7 Dec 2023, 20:13 (Ref:4188593)
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#375
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Race Official
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Join Date: Jul 2008
Posts: 23,358
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Quote:
Originally Posted by Richard C
I was digging around to understand the topic of "Formula 1" ownership. And given that FOM/Liberty is aways said to own the "commercial rights". So that means they own less than ALL of "Formula 1". So the question is.. if you draw a circle around what is considered to be ALL of "Formula 1", what exists within that circle and who owns what?
I found this article which makes sense to me...
https://www.planetf1.com/news/who-owns-f1-liberty-media
Key quotes from that article. Making some text bold is me, not the article so as to highlight key points...
My take on this is that... FIA owns the series. The commercialization of the name is probably licensed to FOM/Liberty. But FOM/Liberty probably can't just yank the governance away from FIA and still call it all "Formula 1". FIA and FOM are in bed with each other when it comes to F1.
Richard
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They've been in bed together, ever since Max Mosely and Bernie ran the show.
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