How Liberty is “playing long game” to help F1 teams make money
On Wednesday F1 announced increased revenue and profits for the 2022 calendar year, as well as a record overall payment of over $1.1 billion split between the 10 teams.
In the early years of Liberty’s ownership several teams were in financial trouble and came close to failing, with Force India and Williams surviving only when they found new owners.
But team values have risen dramatically …Keep reading