Liberty Media Bought Formula 1 For $301M, Seven Years Later It's Now Worth $18.22B https://jalopnik.com/liberty-media-bought-formula-1-for-301m-seven-years-l-1851207068
Andretti's bid to join the circus has been rejected as expected. Back to the drawing board for him, too bad he can't get a refund for all of the money he's spent to this point trying to get in.
Proving that allowing the existing teams to make decisions like this is a losing situation. Short sighted, and entirely money motivated. Has nothing to do with on track competitiveness.
Disappointing, but not unexpected news. Makes you miss the old Bernie dictatorship. If he thought it was a good idea, it would happen.
Welp, they can still race if they show up with a car. They just won't get any money from participating. I see a lawsuit happening in the near future.
Per Will Buxton Hearing a big announcement is on the way before the end of the week. If it is what I think it is, it’s absolutely massive. Will Buxton @wbuxtonofficial At this rate F1 silly season will be over before testing’s begun.
F1 did say that he can try again in 2028 when he actually has GM backing, and they would have much better luck getting in. Renault was going to be his engine supplier until 28.
very interesting. not sure why he would leave Mercedes and just retire as their brand ambassador. Would have made more sense to join Red Bull if it was about winning. Guess it was about the cents