Greg Maffei steps down as CEO of Englewood-based Liberty Media, the company that owns F1

Greg Maffei, president, CEO and director of Liberty Media Corp., arrives at the Sun Valley Inn for the 2011 Allen and Co. Sun Valley Conference in Sun Valley, Idaho on July 6, 2011. Liberty Media said Wednesday that Maffei would leave his role when his contract expires at the end of the year and become an adviser. The company’s 83-year-old chairman, John Malone, will be the interim CEO.

The years since then have seen a boom in interest in F1, in part driven by the success of the Netflix series “Drive To Survive”. That’s particularly true in the United States, which now hosts three races a year. The Las Vegas Grand Prix is next week.that it was under investigation by the U.S. Justice Department over denying Andretti Global’s bid to become F1’s 11th team.

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