Formula 1 expands grid to add General Motors' Cadillac brand and new American team for 2026 season [Yahoo! Finance Canada]
Liberty Media Corporation - Series A Liberty Braves (BATRA)
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ir.libertymedia.com/stock-information
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Source: Yahoo! Finance Canada
The approval ends years of wrangling that launched a U.S. Justice Department investigation into why Colorado-based Liberty Media, the commercial rights holder of F1, would not approve the team initially started by Michael Andretti. Andretti in September stepped aside from leading his namesake organization, so the 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. Towriss is the the CEO and president of Group 1001 and entered motorsports via Andretti's IndyCar team when he signed on financial savings platform Gainbridge as a sponsor. Towriss is now a major part of the motorsports scene with ownership stakes in both Spire Motorsports' NASCAR team and Wayne Taylor Racing's sports car team. Walter is the chief executive of financial services firm Guggenheim Partners and the controllin
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BATRA
Earnings
- 11/6/24 - Miss
BATRA
Sec Filings
- 12/19/24 - Form 8-K
- 12/16/24 - Form 144
- 12/9/24 - Form 8-K
- BATRA's page on the SEC website