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Mercedes AMG Petronas Motorsport driver Lewis Hamilton (44) of Great Britain celebrates clinching the 2019 FIA Formula 1 World Championship following the F1 – U.S. Grand Prix race at Circuit of The Americas on November 3, 2019 in Austin, Texas.
Ken Murray | Icon Sportswire | Getty Images
Formula One has the fan base, its revenue has recovered following losses, and it has a racing star in Lewis Hamilton that can grow its minority consumers.
The mission now is to further expand in the U.S., and the Liberty Media-owned property will have a new voice to help it achieve this mission.
On Friday, F1 announced it will move CEO Chase Carey “to the role of non-executive Chairman,” replacing him with…
Source cnbc.com
