Diabytes
Liberty Media News
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The most recent all-new entrants are U.S.-owned Haas, who made their debut in 2016 and have a close technical partnership with Ferrari.
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Formula One's commercial agreement with teams expires at the end of 2020 with talks underway for a potential transformation of the sport, with plans for budget caps and more equal distribution of the revenues.
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A Formula One race in Vietnam could be on the calendar by 2020, according to the sport`s former commercial supremo Bernie Ecclestone.
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Formula One has ended the practice of using scantily clad "grid girls" before races, the sport`s organisers Liberty Media said on Wednesday.
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The current logo was introduced in 1987 when former commercial supremo Bernie Ecclestone, now 87, was in charge.
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Formula One changed owners in January when U.S.-based Liberty Media took over and ousted former commercial supremo Bernie Ecclestone.
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Formula One has not had three races on successive weekends before, due to logistical reasons, although it has been mooted.
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Carey succeeded Ecclestone in January after Liberty Media's $8.3 billion takeover of F1.
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Liberty Media president and CEO Greg Maffei said Carey, 62, would lead the business from now on and thanked Ecclestone for his "tremendous success" in transforming Formula One into a $1 billion business.
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Liberty Media, controlled by U.S. cable mogul John Malone, took control of the sport in September in a deal valued at $8 billion.
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Ecclestone was equivocal when asked whether he had been engaged for another years, answering: "Let`s see, let`s see..
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The primary concern, however, was building long-term value and investing in the future.
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Rosberg also believes the new owners are well positioned to exploit fresh markets for Formula One, away from its traditional fan bases.
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New Formula One chairman Chase Carey said some had already expressed an interest in investing.
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Formula One has hundreds of millions of fans, and Carey said in a statement that he sees opportunity to develop it.
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Media reports have suggested the first part of a broader deal between outgoing rights holders CVC and Liberty Media could be announced on Wednesday.
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Liberty Media will reportedly transfer the first of two tranches of payment in the $8.5 billion deal on Tuesday.
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