Liberty Media have retained their title as the most valuable sports empire in the world, despite taking a hit in their dollar valuation.
According to Forbes, the mass media group running Formula 1 are valued at around $18bn, putting them ahead of Kroenke Sports and Fenway Sports Group (owners of the LA Rams and Boston Red Sox respectively.
Despite this, the group have actually seen a $2bn hit in their worth compared to the same list from last year, which also had them top of the pile.
GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.
We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.
With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.