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Liberty Media acquire bigger offices for F1 in London
Liberty Media will move the headquarters of its Formula 1 racing series to the St James’s district in London, another break with the reign of the motorsport’s former chief Bernie Ecclestone and a reflection of its growth ambitions. Long-based in offices beneath former overlord Ecclestone’s penthouse flat in the U.K. capital’s exclusive Knightsbridge neighborhood, F1 is now moving the operation to larger facilities close to London’s iconic Piccadilly Circus. The move comes after the completion of a $4.4 billion takeover by Liberty Media Corp. in January. The new 1,950 square-meter (21,000 sq. feet) offices in the 400 million pound St James’s Market development close to several...
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