Within the round-up: Liberty Media chairman John Malone says it should arduous to discover a alternative for outgoing CEO Greg Maffei (pictured).
Briefly
Changing Maffei ‘gained’t be straightforward’
Liberty Media chairman, John Malone, says the group is not going to simply discover a alternative for outgoing CEO Greg Maffei, who introduced he can be stepping down final week.
“It ain’t gonna be straightforward, however we’ll discover a CEO for the holding firm who will proceed to help Stefano [Domenicali] and the administration workforce,” Malone informed CNBC.
“Greg has assembled an ideal group of individuals at headquarters who will do the burden. At 83 years outdated, I’m unlikely to be a extremely lively CEO. My position is fully transitional to help the workforce, search to alter the board of administrators of Liberty Media so as to higher deal with the racing companies.”
JOTA confirms 2025 WEC line-up
Jota has introduced its drivers for the 2025 World Endurance Championship as its switches from Porsche to Cadillac and provides an additional automobile.
The workforce will run two vehicles, the quantity 12 and the quantity 38, within the sequence. Jenson Button, Sebastien Bourdais and Will Stevens can be joined by Earl Bamber, Alex Lynn and Norman Nato.
The driving force combos can be confirmed at a later date.
Penske acquires Lengthy Seaside GP
Penske Leisure, the proprietor firm of IndyCar and the Indianapolis Motor Speedway, has introduced it has bought the promoters of the Grand Prix of Lengthy Seaside, one of many longest operating and famend occasions on the IndyCar calendar.
The race, which can maintain its fiftieth anniversary occasion in 2025, had its largest post-merger race attendance final 12 months.
“It is a main race weekend, not simply on our calendar however throughout the motorsport panorama,” stated Penske Leisure CEO Mark Miles. “We’re dedicated to preserving the core attributes that make it greatest in school whereas additionally engaged on some thrilling and daring initiatives to make its future even larger and brighter.”
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