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Replacing Maffei ‘won’t be easy’

November 15, 2024
in Racing
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Within the round-up: Liberty Media chairman John Malone says it is going to onerous to discover a substitute for outgoing CEO Greg Maffei (pictured).

In short

Changing Maffei ‘received’t be straightforward’

Liberty Media chairman, John Malone, says the group won’t simply discover a substitute for outgoing CEO Greg Maffei, who introduced he will likely 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 assist Stefano [Domenicali] and the administration staff,” Malone advised CNBC.

“Greg has assembled an important group of individuals at headquarters who will do the burden. At 83 years outdated, I’m unlikely to be a extremely lively CEO. My function is fully transitional to assist the staff, search to vary the board of administrators of Liberty Media with the intention to higher concentrate on 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 automotive.

The staff will run two automobiles, the quantity 12 and the quantity 38, within the sequence. Jenson Button, Sebastien Bourdais and Will Stevens will likely be joined by Earl Bamber, Alex Lynn and Norman Nato.

The driving force mixtures will likely be confirmed at a later date.

Penske acquires Lengthy Seashore 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 Seashore, one of many longest working 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 yr.

“This can be a main race weekend, not simply on our calendar however throughout the motorsport panorama,” mentioned Penske Leisure CEO Mark Miles. “We’re dedicated to preserving the core attributes that make it finest at school whereas additionally engaged on some thrilling and daring initiatives to make its future even greater and brighter.”

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