Carey’s salary based on F1’s financial results, says Liberty

The news comes as Liberty’s overall results showed that in April to June F1 earned revenues of $616m, up 3 percent on the equivalent period last year, when Bernie Ecclestone was still in charge.However, operating income fell from $90m to $45m, a drop of 50 percent, as operating expenses and others costs rose.Expanding on Carey’s arrangements Liberty boss Greg Maffei noted: “We don’t … Keep reading

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