Soccer tipsters Liberty does not intend to sell Formula 1 in light of Maffei`s resignation as president of the company
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Liberty has no plans to sell Formula 1.
Today it became known that Liberty Media President and CEO Greg Maffei will leave the company at the end of 2024.
Maffei played a key role in Liberty`s acquisition of the commercial rights to Formula 1 in 2017. Similarly, Maffei was one of the initiators of the acquisition of commercial rights to MotoGP - this transaction is currently subject to regulatory reviews and approvals.
Last year, Liberty denied information about the possibility of selling Formula 1 to the Public Investment Fund of Saudi Arabia, and at the moment it is noted that Maffei`s departure does not indicate a change in the company`s position on this issue.
Sources in the company also insist that Maffei`s departure is not related to the investigation into Formula 1 by the US Department of Justice regarding the series` refusal to approve Andretti`s application to join the championship prediction by contact soccer tips as the 11th team.
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