F1 at a crossroads? FIA and Liberty Media’s battle for pole position on commercial rights
Liberty Media, the current commercial rights holder of Formula One (F1), and the Fédération Internationale de l'Automobile (FIA), F1's governing body, have recently been engaged in a power struggle for control of the sport. This escalated to a point where Liberty Media reportedly threatened[1] to establish a breakaway championship, while the FIA countered with threats to revoke F1's commercial licence. This article explores the potential commercial implications for F1.
- The chequered past: the EC’s anti-trust investigation and FIA’s grant of the 100-year commercial licence
- The ongoing saga: escalating tensions between Liberty Media and the FIA
- Looking ahead: could the FIA really revoke the 100-year commercial agreement from Liberty Media?
- Broader landscape: the complexity of matters involving ownership and control of major sporting events
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- Tags: Anti-Trust | Commercial | Competition | Dispute Resolution | FIA | Formula 1 | Motorsports
Written by
Ben Jones
Ben is an associate in the Disputes & Investigations team at Taylor Wessing. He advises clients on a broad range of commercial disputes including banking and finance disputes, professional negligence and regulatory investigations and enforcement.
Dr. Richard Miles
Rich is an Associate at Taylor Wessing who advises on a broad range of disputes, including general commercial disputes, life science and technology disputes and civil fraud. Rich has experience advising in international commercial arbitration, investor-state disputes, commercial litigation, ADR and managing cybersecurity and data breaches.
