Liberty Media not trying to promote F1 – Maffei

In briefLiberty Media not trying to promote F1

Components 1 industrial rights holder Liberty Media is just not trying to promote the collection, its president and CEO Greg Maffei has stated, following hypothesis earlier this 12 months Saudi Arabia’s Public Funding Fund was contemplating shopping for into it.

“Anybody says that our pals the Saudis are going to purchase it subsequent week or one thing like that, if anyone is aware of us, they need to know that’s simply not in our playing cards,” Maffei advised the Moffett Nathanson Media and Communications Summit.

He stated Liberty nonetheless sees alternatives to extend the earnings it makes from the collection. “We’re very enthused about the place Components 1 is now however [also] the place it’s going as nicely. You take a look at the large income streams there, all have good path. In broadcasting we’ve elevated followers and we’ve elevated distributors who need to push the product, together with new digital distributors and the like. We now have promoters who’re our companions.

“The gate was in all probability [25%] up in Miami. That’s not distinctive. They’re promoting out in all places, significantly the high-end experiences, the Paddock Golf equipment, all at higher costs. So we’re in a position to get upticks in what we receives a commission. We now have been ready so as to add just a few races and there’s perhaps a little bit extra room left there. After which sponsorship has grown dramatically. We’ve opened up the variety of world sponsors. I feel we’ve gone from 5 to 12 of our greatest sponsor varieties.

“We’re persevering with to see traction there and I feel we’re nicely arrange. We now have a brand new alternative with what we’re doing in Las Vegas the place we would be the promoter and we’ve a chance to find out about one thing and hopefully set the bar.”

Verstappen headlines Redline simrace

Reigning Components 1 world champion Max Verstappen will headline a particular all-star simracing occasion on Sunday, hosted by his Workforce Redline simracing staff mates.

After this weekend’s Emilia-Romagna Grand Prix was cancelled because of the affect of flooding within the area, the simracing staff will stream a particular ‘Actual Racers By no means Give up’ occasion on-line on Sunday. Verstappen will be part of his Redline staff mates with visitor racers together with Components E champion Antonio Felix da Costa, F2 champion Felipe Drugovich, Australian Supercars racer Shane van Gisbergen, F2 racer Jack Doohan and plenty of Pink Bull junior drivers reminiscent of Jak Crawford, Isack Hadjar and Ayumu Iwasa.

The occasion will start tomorrow at 2:30pm UK time on Workforce Redline’s Twitch channel.

Sato units new Indy benchmark earlier than qualifying

Takuma Sato was the quickest within the ultimate day of apply at Indianapolis forward of right this moment’s first day of qualifying.

The Chip Ganassi driver set a quickest lap pace of 234.753mph – the quickest lap time achieved in apply since Arie Luyendyk in 1996. Marco Andretti was second quickest, with Rinus VeeKay third and final 12 months’s winner Marcus Ericsson fourth.

Qualifying for the Indy 500 begins at 4pm UK time.

F1 to donate €1m to flood aid

Components 1 will make a donation of €1m to the Emilia-Romagna Area’s Company for Territorial Security and Civil Safety to assist folks impacted by the flooding within the area.

The reward matches that pledged by Ferrari yesterday. F1 CEO Stefano Domenicali, who’s from the area, supplied his ideas on behalf of the game to folks affected.

“The scenario going through the communities within the area is horrible, however I do know that the resilience and fervour of the folks within the area, like so many throughout Italy, will prevail by way of this disaster,” Domenicali stated. “We should do all the things we are able to to help them at this tough time and that’s the reason we’re donating to assist help the aid efforts on the bottom.”

Anybody who needs to donate to the fund can accomplish that on-line.

Hyperlinks

Motor racing hyperlinks of curiosity:

Ferrari boss pitted in opposition to his mom in Agnelli inheritance drama (Reuters)

“The case stems from the property of Gianni Agnelli, the celebrated Fiat boss who was a logo of Italy’s post-war financial growth and died 20 years in the past. It pits Agnelli’s daughter Margherita, who inherited 1.2 billion euros ($1.3 billion), in opposition to three of her eight youngsters together with her eldest, John Elkann, the chairman of Ferrari and carmaker Stellantis.”

