Joe Pompliano put out these series of tweets that summarizes perfectly F1’s phenomenal growth under Liberty media.
They are eating stodgy old IndyCar’s lunch.
Formula 1 was acquired by Liberty Media for $4.4 billion in 2016, and it’s now one of the fastest-growing sports globally.
They are up billions of dollars on the investment already, and it’s one of the best case studies in business.
Here’s the story 👇 pic.twitter.com/hwZTOm48tX
— Joe Pompliano (@JoePompliano) May 8, 2022