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Malone Says Liberty Would Weigh a Sale of Formula 1 on a Superior Offer

He framed the threshold as a shareholder‑value test, citing robust results plus looming U.S. media rights talks.

Overview

  • Liberty Media chairman John Malone said he would not rule out selling the series if a buyer pays more than the board believes it can deliver to shareholders.
  • U.S. broadcast rights expire at the end of 2025, and media reports have Apple exploring an entry into Formula 1 coverage, which has not been confirmed.
  • The Formula 1 group reported about $1.6 billion in revenue in the first half of 2025 with $442 million in EBITDA, up from $367 million a year earlier.
  • Liberty recently closed the acquisition of MotoGP, expanding its motorsport portfolio alongside its stewardship of the top open‑wheel category.
  • Reports in 2023 suggested Saudi Arabia’s Public Investment Fund weighed a roughly $20 billion offer for the property, though no proposal was confirmed.