End of the road for the super rollers of the Grand Prix?

Formula One owner Liberty Media wants to end ‘deal of the day’ mentality after its $4.4bn takeover

29th January, 2017
Chase Carey, chief executive, Formula One

The days of Formula One taking millions from deep-pocketed nations with little history in auto racing to stage Grand Prix events may be over. New owner Liberty Media wants to end a “deal of the day” mentality to focus on key markets, including the US and Europe.

So says Chase Carey, who last week was named Formula One chief executive, taking over from Bernie Ecclestone, the billionaire who ran the sport for four...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The twelve deals of the year

Alphabet soup: 2021 in review

EY reports €393m revenues in Republic of Ireland for 2021 financial year