FIA worried about $20bn F1 buyout bid

Jan.24 (GMM) The president of F1’s governing body is concerned that the financial value of the sport is being dangerously inflated. Earlier, Bloomberg reported that

Two carmakers poised to enter F1

Jan.24 (GMM) Two car manufacturers are poised to enter Formula 1. It appears that one of them is in fact not Porsche, after fellow Volkswagen-owned

F1 owner turned down $20bn buyout bid

Jan.23 (GMM) Liberty Media, Formula 1’s current commercial rights holder, turned down an offer to sell the sport for an impressive profit. Citing sources, Bloomberg