F1: Red Bull hosts big hitters in Miami (2nd Update)

–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.


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.

Bezos on the McLaren pit wall with Zak Brown

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.

Stephen M. Ross, Tom Garfinkel, Red Bull Racing Team Principal Christian Horner, Greg Maffei, CEO of Liberty Media, Elon Musk, Stefano Domenicali, CEO of the Formula One Group, and Oracle’s Larry Ellison pose for a photo in the Red Bull Racing garage during final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in Miami, Florida. (Photo by Mark Thompson/Getty Images) // Getty Images / Red Bull Content Pool
Elon Musk, Stefano Domenicali, CEO of the Formula One Group, and Greg Maffei, CEO of Liberty Media talk in the Red Bull Racing garage during final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in Miami, Florida. (Photo by Mark Thompson/Getty Images) // Getty Images / Red Bull Content Pool

 

 

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