F1 owner Liberty Media CEO Maffei to step down after 20 years Sport Business The chief executive of Formula 1 owner Liberty Media Greg Maffei will leave the firm after 20 years, it was announced on Wednesday. Maffei, 64, will be replaced by chairman John Malone, 83, on an interim basis but Maffei will continue on as a senior advisor until a replacement is found. “I have thoroughly enjoyed [...]
Chocs away: Nestle brand signs record sponsor deal with Formula 1 Sport Business The multi-year agreement will begin in 2025 and see KitKat designated as the official chocolate bar of Formula 1.