–by Mark Cipolloni–
As I wrote in the first version of this article, Greg Maffei of Liberty Media is always 5 steps ahead of everyone else and with rumors (that were denied) that Liberty Media was looking to acquire IndyCar as well as some key F1 circuits, one has to wonder whether they are looking to take on some additional investors to help grow their global domination.
Well, it seems they might be.
Elon Musk and Jeff Bezos’ appearance at the F1 Miami Grand Prix was to get involved in F1 in some capacity, The Sun reports.
While F1 insiders have told The U.S. Sun that a move to buy out Liberty Media, is unlikely, there is a strong possibility both are keen to become involved in the biggest form of motorsports.
Its popularity is soaring, thanks in part to Netflix’s Drive to Survive series and with Apple CEO Tim Cook taking in last season’s race in Austin, some big financial players are weighing up potential moves.
Apple’s interest will only grow as they help develop and produce a forthcoming F1 film starring Brad Pitt.
- Buy teams – make an offer they cannot refuse
- Buy or build racetracks
- Sponsor the series or sponsor teams
- Get involved in the technology side of F1
- The possibilities are endless.
May 7, 2023
Amazon founder Jeff Bezos was pictured chatting with F1 CEO Stefano Domenicali and McLaren chief Zak Brown.
And he even got a chance to sit on the pit wall with a headset to listen in to the team communications with drivers Lando Norris and Oscar Piastri.
Meanwhile, Christian Horner revealed that Elon Musk was there at the invite of Larry Ellison, executive chairman of the team’s title sponsor Oracle.
‘We were talking about batteries, regeneration and so on. Great to have them here this weekend,’ he told Sky Sports.
The F1 batteries are not your normal Lithium-ion battery found in your EV. The F1 so-called ‘energy store device’ charge and discharge very quickly and are closely guarded team secrets. They are said to be really Super Capacitors. They exhibit much different storage and discharge characteristics than Lithium-ion batteries.
May 6, 2023
–by Mark Cipolloni–
Red Bull played host to arguably the biggest players in the Tech industry Saturday at the Miami GP.
The question on everyone’s mind is whether they were strictly there as ‘fans’ or are they negotiating some sort of deal that will elevate F1 to an even higher level.
Greg Maffei of Liberty Media is always 5 steps ahead of everyone else and with rumors (that were denied) that Liberty Media was looking to acquire IndyCar as well as some key F1 circuits, one has to wonder whether they are looking to take on some additional investors to help grow their global domination.