Liberty: We had to boost team values for F1 “ecosystem”

At the recent US GP, team bosses noted that their organisations are set to become more profitable, thanks in large part to the introduction of the budget cap in 2021, which has reined in the spending of the big players. 
Teams have also benefited from a more favourable Concorde Agreement, which was negotiated by former F1 boss Chase Carey last year.
Maffei says that helping the teams ...Keep reading