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Stock impact report

Alonso Celebrates Surprise Appointment Of Newey As Team Principal [Barron's]

Liberty Media Corporation - Series C Liberty Formula One (FWONK) 
Last liberty media corporation - series c liberty formula one earnings: 2/28 09:43 pm Check Earnings Report
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Company Research Source: Barrons
he was just as surprised as the rest of the Formula One paddock by the announcement. The two-time world champion said he was given no prior notification of the team's decision to make Newey team principal in a reshuffle that will see current boss Andy Cowell become chief strategy officer. Advertisement - Scroll to Continue Newey has designed title-winning racing cars for Williams, McLaren and Red Bull across a career in which he has become widely regarded as the sport's greatest and most innovative designer. Speaking in Qatar ahead of this weekend's Qatar Grand Prix, Alonso described the move as "good news". "It is great for the team to have Adrian, with all his expertise and knowledge about everything that a team should need to compete at the highest level," the Spaniard said. "Andy is taking different responsibilities in the area he knows best so it seems like it's a logical change and I'm happy with that." Advertisement - Scroll to Continue The veteran Alonso warned Show less Read more
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