Formula One Is Bought But Bernie Stays For Same Old, Same Old
The good news? Formula One has new owners. The bad news? Bernie Ecclestone appears to be staying. Formula One was officially purchased by Liberty Media [and, essentially, its owner, John Malone]. Liberty [which also owns Major League Baseball team, Atlanta raves] will be purchasing 18.7% initially [for 4.4 billion American dollars] in what will eventually […]