"We are excited to become part of Formula One," Liberty Media president and chief executive Greg Maffei said. "We think our long-term perspective and expertise with media and sports assets will allow us to be good stewards of Formula One and benefit fans, teams and our shareholders. "Bernie has been a wonderful CEO for us over the last 10 years," he said in a statement. "There have been many successes and the occasional challenge but there has never been a dull moment and we have had a lot of fun. The combined skills of Chase and Bernie mean that the successes should continue and we wish them well.

Source: The Nation Bangkok September 08, 2016 00:22 UTC