Latest Greg Maffei News

Formula 1 expected to expand grid to 11 teams as early as next week for Cadillac to enter in 2026

Nov. 23, 2024 13:30 PM EST

LAS VEGAS (AP) — Formula 1 is expected to approve grid expansion for an 11th team originally started by Michael Andretti as early as next week, The Associated Press has learned. The team will be called Cadillac F1 and powered by Ferrari engines when it enters the sport in 2026....

Drama surrounds final 3 races of F1 season as drivers voice displeasure with recent FIA decisions

Nov. 21, 2024 13:54 PM EST

LAS VEGAS (AP) — There are three races remaining in the Formula 1 season and Max Verstappen of Red Bull is close to a fourth consecutive world championship, which can wrap up Saturday night at the Las Vegas Grand Prix. All is not smooth sailing headed into this final month of...

Greg Maffei steps down as CEO of Liberty Media, the company that owns F1

Nov. 13, 2024 12:42 PM EST

ENGLEWOOD, Colo. (AP) — Greg Maffei is stepping down as president and chief executive of Liberty Media, the company that owns Formula 1. Liberty Media said Wednesday that Maffei would leave his role when his contract expires at the end of the year and become an adviser. The...