Liberty Media Push For More Teams, Markel Buys Certa, Etc. (Issue #81)
pillarsandprofits.substack.com
Andretti-Cadillac Work Their Way To Formula One Since the buyout by Liberty Media in 2016, Formula One has seen some massive changes. These changes include new race weekend structures (Sprint Races), additional grand prix, completely new rules, and more. The business has seen record-high attendance at races and through streaming & broadcasting. Now more teams are trying to get in on the action with Audi set to enter the sport in 2026 and Andretti-Cadilac to enter in 2025. The team run by Indycar legend Michael Andretti has received significant pushback from the potential rival teams. Most of the resistance is related to competition for sponsors and shrinking their slice of the prize pie.
Liberty Media Push For More Teams, Markel Buys Certa, Etc. (Issue #81)
Liberty Media Push For More Teams, Markel…
Liberty Media Push For More Teams, Markel Buys Certa, Etc. (Issue #81)
Andretti-Cadillac Work Their Way To Formula One Since the buyout by Liberty Media in 2016, Formula One has seen some massive changes. These changes include new race weekend structures (Sprint Races), additional grand prix, completely new rules, and more. The business has seen record-high attendance at races and through streaming & broadcasting. Now more teams are trying to get in on the action with Audi set to enter the sport in 2026 and Andretti-Cadilac to enter in 2025. The team run by Indycar legend Michael Andretti has received significant pushback from the potential rival teams. Most of the resistance is related to competition for sponsors and shrinking their slice of the prize pie.