Nadal’s French Open withdrawal prompts message of hope from F1 star Carlos Sainz (Sportskeeda)

“Thus, when the Spaniard introduced his withdrawal, the 28-year-old posted an image of him in his Instagram story with the caption ”Ánimo LEYENDA! Estamos contigo”. It interprets to: ”Cheer up LEGEND! We’re with you @rafaelnadal!”

Renault Leans Towards Making Alpine On Its Personal, Not With Lotus (Bloomberg)

“Followers of the Alpine Components 1 staff, which over the previous many years clinched quite a few racing titles, together with a 1978 win at Le Mans, can be converging within the model’s hometown of Dieppe, France, this weekend to have fun the victory of its first World Rally Championship 50 years in the past.”

Zane Maloney on the moments that made him (F2)

“The largest second to date was in all probability Jeddah. studying loads. That we are able to, regardless that we had been actually sluggish actually struggling. I in all probability realized essentially the most that weekend simply on how put collectively a lap in Qualifying, learn how to race correctly, learn how to handle these F2 tyres. That was an actual studying weekend – no factors, no prime 15 however I realized loads and it helped me bounce again in Australia.”

Three Engineers Honored with 2023 Louis Schwitzer Award for IndyCar’s Shell 100% Renewable Race Gas (PR Newswire)

“At present on the Indianapolis Motor Speedway (IMS), BorgWarner celebrated three people – Selda Gunsel, Ph.D., Bassem Kheireddin, Ph.D. and Jung Fang, Ph.D. – who had been honored with the 2023 Louis Schwitzer Award for his or her Shell 100% Renewable Race Gas, which has been adopted by the IndyCar Collection.”

How Do F1 Groups Design, Produce and Race an Improve? (Mercedes through YouTube)

Mercedes’ technical staff clarify the method behind designing and manufacturing upgrades for his or her automobiles.

Behind The Scenes, as Max Verstappen prepares to go racing (Max Verstappen through YouTube)

A behind-the-scenes video displaying Verstappen’s pre-race preparation in Baku.

6 Hours of Spa-Francorchamps | The Pink Line (Ferrari through YouTube)

Behind-the-Scenes of Ferrari’s hypercar groups throughout the latest spherical of the World Endurance Championship at Spa-Francorchamps.

We at all times endeavour to credit score unique sources. You probably have a tip for a hyperlink referring to single-seater motorsport to characteristic within the subsequent F1 Triviaround-up please ship it to us through the contact kind.

Social media

Notable posts from Twitter, Instagram and extra:

Tim Cindric simply stated @Team_Penske drivers will draw their very own numbers for qualifying order after he drew a poor quantity for @josefnewgarden final 12 months. “He is making us do it,” JN stated. Countered TC: “You guys VOLUNTEERED for it.” @IndyCar

— Curt Cavin (@curtcavin) Could 19, 2023

SUPER FORMULARd.4 AUTOPOLIS

オートポリス大会に出場を予定しておりました野尻智紀選手ですが、欠場いたしますことお知らせ致します。

詳細は添付をご確認下さい。#TEAMMUGEN #SFormula pic.twitter.com/3Kgeu2iEkT

— 無限MUGEN【公式】 (@mugen1973) Could 19, 2023

Perhaps you did not actually perceive what occurred and what’s taking place in Emilia Romagna. F1 grand prix is ​​a really small factor

— Giuliano Duchessa (@GiulyDuchessa) Could 19, 2023

• Discover extra official F1 accounts to observe within the F1 Twitter Listing

Remark of the day

With the cancellation of Imola which means F1 will now race at 5 consecutive avenue tracks, @illusive desires extra conventional circuits on the calendar…

What’s with F1’s newest obsession with avenue tracks, each new observe they talked about including is a avenue observe. I would like Istanbul Park, Shanghai, Buddh, Sepang and the S korean circuit again on the calendar not one other avenue observe. Illusive