Formula 1 CEO Chase Carey acknowledged the racing circuit’s digital efforts have been less spectacular than the sport’s technologically advanced vehicles. The OTT service rolled out by Liberty Media-controlled F1 has been beset by “more glitches than we hoped for,” Carey conceded during an appearance at Vanity Fair‘s…

Liberty Media, the company controlled by billionaire John Malone whose holdings include the satellite radio company SiriusXM, the Atlanta Braves baseball team and the Formula 1 racing circuit, reported revenue and earnings gains in it first quarter. The company reported earnings of $131 million, compared with a loss…

Gentlemen – and ladies – start your engines. And your Internet. Formula 1 and Netflix have announced a season-long collaboration culminating in an original docu-series of the 2018 FIA Formula One World Championship, to be screened in early 2019. The Netflix original series will attempt to immerse the audience inside…

ESPN and Formula 1 have set a multi-year linear and digital partnership bringing the FIA Formula One World Championship back to its original U.S. TV home starting in March 2018. ESPN and ABC – where Formula 1 first aired in 1962 – will televise all 21 races in the championship. All races will air live in the U.S. on…

Liberty Media is officially in the F1 driver’s seat. The company run by president and CEO Greg Maffei has completed its $4.4B acquisition of the global motorsports business, whose parent company is Delta Topco, and Formula 1 has tapped former Fox exec Chase Carey as its chief executive. He replaces Bernie Ecclestone…