The owner of F1 has announced a change in leadership in preparation for 2026.

The owner of F1 has announced a change in leadership in preparation for 2026.

      "It's the right moment to take a step back."

      Liberty Media, the parent company of Formula 1, has announced a significant change in leadership, as long-serving chairman John C. Malone will resign from the board at the end of this year. Malone, the founder of Liberty Media who oversaw the company’s acquisition of Formula 1 in 2017, will take on the role of Chairman Emeritus starting January 1, 2026, as confirmed by the company in a statement. He will be succeeded by Robert R. "Dob" Bennett, the current vice chairman of Liberty and one of its founding members, who has played a crucial role in key strategic decisions for over thirty years.

      "Founding Liberty Media and serving as its Chairman has been one of the most fulfilling experiences of my career," Malone, who is 84, stated. "With our portfolio successfully simplified and our operating businesses in strong positions, I think it’s the right moment to step back."

      Malone continues to be one of Liberty’s largest shareholders, possessing nearly half of the voting power in Formula 1's trading stocks. Bloomberg estimates his personal net worth to be over $10 billion.

The owner of F1 has announced a change in leadership in preparation for 2026.

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"It's the right moment to take a step back." Liberty Media, the parent company of Formula 1, has announced a significant change in leadership, as long-serving chairman John C. Malone will resign from the board at the end of this year. Malone, the founder of Liberty Media who oversaw the company’s acquisition of Formula 1 in 2017, will take on the role of Chairman Emeritus starting January 1, 2026, as confirmed by the company in a statement. He will be succeeded by Robert R. "Dob" Bennett, the current vice chairman of Liberty and one of its founding members, who has played a crucial role in key strategic decisions for over thirty years. "Founding Liberty Media and serving as its Chairman has been one of the most fulfilling experiences of my career," Malone, who is 84, stated. "With our portfolio successfully simplified and our operating businesses in strong positions, I think it’s the right moment to step back." Malone continues to be one of Liberty’s largest shareholders, possessing nearly half of the voting power in Formula 1's trading stocks. Bloomberg estimates his personal net worth to be over $10 billion. "It's the right moment to take a step back." Liberty Media, the parent company of Formula 1, has announced a significant change in leadership, as long-serving chairman John C. Malone will resign from the board at the end of this year. Malone, the founder of Liberty Media who oversaw the company’s acquisition of Formula 1 in 2017, will take on the role of Chairman Emeritus starting January 1, 2026, as confirmed by the company in a statement. He will be succeeded by Robert R. "Dob" Bennett, the current vice chairman of Liberty and one of its founding members, who has played a crucial role in key strategic decisions for over thirty years. "Founding Liberty Media and serving as its Chairman has been one of the most fulfilling experiences of my career," Malone, who is 84, stated. "With our portfolio successfully simplified and our operating businesses in strong positions, I think it’s the right moment to step back." Malone continues to be one of Liberty’s largest shareholders, possessing nearly half of the voting power in Formula 1's trading stocks. Bloomberg estimates his personal net worth to be over $10 billion. Formula 1 | On the occasion of Bernie Ecclestone's 95th birthday, the former head of Formula 1 remarks that at this point in his life, only one person still meets the criteria (...) Lucas di Grassi: Piquet's crash damaged my career Lucas di Grassi: Piquet's crash damaged my career C said that Nelsinho Piquet's deliberate crash in Singapore in 2008 negatively affected his career... Massa's $90 million 'crashgate' lawsuit begins in a London court. Massa's $90 million 'crashgate' lawsuit begins in a London court. Formula 1 | This week marked the official start of Felipe Massa's much-anticipated legal proceedings against Bernie Ecclestone, the FIA, and Formula One Management (FOM) at (…) Marti 'didn't merit' the F1 opportunity with Red Bull. Marti 'didn't merit' the F1 opportunity with Red Bull. Formula 1 | Red Bull has announced that Spanish junior Pepe Marti is leaving, with the 20-year-old now poised to progress in his career within Formula E. Managed by (…) Conspiracy theories regarding Piastri intensify following Mexico. Conspiracy theories regarding Piastri intensify following Mexico. Formula 1 | The online conspiracy theories suggesting that McLaren is favoring Lando Norris over Oscar Piastri are resurfacing, as the two drivers are now separated by (…) Austria invests in its Formula 1 future, while Germany holds on to its history. Austria invests in its Formula 1 future, while Germany holds on to its history. Formula 1 | As Austria continues to make significant investments in the future of Formula 1, its neighboring country Germany is still without a grand prix and shows little indication of hosting one anytime soon.

The owner of F1 has announced a change in leadership in preparation for 2026.

Formula 1 | Liberty Media, the parent company of Formula 1, has revealed a significant leadership shift, as longtime chairman John C. Malone is resigning from the (…)