FWONA - Formula One likely to pitstop at Amazon for streaming Grand Pix Races

Formula One, owned by Liberty Media Formula One (FWONA),  CEO Chase Carey confirmed to the Financial Times that the company is in active talks with Amazon (AMZN) to stream its Grand Prix races mainly targeting the younger audience who are likely to stream live sport than watch the more traditional methods."They're an incredibly important potential partner and an opportunity for us to expand and grow our business," Chase added.Chase steps down from his position at the end of December; replaced by former Ferrari team boss Stefano Domenicali.Incoming chief is cautious of significant changes as he looks to not detach current fans "“who probably are not quite accustomed to watching their major favourite sporting events on a digital platform”.While Amazon has no comments on the same, this deal would expand its sports coverage arena enabling Prime customers to access the Formula 1 races.Financial Times notes that Amazon and other streaming platforms have been

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Formula One likely to pitstop at Amazon for streaming Grand Pix Races