Shoot to Kill: Baltimore ranks as most lethal among nation's largest cities

Liberty Global Incorporated

Liberty Media to purchase Formula One for $4.4 billion

Liberty Media to purchase Formula One for $4.4 billion

Formula One is being bought by Liberty Media, a U.S. company that invests in entertainment and sports, for $4.4 billion. 

Liberty Media Corp., which is controlled by 75-year-old tycoon John Malone, has ended years of uncertainty about the ownership of the auto racing series with Wednesday's deal. 

There will be continuity, with long-standing commercial chief Bernie Ecclestone remaining the chief executive officer of F1. But the 85-year-old Ecclestone will have to work under a new chairman: Chase Carey, the executive vice chairman of Rupert Murdoch's entertainment conglomerate 21st Century Fox. 

Formula One has hundreds of millions of fans, and Carey said...

64°