Liberty Media Restructures Amid Leadership Shakeup and Spinoffs

1 min read
Source: Planet F1
Liberty Media Restructures Amid Leadership Shakeup and Spinoffs
Photo: Planet F1
TL;DR

Greg Maffei, CEO of Liberty Media, which owns Formula 1, will step down at the end of 2024, with Chairman John Malone taking over as interim CEO. Maffei, who played a crucial role in Liberty's acquisition of F1 and its subsequent growth, will remain as a senior advisor to aid the transition. Liberty Media has also recently acquired MotoGP, expanding its influence in motorsport.

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