Carey joins Liberty Media board to strengthen sports investments ...Middle East

Former Formula 1 CEO Chase Carey has been appointed to the board of directors of Liberty Media, the commercial rights holder of Formula 1, as the company positions itself for its next phase of growth in global sports. Carey, who played a pivotal role in Liberty Media’s acquisition of F1 in 2017 and subsequently led the sport’s transformation as its CEO until 2021, returns to Liberty at a crucial juncture. The company is preparing for significant changes, including the departure of its CEO Greg Maffei at the end of the year, the acquisition of MotoGP, and the spin-off of its Liberty Live Group to streamline its focus on high-value sports assets like F1. Liberty Media Chairman John Malone prai

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