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P1racenews AI automatic summary:
Key F1 chief RESIGNS in shock exit
Greg Maffei, the CEO of Formula 1 rights holder Liberty Media, has announced his resignation from his position. Maffei is expected to step down at the end of 2024. His departure will mark the end of an era in the company’s leadership. Maffei’s decision to resign comes after a successful tenure at the helm of Liberty Media. The search for a new CEO to replace Maffei will likely begin soon. Formula 1 fans and stakeholders will be keen to see who will take on the role after Maffei’s departure.