In 1983, Mark Martin was a “broken man” in every sense of the word. “Physically and emotionally both … Economically,” Martin said in a teleconference last week. He was only 24. At the time, the young man from Batesville, Arkansas, had endured three seasons with 51 starts in NASCAR’s Cup Series with five different owners, including Bud Reeder and Jim Stacy. But after five starts in ’83, a $50,000 sponsorship deal Martin had fell through when the company failed to pay. After finishing 33rd at Charlotte Motor Speedway in October, Martin returned to Arkansas. He soon moved to Wisconsin to revive his career in the American Speed Association Series, where he’d won three previous championships. With
Liberty Media has announced that $400 million worth of shares in Formula 1 will be set aside for teams to purchase following its acquisition of the sport. Liberty announced in September that it had agreed to purchase F1 in an $8 billion deal, with final approval being given by the series’ governing body, the FIA, earlier this week. Liberty issued a statement on Thursday confirming that it has allocated $400 million worth of shares to be bought by the teams racing in F1, with the idea being part of its mission statement after its initial offer was accepted. “Liberty Media Corporation announced today that it intends to issue cash convertible senior notes in a private offering,” the statement reads.
Interviewed at the World Economic Forum in Davos, Switzerland, the former Mercedes grand prix driver told his audience that "life has more to offer than driving around in circles. "Renewable energy is something that could be quite interesting. There's so many possibilities, electrical cars as well." Rosberg, who has a one-year-old daughter, hoped also to use his fame to give something back.