Liberty Media Restructures Amid Leadership Changes and F1 Speculation
TL;DR Summary
Liberty Media's CEO Greg Maffei is stepping down, potentially improving Andretti's chances of joining Formula 1. Maffei, who allegedly opposed Andretti's entry, will be replaced by interim CEO John Malone. While Maffei's exit may not immediately change the situation, it could lead to a more favorable environment for Andretti-Cadillac's F1 ambitions, especially since the FIA has already approved their entry. The team aims to compete by the 2026 season.
- Andretti F1’s Biggest Opponent Is Now Out of the Picture The Drive
- Liberty Media to spin off assets; CEO Greg Maffei to step down at year-end CNBC
- John Malone Reorders Media Empire as C.E.O. Exits The New York Times
- Liberty braced to deny fresh F1 takeover speculation following Maffei departure Autosport
- John Malone Moves to Simplify Empire With Spinoff of Liberty Live The Wall Street Journal
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