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 Summary

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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