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...

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