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'Liberty Media can't control F1 and won't sell for a profit'

Liberty Media will struggle to sell F1 for a profit. That is the view of Igor Yermilin, president of Russia's motor racing federation. He was asked by Russia's Sportbox publication about rumours that, beset with growing problems and unrest, the American company might be looking to sell. "The situation is completely expected," Yermilin said. "The current management wanted to start improving Formula 1 but it turned out to be a lot more difficult. "They have neither the experience nor the ability to finely control the process, as Bernie Ecclestone did. And all the uncertainties that arise in such a situation generate the rumours," he said. "All the loud statements...
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7mo ago from GPFans.com 0
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