Formula 1’s commercial rights holder Liberty Media has retained the top spot in Forbes’ most valuable sporting empires list for 2024. Liberty Media remain top sporting empireForbes has released a fresh 2024 ranking to determine the most valuable entity on the planet in the sporting world, a status which Liberty Media has successfully retained. Coming in with a staggering overall value of $18.2 billion, Forbes confirmed that Formula 1 is the ‘most valuable sports property’ under the Liberty banner. A record-breaking 24-round season is planned, the campaign set to conclude at Yas Marina Circuit with the Abu Dhabi Grand Prix on December 8. Liberty Media – $18.22 billion value2.

Source: Forbes January 29, 2024 12:43 UTC