F1 owner Liberty Media named ‘world’s most valuable sports empire’ at $18.2 billion
Liberty Media - F1's owners - impressive sports portfolio has been valued at an astonishinꦫg $꧃18.2 billion.
The owners of F1 - Liberty Media - have topped magazine’s list of ‘꧒the world’s most valuable sports empires’.
꧑Liberty Media have retained top spot despite a 12 per cent fall in their own sports assets⛎.
The aforementioned figure isn’t thought to be F1-related, rather their baseball subsidi😼ary, MLB team the Atlanta Braves.
Liberty Media took ownership of F1 in 2017, taking over f⭕rom Bernie Ecclestone.
Since then, F1’s has enjoyed remarkable growth in the United States th𝓀rough digital means such as the Netflix series ‘Drive to Survive’.
Unexpectedly, F1 is the biggest asset ♏to Liberty’s sports portfolio,
In 2023, Forbes valued 🐠F1’𓄧s ‘enterprise value’ at an astonishing $17.1 billion.
Libe🌊rty Media topped the 2024 list, beating Kroenke Sports & Enterta🍌inment, which owns Arsenal FC.
Fenway Sports Group complete the top three - a🙈nd they own Liverpool FC.
Forbes’ ‘most valuable sports empires’ in full:
- Liberty Media - $18.2 billion
- Kroenke Sports & Entertainment - $15.59 billion
- Fenway Sports Group - $12.95 billion
- Jerry Jones - $12.8 billion
- Harris Blitzer Sports & Entertainment - $11.86 billion
- Madison Square Garden Sports - $10.25 billion
- The Kraft Group - $9.13 billion
- Yankee Global Enterprises - $9.07 billion
- Paul G.Allen Trust - $9.06 billion
- Mabple Leaf Sports & Entertainment $8.47 billion
With a sharp eye for F1’s controversies and storylines, Connor is the heartbeat෴ of our unbiased reporting.
