Maffei says F1 could be taken off stock market

Former Liberty Media chief executive Greg Maffei has predicted that Formula 1 could disappear from the stock market within two years. He pointed to the sport's rapid commercial growth since Liberty Media bought it in 2017 for around $8 billion, with the Formula One Group now valued at close to $28 billion.

Maffei said he does not expect that rate of growth to continue. Asked whether F1 would still be listed in two years, he replied: "I'll say F1 is gone." He added that the easy gains had been made, noting that EBITDA had risen threefold in eight or nine years and was unlikely to do so again in the same period.

He also said Liberty chairman emeritus John Malone's voting power had fallen from 48 per cent to three per cent, and that any offer for Liberty Media would be a matter for its board, which would have a fiduciary duty to shareholders.