(FILES) This file photo taken on March 30, 2002 shows German Formula One world champion Michael Schumacher (R) powering his Ferrari disputing with the Colombian Juan Pablo Montoya (L) in the first lap of the 2002 Brazilian F-1 GP on the Senna turn followed by German Ralf Schumacher, both on BMW-Williams in Sao Paulo, Brazil. US communications billionaire John Malone's Liberty Media announced Wednesday, September 7, 2016 it had sealed a deal to buy the iconic racing business Formula One for $4.4 billion. Liberty said it would keep Bernie Ecclestone, who has long controlled the racing group, as Formula One chief executive, but also named Chase Carey, the vice chairman of 21st Century Fox, as the company's new chairman. / AFP PHOTO / ANTONIO SCORZAANTONIO SCORZA/AFP/Getty Images