According to a report from The Times published on Gpblog, Liberty Media, which owns the commercial rights to Formula 1, is considering a potential sale of the racing series.
The source claims that a sale agreement could be reached as early as next year. Liberty Media's idea to sell is driven by the current surge in Formula 1’s popularity, as the company is concerned about a potential decline in interest for the championship in the future.
Recent reports indicate that Liberty Media's revenues for 2024 reached $3.65 billion, which is a 14% increase compared to the previous year.
