Cable Forum - View Single Post - Racing (Car) Liberty Media to buy Formula 1 fir $4.4 Billion

1andrew1 · 08-09-2016, 08:46

I think that will be good for the sport as Liberty Media has the skills to modernise F1 in a digital world whereas its previous owners just used it to generate cash. As to TV rights, I assume it will still be a case of bidding so no favourtism for Eurosport. But I suspect Liberty might be keener for some races to remain on a FTA channel than its previous owners were as it is investing in the sport long term.

08-09-2016, 08:46	#5
1andrew1 cf.mega poster Join Date: Dec 2013 Posts: 15,673	Re: Liberty Media has confirmed it is buying the racing business Formula 1 for $4.4bn I think that will be good for the sport as Liberty Media has the skills to modernise F1 in a digital world whereas its previous owners just used it to generate cash. As to TV rights, I assume it will still be a case of bidding so no favourtism for Eurosport. But I suspect Liberty might be keener for some races to remain on a FTA channel than its previous owners were as it is investing in the sport long term.