Leave the Sport $RACE, $LMCA Ferrari is not bluffing, neither is MercedesAMG Bernie Ecclestone has warned F1 owners Liberty Media that Ferrari AND McLaren could both leave the sport. Liberty Media (NASDAQ:LMCA) bought into F1 in a $4-B deal last January and have since proposed a number of controversial […]
F1: Ferrari (NYSE:RACE) Is Formula One, Ross Brawn Knows It $RACE, $FCAU Liberty Media’s Managing Director of Motorsports, Ross Brawn sent a olive branch disguised as a warning to Ferrari (NYSE:RACE) after its latest F1 quit threats and seems confident the motorsport can survive if the iconic Italian manufacturer ankled. Mr. Brawn, eager to please […]
F1: Liberty Media (NASDAQ: ) May Change Prize Money Structure $RACE, $LMCA Formula 1’s future owners Liberty Media (NASDAQ:LMCA) has hinted that the Trier 1 motorsport’s prize money structure could change, and that Ferrari (NYSE:RACE) may lose some financial privileges it has enjoyed for a generation, thought not likely in fact. With Liberty is moving […]
F1: Ferrari (NYSE:RACE)Team Driver Vettel Pushing Arrivabene Out $RACE Sebastian Vettel Key focus is to drive Ferrari’s Formula 1 car but behind the scenes he is pushing hard for team alignment, tha means that arrivederci to Signor Arrivabenne, The Scuderia’s current team manager. Last month, Mr. Arrivabene said the World Champion Vettel had to earn his […]
F1: Bernie Ecclestone, “I wouldn’t want Arrivabene’s job at Ferrari” $RACE Bernie Ecclestone, 84 anni, says Ferrari ‘has gone back to being a very Italian team again’ and feels its problems stem from management issues which Maurizio Arrivabene must find solutions for. After a resurgence in Y 2015 with the arrival of Sebastian Vettel from […]
F1: Bernie Ecclestone wants more Drama, backs Donald Trump for US President $RACE Bernie Ecclestone wants to add drama and make racing riskier to rekindle interest. Formula One supremo Bernie Ecclestone, 86 anni, has suggested changes that he thinks will help improve or rather spice up the sport, which has seen a decrease in the […]
F1’s New Owner, Liberty Media, to Expand the Iconic Brand $LMCA, $LBTYB New F1 Chairman, Chase Carey, Vice Chairman of 21st Century Fox says changes are in store for Formula 1 Formula One Group’s new Chairman Chase Carey said Sunday in Singapore that Liberty Media’s purchase of the world’s #1 motorsport is not solely aimed […]
Formula 1 Sold To John Malone’s Liberty Media for $8-B $LMCA, $LMCK Having run Formula 1 with an Iron Hand for 40 years expected Bernie Ecclestone to exit iconic, profitable Tier 1 motorsports event he created single-handed, and even on its sale for about $8.5-B he will stay in his seat of power and influence. […]