Originally Posted by FOM Fan:
“Given Chase Carey's multiple relationships with Murdoch's companies (I think he's still a director at Sky, i'm not sure though), i'd be surprised if FTA coverage is improved... You never know though.”
I don't imagine that FTA coverage will be improved. It just means that actual fans will be recycled as those who turn off/drift away due to lack of proper FTA coverage will be expected to be replaced by new fans in areas where there are new races, which basically means a big push to build up F1 in the US where Liberty is based. It's a huge potential market but previous attempts at pushing F1 in the US have been poor and unresponsive at best and farcical at worst. They're clearly going to try, though.
Originally Posted by FOM Fan:
“What confuses me about this, is that isn't there already a "Formula One Group" (Which includes FOM, F1 Licencing etc. etc.). So how does this new one affect the existing one?”
Companies can be renamed easily enough but it probably doesn't matter as Liberty Media is a US company and the renamed company will be quoted on the NY(?) stock exchange over there as it is currently. Any existing company of the same (or similar) name will probably be registered in France, the UK or elsewhere in Europe, so it's not really going to matter but as I say, it could be renamed easily if there's thought likely to be any confusion.
I don't know the current structure but from reading the presentation, is the existing "Formula One Group" actually a company of that name or just a trading name of Delta Topco?