FORMULA 1

Formula 1 owner Liberty Media has announced its president and CEO Greg Maffei will leave his role by the end of 2024.Maffei, who joined the American investment firm in 2005 and became its CEO in February 2006, will depart from Liberty Media after opting not to renew his expiring contract.HeContinue Reading

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BMW may slash its motorsport budget in 2025, with paddock sources suggesting that it could reduce factory support from three cars to just two in the DTM.These rumours follow BMW announcing a 84% drop in profit in the third quarter of 2024, driven primarily by a decline in sales inContinue Reading