Formula 1 tipped to go private by 2029 in deal that could be worth £22bn

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Formula 1 tipped to go private by 2029 in deal that could be worth £22bn

The former boss of Formula 1’s parent company Liberty Media, Greg Maffei, expects it to be taken private within two years in a transaction that could value the business at $30bn (£22bn). Formula 1’s share price has increased by 250 per cent since Liberty Media bought out CVC Capital Partners in 2017, driven by the [...]