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The Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship, and the exercising of the sport's commercial rights.[1]
The Group was previously owned by Delta Topco, a Jersey-based company owned primarily by investment companies CVC Capital Partners, Waddell & Reed, and LBI Group, with the remaining ownership split between Bernie Ecclestone, other investment companies, and company directors. It was bought by Liberty Media in 2017.[2]
Ecclestone, a former Formula One team boss, spent 40 years as chief executive of the company after gaining control of the commercial rights. As of January 2021[update], the group is run by Stefano Domenicali as president and chief executive officer. Chase Carey, who previously ran the group from 2017 to 2020, is non-executive chairman.[3]
^"Merger Procedure Article 6(1)(b) Decision" (PDF). European Commission. 20 March 2006. Retrieved 20 February 2011.
^"Bernie Ecclestone removed as Liberty Media completes $8bn takeover". BBC Sport. 23 January 2017. Retrieved 23 January 2017.
^"Senior Management". corp.formula1.com. January 2021. Retrieved 8 January 2021.
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