BUFFETS F1 BONER
On May 26th, Ted Weschler, Buffets prodigy & future CEO of Berkshire Hathaway, led a 15.6% equity purchase of LSXMK and 14.7% of LSXMA (subsidiary's of Liberty Corp). Giving Berkshire Hathaway partial proxy ownership over the Racing Group for a total of 26 BIG ONES. Buffet seems to see the opportunity in Racing returning to regularly scheduled programming as the SILVERSTONE is right around the corner.
This Boy Buffet's got big balls. Clearly he's seen the genius in Chase Carey, sat on his hole during quarantine flipping through Netflix and Danny Ricks late breaking on "Drive to Survive" has caused him to spunk so hard he bought a position. Like we get it Warren. If you wanted to take a spin in one of the cars, you could've just asked. I'm sure Williams would take you as a reserve driver they're that bad. Now you’re out 26 Million and the F1s not even on. DoEsNt TaKe a GeNiUs.
Regardless, F1 needs exposure in the States and with all of Buffets holdings I'm sure Chase and the group are cigar in one hand, Henny in the other. Recession...? LOL WHAT RECESSION?!