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Liberty chief Malone open to F1 sale at right price
Sep.5 Liberty Media chairman John Malone admits he would be willing to sell Formula 1 – but only if the offer outweighed the sport's surging value. Speaking to Yahoo Finance executive editor Brian Sozzi on the Opening Bid Unfiltered podcast, the 84-year-old billionaire said F1 remains one of Liberty's standout assets. 'I think the shareholders seem to love it right at the moment,' Malone said. 'It's really performing well.' Liberty, which also acquired MotoGP earlier this year in a $4.2 billion deal, bought control of Formula One Group in late 2016 for $4.4bn. Today, the company's share price values F1 at close to $100bn. 'It has an exceptionally good economic structure,' Malone...
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