Former Liberty Media boss predicts F1 sale within years

Greg Maffei, former boss of Liberty Media, has predicted that F1 could return to private ownership within the next few years. He said the "easy money" from the stock market has already been made, noting that EBITDA has tripled over eight or nine years and is unlikely to do so again in a similar period.

Liberty Media completed its acquisition of F1's commercial rights in 2017, paying around $4.6 billion to CVC Capital. Since then, revenue has reached record levels, with the championship expanding to destinations including Las Vegas, Madrid, Qatar and Saudi Arabia. A race in Rwanda is also planned for the early 2030s.

Maffei's comments came shortly after Liberty Media founder John Malone gave up most of his voting power in the company following his resignation as chairman earlier this year. F1's current value is estimated at around $30 billion.