Douglas County-based Liberty Media inks deal to buy Formula One racing league
Media moguls, start your engines! Does your conglomerate have its own racing league? Because John Malone’s now does.
The Denver Business Journal reports that Douglas County-based Liberty Media — a cable television giant that also owns the Atlanta Braves baseball team — struck a deal Wednesday to purchase the Formula One racing league for $4.4 billion.
Media moguls, start your engines! Does your conglomerate have its own racing league? Because John Malone’s now does.
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The Denver Business Journal reports that Douglas County-based Liberty Media — a cable television giant that also owns the Atlanta Braves baseball team — struck a deal Wednesday to purchase the Formula One racing league for $4.4 billion.
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