OCTOBER 29, 2002

Formula 1 Magazine to be revamped

Formula One Management has announced that it has acquired Formula 1 Magazine. The magazine was previously owned by a Bernie Ecclestone-controlled publishing company, which launched the title early in 2001. The original editor will now be replaced and the magazine (a monthly) will be relaunched in an attempt to build up more sales around the world.

The new Formula One Publications operation - set up to handle the magazine - will also publish a Formula 1 Annual and will be responsible for the redevelopment of Formula1.com.