Liberty Media has made a minority equity investment in the Ohio-based Meyer Shank Racing, using the F1 Group. The investment will go towards the growth of Meyer Shank Racing’s motorsports operations, including the recently announced multi-year Acura DPi programme (read Honda) as well as future expansion of the team’s IndyCar programme.
After starting in Formula Atlantics, Meyer Shank Racing moved its focus to sports car competition, building a championship-winning organization that includes a full-time IndyCar programme as well as a highly successful sports car team.
“We have worked to build our IMSA and IndyCar racing programmes step by step and this is another big progression for our organization to have Liberty Media make an equity investment in MSR,” said team co-owner Mike Shank. “Everything that we do is built on the partnerships that we’ve developed, and this program is no different. The investment by Liberty Media will enable us to continue to build and develop our programmes.”
joeblogsf1 
What a joke. Not happy with making F1 simple enough for US teams to compete, the organiser is now investing more US teams to aid them in taking part in F1. This news will show who the independent journalists are.
No it won’t. If they think it’s worth an investment, that’s their choice. If the team comes to F1 it would obviously. be a conflict of interest. I don’t see the US press making a fuss about Penske…
Liberty Media is a major sponsor of the Meyer Shank Indycar team, and has been since inception. SiriusXM satellite radio is a Liberty Media property. Jim Meyer is the CEO of Sirius as well as co owner of the team.
Nothing to see here. They have a proud history of achieving sweet very little.
Who Liberty or Meyer Shank?!
Some quite unnecessary comments so far about this news story!
He has won Daytona overall and GT Daytona, so he’s achieved more than you ever will and now has to go up against the best run team in IMSA in the same car. Achievement is relative.
So this is like Mr Penske being a major sponsor of say, Williams, then sometime later, buying shares in the team?
Mike Shank built all his programs on his own and got investors, sponsors through his efficiency and through his on-track success. He won the 50th Rolex 24 at Daytona (with Justin Wilson, AJ Allmendinger, John Pew and Oswaldo Negri) and earned the IMSA GTD title last year. He’s been working to be full-time in INDYCAR since 2011, when he attempted to form his team. When no engine manufacturer would give him the option of an engine lease, he sold his chassis and waited for the right time and the right people. Smart guy. Doing well at Indy this weekend, too. Let’s all wait and see how this evolves before we start tossing pebbles on the track and hoping for caution…
so Indy Car hybrids are relevant enough for Honda to sign up to new deal and F1’s hybrids are not. Interesting . . .
They are cheap as chips and it’s easier to win…
yes i know, but there seem to be a different(stated) principles for different points . . .(so where their stated co2 free politics stack up there with regards to compare F1 to Indy? or is methanol more green than benzin and bio-fuels?)
Whatever we, as enthusiasts might think, it is the marketing budget that pays for manufacturers’ interest in motor racing. Quite obviously Honda believe that their bang for buck is better served in the USA. No point moralising. Things will change in the years to come especially if there is a more rational and concerned President.
What has the American president got to do with market penetration of car sales, Indycar or indeed their other main racing activity, IMSA? Honda sell more cars in the USA than a comparable market of Europe. Trump, Biden, the next generation of Bush or even Jim Carey will not influence that at all.