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The Latest Breaking News from Liberty Media

Michael Cunningham: If Braves don’t retain Dansby Swanson it won’t be because they can’t afford it

ATLANTA — The Phillies raised eyebrows when they signed Bryce Harper to a 13-year contract for $330 million. Harper was voted National League MVP at 22 years old and still was in his prime, but what about later? The Phillies are on the hook to pay Harper $288 million after…

Tribune News Service

Where the Braves’ payroll stands, what it could mean for rest of offseason

A couple of months ago, Braves Chairman Terry McGuirk told The Atlanta Journal-Constitution that his goal was for the organization to eventually have a top-five payroll – but did not specify when. Recently, Liberty Media President and CEO Greg Maffei echoed this sentiment.

Tribune News Service

Mark Bradley: ‘Now pitching for the Atlanta Braves — Jacob deGrom?’

ATLANTA — The Braves’ top offseason task figured to be re-upping their shortstop. That might have changed. On Tuesday, Andy Martino of SportsNet New York reported that the chief threats to sign Jacob deGrom away from the Mets are the Rangers, who over time have thrown much money at big…

Tribune News Service

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Lewis Hamilton points finger at F1 bosses over lack of support for W Series

W Series cancelled the rest of its 2022 season over financial concerns, choosing to give itself the best chance of surviving for the future over completing the current campaign

Daily Mirror

Lewis Hamilton calls out F1 for not saving W Series season

Lewis Hamilton has called out Formula 1 and owner Liberty Media for not intervening to save the 2022 W Series season, which was prematurely ended due to financial issues.

Motorsport

Lewis Hamilton critical of F1 for not saving W Series season

Lewis Hamilton has called out Formula 1 and owner Liberty Media for not intervening to save the 2022 W Series season, which was prematurely ended due to financial issues.

Autosport

From cheesy intros to Taylor Swift: COTA’s role in the American F1 boom

The old saying “everything is bigger in Texas” will ring true for Formula 1 when it returns to the Austin this weekend.

Autosport

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Jenson Button warns F1 as he admits he will be ‘very upset’ if iconic track goes

Liberty Media are doing what they can to capitalise on the increased popularity of the sport but iconic racetracks could be at risk of dropping off the calendar

Daily Mirror

Las Vegas GP date leaked, F1 race could pair with Abu Dhabi

The inaugural Las Vegas Grand Prix night race has a preliminary race date of November 16-18 next year that could form a glitzy season-ending back-to-back with Abu Dhabi.

Motorsport

Las Vegas GP date leaked, F1 race could be paired with Abu Dhabi

The inaugural Las Vegas Grand Prix night race has a preliminary race date of 16-18 November next year that could form a glitzy season-ending back-to-back with Abu Dhabi.

Autosport

The F1 dream: motorsport is seeing revived interest in India, but funds and facilities are hard to come by

Changes have been introduced to the sport, including a vision for sustainability and diversity, and there is deeper fan engagement through social media

The Hindu

Dina Asher-Smith faces fight for World Athletic Championships spotlight as sport looks to crack America

Liberty Media’s main goal when it bought Formula One was to crack the United States. Viewing figures in the US for Drive to Survive and race attendances there for the past year suggest it has done just that.

Evening Standard

How Spa plans to wow F1 and save the Belgian GP's future

Seeing its place on the Formula 1 calendar threatened by the sport's expansionism, Spa's Belgian Grand Prix is grabbing its last chance to try and convince Liberty Media it too belongs on its new-look calendar.

Autosport

How F1 teams went from £1 rejects to billion-dollar forecasts

Formula 1 has undergone a number of seismic changes since Liberty Media took over as the commercial rights holder in 2017.

Autosport

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Autosport

Ocon: Uncertain future for French GP in F1 "disappointing"

Alpine driver Esteban Ocon says it is 'disappointing' to see that the French Grand Prix is likely to be absent from the 2023 Formula 1 calendar.

Autosport

Why F1's top bosses are thinking about a "bigger future"

Liberty Media has owned Formula 1 for five years. At the recent Financial Times/Motorsport Network Business of F1 forum in Monaco, we spoke to Liberty CEO Greg Maffei and F1 CEO Stefano Domenicali about the key milestones and their future plans for F1 for the latest edition of #ThinkingForward.

Motorsport

Why F1’s top bosses are thinking about a "bigger future"

Liberty Media has owned Formula One for five years. At the recent Financial Times/Motorsport Network Business of F1 forum in Monaco, we spoke to Liberty CEO Greg Maffei and F1 CEO Stefano Domenicali about the key milestones and their future plans for F1 for the latest edition of #ThinkingForward.

Tribune News Service

Michael Cunningham: Braves still in better shape than ‘stupid money’ Phillies

The Phillies had a new franchise owner for the 2019 season. John Middleton was promising to spend “stupid” money on free agents after years of rebuilding. I remember that caused angst for some Braves backers because their favorite team is owned by Liberty Media.

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news in one place.

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Motorsport

F1 won't lose Europe race focus amid Africa and Asia calendar plans

Formula 1 will not turn its back on Europe despite a fresh push to expand the calendar in Africa and Asia, says the championship’s CEO Stefano Domenicali.

Autosport

Domenicali doubts Formula 1 needs 11th team amid Andretti push

Formula 1 CEO and president Stefano Domenicali has cast doubt on Andretti’s push to join the grid as an 11th team, saying any new entry needs to be “really significant”.

Daily Mirror

Charles Leclerc hits out at possibility Monaco GP will be axed from F1 calendar

Ferrari star Charles Leclerc, who relinquished the championship lead to Red Bull's Max Verstappen after the Spanish Grand Prix, has called on F1 to retain the Monaco event in future seasons

Daily Mirror

Bernie Ecclestone slams “stupid” Miami Grand Prix and hits out at F1 direction

Former Formula 1 boss Bernie Ecclestone has criticised the Miami Grand Prix after the event was hosted for the first time in 2022

Motorsport

Why F1 is spending $240m on a Las Vegas construction plot

Formula 1 is spending a substantial sum of $240 million on pits and paddock alone to make the Las Vegas Grand Prix a reality. But for a sport whose business model has long relied on race-hosting fee, why is it taking an unconventional route to expand its presence in America?…

Benzinga

Here's How Liberty Media Fared In Q1

Liberty Media Corp (NASDAQ:FWONA) reported first-quarter 2022 results, with results attributed to Liberty SiriusXM Group, Formula One Group, and Braves Group. Liberty SiriusXM Group: Liberty SiriusXM reported first-quarter FY22 revenue growth of 6% year-on-year to $2.19 billion. Liberty SiriusXM operating income expanded 108% Y/Y to $493 million. Liberty SiriusXM's adjusted OIBDA was $690…

Autosport

F1 pays $240m to acquire city site for Las Vegas GP paddock

Formula 1 has acquired a 39-acre site in central Las Vegas for $240m in order to create a space for the pit and paddock area for next year's grand prix.

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