Sepang boss Razlan Razali has urged Formula One’s new owners to “put their ego aside” and learn from the “two wheels” of Moto GP if they are to revive their sport. This year will witness the last Malaysian Grand Prix before the race disappears from the calendar after a combination of low attendances and high … Read more
Team principals said Friday former powerbroker Bernie Ecclestone still had a role to play in Formula One following the high-profile takeover of the sport by Liberty Media. Ecclestone’s time as the colourful ringmaster of Formula One was effectively finished in January when US-based Liberty Media completed its takeover of motorsport’s most prestigious brand in a … Read more
US firm Liberty Media has confirmed it is buying the racing business Formula 1 for $4.4bn (£3.3bn). The move ends years of speculation about the ownership of the company. Bernie Ecclestone will remain as chief executive but Chase Carey, vice-chairman of 21st Century Fox, will become the new chairman. Liberty Media has stakes in several … Read more