Jan.30 - The company that controls Formula 1's commercial rights is the most valuable sports empire on earth.

That is the finding of the renowned business magazine Forbes, who despite a year-on-year value drop of 12 percent for Liberty Media nonetheless list F1's American owners at being worth a staggering $18 billion.

Alongside many other media and entertainment assets, Liberty also controls SiriusXM, Live Nation, and the major league baseball team Atlanta Braves.

It all makes Liberty Media worth $3 billion more than Kroenke Sports' array of sports teams, including Arsenal FC, and $5bn more than Fenway Sports Group - similar to Kroenke with assets including Liverpool FC.


✅ Check out more posts with related topics:

One F1 fan comment on “Forbes Says F1 Owner is the World's Richest Sports Empire

  1. shroppyfly

    At £100 for a T-shirt at Silverstone and £55 for a cap its understandable, personally i prefer a £3 plain white T-shirt and a marker pen, that says Im not a fool paying those prices
    Thank you

    Reply

  2. ✅ Checkout the latest 50 F1 Fans comments.

What's your F1 fan opinion?

Your email address will not be published. Required fields are marked *

Please follow our commenting guidelines.