The outgoing CEO of Formula One’s owner, Liberty Media, does not think there is “any plan to sell” the racing series, saying it has a “great future.” Liberty announced on Wednesday that Greg Maffei, who has served as its CEO for 19 years, will step down from his role at the end of the year upon the expiration of his contract.

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.

Key Takeaways Liberty Media is spinning off most of its entertainment assets besides Formula One into a separate, publicly traded entity, Liberty Live.CEO Greg Maffei will step down at the end of the year,

Formula One's iconic Monaco Grand Prix will remain on the calendar until at least 2031 after a six-year extension was announced on Thursday with a date change to June that also avoids future clashes with the Indianapolis 500.

A new long-term hosting rights extension has been unveiled today between F1 and the Automobile Club of Monaco (ACM), coming on top of the current deal between the two parties that was set to expire following the 2025 season.

Formula 1 has extended its partnership with Monaco’s iconic street circuit on the F1 calendar until 2031, thanks to a new six-year extension of its agreement wi

Caesars Palace : It is one of the official partners and offers ticket and room packages. Rooms for the F1 Grand Prix start at $ 1,144, with the most expensive suite going for $22,310 a night. The Las Vegas Grand Prix starts at 1 a.m. ET on Sunday, Nov. 24. For those on local time in Vegas, the race starts 10 p.m. PT on Saturday, Nov. 23.

The traditional and glamorous Monaco Grand Prix will remain on the Formula One calendar until 2031 after a six-year extension from 2025 was agreed with the Automobile Club de Monaco (ACM),