FIA welcomes F1 purchase but is keen to learn more

The FIA has said that they welcome Formula One's sale to Liberty Media Group.

The American conglomerate purchased the sport from CVC earlier this week, adding it to a portfolio that includes the Atlanta Braves baseball team.

Motorsport's governing body has been positive of the 48 billion deal, but is also keen to learn more about the sale.

"The FIA was obviously not party to the negotiations surrounding the intended sale. As such, the Federation awaits further information regarding the proposed terms of the transaction and welcomes the opportunity to discuss with all parties the possible consequences of this agreement on the promotion of the FIA's flagship championship."

FIA President Jean Todt has acknowledged the positive impact Liberty Media could have on F1 and has said he is looking forward to working with the company in the future.

"While it remains to be seen how this acquisition will influence the promotion of the FIA Formula One championship, we welcome this long-term investment in Formula One by a company that has such a broad portfolio of sports, media and entertainment businesses," he is quoted by Autosport. "As motorsport's governing body and regulator, we acknowledge Liberty Media's wide expertise in these fields.

"We look forward to working in close partnership with them in the future in order to further develop Formula 1 and bring it to new generations of motorsport enthusiasts around the world."

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Brazil
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Qatar
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United Arab Emirates
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Formula 1 Calendar - 2025

Date
Grand Prix & Circuit
14 - Mar 16 2025
Australia Albert Park
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4 - Apr 6 2025
11 - Apr 13 2025
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Monaco Monte Carlo
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1 - Aug 3 2025
Hungary Hungaroring
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Netherlands Circuit Zandvoort
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Italy Monza
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Azerbaijan Baku City Circuit
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Brazil Interlagos
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