Formula 1 commercial rights holder Liberty Media has announced that its president and CEO, Greg Maffei, will be stepping down from his executive role by the end of 2024. Maffei’s departure marks the end of an era at the American media and entertainment giant, where he has served since 2005 and transformed Liberty Media’s portfolio with major acquisitions and corporate restructuring, including Liberty's headline purchase of Formula 1 in 2017. Maffei’s role as CEO will be temporarily filled by Liberty Chairman John Malone, while Maffei will stay on as a senior advisor to help ensure a seamless leadership transition. Reflecting on nearly two decades with the company, Maffei spoke of his satisfa
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