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Former Liberty Media Boss Predicts F1 Could Go Private in Massive Multibillion Deal

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Ujang Suryana
Ujang Suryana
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Former Liberty Media Boss Predicts F1 Could Go Private in Massive Multibillion Deal
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F1 could be taken private in two years, reckons ex-Liberty boss © XPB Images

The long-term ownership structure of world motorsport's premier series is under the spotlight once again after former Liberty Media executive voiced strong predictions regarding a potential private buyout within the next couple of years. Ever since the American conglomerate completed its acquisition from CVC Capital back in January 2017 for roughly 4.6 billion dollars, the championship has undergone an unprecedented commercial transformation.

This massive growth trajectory has been heavily propelled by mainstream exposure through documentary series as well as successful footprint expansions into lucrative key markets across North America and the Middle East. With share prices skyrocketing by 250 percent over the years, the series' incredible financial upswing has even mirrored the company's subsequent corporate expansion into MotoGP governance following a major buyout.

Speaking at a prominent New York business conference, former CEO Greg Maffei shared his candid perspective when asked about the championship's future on the stock market, stating bluntly that the series could be taken private in a deal valuing the entire operation at nearly 30 billion dollars. Maffei emphasized that the era of effortless financial gains has largely concluded, pointing out that earnings multiples have tripled over the past decade and will likely plateau in the coming years.

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Any transition toward private ownership would naturally require formal regulatory clearance from governing authorities who hold the intellectual property rights to the championship. Meanwhile, despite facing minor revenue fluctuations earlier in the current season due to regional conflicts and event cancellations, financial reports indicate robust fiscal recovery heading into the final stretch of the global racing calendar.

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Paddock area during a Formula 1 race weekend.

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