Thread: Prospective new teams for the FIA F1 World Championship.
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Old 26 Jan 2023, 10:28 (Ref:4141271)   #143
Mike Harte
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Originally Posted by Teretonga View Post
Liberty is stretching things a little.
They don't own the F1 championship.
Effectively they lease it.
The actual F1 category belongs to the FIA, Liberty leases the commercial rights which were 'leased' at a price for a fixed number of years.
At the end of that period the commercial rights return to the FIA.

If their exercising of the commercial rights in some way causes the meaning and value of the F1 championship to lose its public value and prestige they could be accused of mismanaging/mishandling the championship.

I don't know whether you have read this: https://www.motorsport.com/f1/news/w...ayem/10424345/

Also, mention has been made in the media that several parties have expressed bringing new teams into F1, but MBS seems to be pouring cold water on that version of events. See: https://www.motorsport.com/f1/news/a...grid/10424627/
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