Mergers and Acquisitions

Markets

F1 teams say new owners need time to develop strategy

Formula One teams have welcomed the commercial takeover of the sport by American company Liberty Media and the prospects of improving the product on and off the track, while cautioning that such changes won't come any time soon.

Markets

F1 teams say new owners need time to develop strategy

Formula One teams have welcomed the commercial takeover of the sport by American company Liberty Media and the prospects of improving the product on and off the track, while cautioning that such changes won't come any time soon.