Liberty Media, which owns the commercial rights to Formula 1, topped the Forbes ranking of the richest sports empires for 2023.


The value of Liberty Media`s assets is estimated at $20. 8 billion. The value of Formula 1 separately is $17. 1 billion.


The total value of companies and funds included in the Forbes top 25 list was $173 billion, up 23 percent from a year ago.


It is also noted that over the past year, the value of F1 shares has increased by about 5 percent.


Recently, information appeared in the press that last year the state fund of Saudi Arabia made attempts to acquire Formula 1, valuing the series at $20 billion. However, Liberty refused to conduct any negotiations.



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