F1 Owner's Nearly $2 Billion Rout After Iran Clouds New Season.

The article focuses on the impact of the Middle East conflict on Liberty Media Corp.'s Formula One (F1) business, which has lost $1.9 billion in market value amid concerns over upcoming races in Bahrain and Saudi Arabia. The 2026 F1 season, starting in Melbourne, includes 24 races with four in the Middle East, a region integral to F1's calendar and ownership stakes, such as Saudi Arabia’s Public Investment Fund’s minority share in Aston Martin and Bahrain’s Mumtalakat and Abu Dhabi’s CYVN Holdings controlling McLaren. The conflict has already led to the postponement of the Qatar round in the FIA World Endurance Championship, raising uncertainty about F1 events in the region despite the sport’s growing global popularity, especially in the US. The season also features significant rule changes expected to alter team dynamics, with Mercedes-Benz favored to win the championship and Aston Martin facing technical challenges. [Extracted from the article]