Liberty Media not trying to promote F1 – Maffei


Within the round-up: Liberty Media’s president has assured F1’s house owners aren’t trying to promote the game

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.

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

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