Malone sells high-vote stock in F1's parent Liberty Media

Liberty Media founder and former chairman John Malone has sold his high-vote stock in Formula 1's parent company. Liberty Media bought the shares after Malone received unsolicited offers from third parties, exchanging them for low-vote stock. That cut his voting power from around 48% to 3%.

Liberty Media acquired F1 in 2016 for $4.6bn. In 2025, Malone said the company would be open to a sale of F1 if a buyer offered more than the board believed it could deliver to shareholders. President and CEO Derek Chang said the purchase helps the company control its own future, but there is no indication a sale of F1 is being considered in 2026.