Formula 1 owner Liberty Media has appointed a new president and chief executive officer following Greg Maffei's departure last year. Derek Chang, an executive specialising in media sports and entertainment, will take on the role from 1 February.

Derek Chang, former NBA China executive, will assume the role of Liberty Media CEO in February 2025, succeeding Greg Maffei.

It can also suit the promoters. Zandvoort’s decision to stop hosting F1 after 2026 points to the pressures — and costs — involved in staging a race. Spa looked in serious doubt just a few years ago, and while the interest from the local stakeholders has certainly taken an uplift since then, a couple of off years may actually suit the track.

The historic Belgian Grand Prix held at the renowned Spa-Francorchamps circuit, has secured a significant new contract with Formula 1 and will remain a fixture on the F1 calendar for four out of the six years spanning from 2026 to 2031.

The Belgian Grand Prix at the widely adored Spa-Francorchamps circuit will remain on the F1 calendar for the next six years… except for the 2028 and 2030 seasons, where it, er, won’t. As part of a new deal struck with F1,