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F1 sold to Liberty Media

F1-logo-f-880x660FROM FOXBUSINESS.COM

LONDON –  Formula One commercial chief Bernie Ecclestone said Wednesday he is overseeing the sale of the motorsport series to an American media conglomerate.

In an interview with The Associated Press, Ecclestone said he will retain his role as F1 enters a new era under the ownership of cable TV group Liberty Media, which is controlled by 75-year-old tycoon John Malone.

“After two or three years I will maybe take it easy a bit,” Ecclestone said.

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Posted by on September 9, 2016. Filed under Breaking News,Featured,Formula 1. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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