News Details

Liberty taking cautious approach to future of live events

F1's commercial rights holder Liberty Media is taking a "step-by-step cautious" approach to the future of live events such as F1 but believes its businesses can remain profitable in a post-Covid world. Liberty's core holdings - Formula 1 and concert oraniser Live Nation - have been severely hit by the coronavirus pandemic, with both businesses grinding to an indefinite halt. Formula 1 is set to resume, if conditions permit, in early July in Austria but questions remain about the future of live events in a post-pandemic world. "That’s the great unknown," said Liberty CEO Greg Maffei in an online shareholder meeting conducted last week. "I think we’re taking a...
Full Story »
5y ago from F1i.com 0
Share

You May Also Be Interested In...

Liberty Media boss sure live events will bounce back

Liberty Media’s Chairman has expressed optimism that live spectator...
5y ago from MotorsportWeek.com

Hockenheim able to step in if British Grand Prix is...

Hockenheim is ready to step in if British quarantine restrictions prevent...
5y ago from GrandPrix247.com

Sainz deal sparks battle for Spanish TV rights

May 19 Spanish broadcasters are shaping up to fight over the Formula 1...
5y ago from OneStopStrategy.com

Live events are the ‘great unknown' says Liberty

As some countries begin to open e-commerce, the general consensus is that...
5y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500

Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...

RLL locks in Louis Foster with extended IndyCar...

Rahal Letterman Lanigan Racing has announced an extension to its contract...

AJ Foyt Racing expands veteran support program to full...

AJ Foyt Racing has announced that its successful Homes For Our Troops...

Popular On TotalWRC.com

Oliver Solberg lands factory Toyota Rally1 drive

We called it after Oliver Solberg clinched his WRC2 title in Chile....

Popular On GunnersToday.com

Fabrizio Romano reveals Arsenal staff have received...

Arsenal staff are reportedly not overly concerned after being informed of...
15h ago from CaughtOffside.com

Sources: Arsenal 'monitoring' underrated talent who's...

Arsenal are understood to be among the clubs keeping an eye on Jurrien...
20h ago from CaughtOffside.com

Sources: Chelsea increasingly keen on ambitious move...

Chelsea are reportedly increasingly keen on Nottingham Forest central...
15h ago from CaughtOffside.com

Manchester United star Matheus Cunha responds to fan...

Manchester United star Matheus Cunha has laughed off a request from an...
19h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.