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Business of Speed

The Calculated Dismantling of Racing's Old Guard

F1's Digital Revolution

Vincenzo Landino's avatar
Vincenzo Landino
Oct 30, 2024
∙ Paid

There's an inherent tension when old money tries to reinvent itself. In 2017, when Liberty Media dropped $4.4 billion on Formula 1, they weren't just buying a racing series – they were acquiring a problem.

F1 was the sporting equivalent of an aristocratic family gone broke: all heritage, no future.

TL;DR

Liberty Media transformed F1 from a $4.4B acquisiti…

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