The Liberty Media takeover of Formula One was always going to be a slow process. With figures in the billions, it is always wise to proceed with caution. But with last weeks news that Liberty had agreed a $1.55 billion third-party investment deal, the financial arrangements are firming up and Chase Carey called the news a significant step.Taking a look at some of Libertys other business interests, there is real potential to use existing properties to cross-pollinate (so to speak) with Formula One and create healthier profits for both the sport itself and also for the other Liberty businesses involved.The Liberty Media Corporation has three arms: the Liberty Braves Group, the Liberty Media Group and the Liberty SiriusXM Group. The three tracking stock groups are split across the fields of media, communications, and entertainment, and include several business that -- in one way or another -- tie into F1, either directly or through the lifestyle elements surrounding F1 and which help keep the high-end ticket sales coming in.The F1 stake is held by the Liberty Media Group, which also happens to hold stakes of less than one percent each of Viacom, Time Inc., and TimeWarner. While those stakes are small, the potential for symbiotic relationships with F1 can be found in each brand. Time Inc.s many properties include Sports Illustrated, for example, and F1 coverage in the popular magazine could help boost interest in the sport in the United States.Time Warner offers opportunities to promote F1 to existing subscribers, hopefully arousing a wider curiosity in the sport among users of their cable networks, while the company could get a reciprocal boost from F1 fans if, in time, their link to the sports owners allows them preferential access to content and promotional materials. Promotional materials that could easily be produced by Viacom, a cross-platform content creator with a global reputation.Whereas CVCs list of other interests involved Samsonite suitcases, the sports incoming owners have at least grouped their F1 interest with related businesses, many of which can be cross-fertilised to improve the growth prospects of all.It is with the LMGs 34 percent stake in Live Nation that things have the potential to get seriously interesting. Whether or not youve heard of Live Nation, odds are that you have used their services in one way or another -- as the worlds largest live entertainment company, Live Nation will have promoted the concerts youve attended, managed the artists youve gone to see, and (through their Ticketmaster division, or one of their secondary ticketing arms) sold you the tickets you bought to get in.As a company, Live Nation have been able to strengthen their offering and improve their profits by controlling as many aspects of the entertainment business as possible, making money from performer, consumer, and venue alike. They have also been discussed -- in hushed whispers -- as the future official entertainment partner of Formula One, selling tickets and working with teams and sponsors alike to put together the razzle-dazzle year-round global promotion of the sport we have all been crying out for.In 2015, Live Nation reported $7.2 billion in revenues. It was their fifth successive year of record-breaking growth and revenues, Billboard reported, and represented record 12 percent growth in global gross transaction value [GVT] for a total GVT of $25 billion.If Live Nation does take over the ticket sales and promotion for grands prix around the world, it mean a significant change to the way F1 works.Under the current system, circuits are essentially responsible for promoting their events, and for trying to get as many people through the door -- for as high a price as can be reasonably charged -- in order to try and get back some of the money theyve paid for the privilege of hosting Formula One. Its not a brilliantly successful model from the circuits perspective, whatever the positive impact on FOMs finances...But if Live Nation take over global ticket sales, and circuits sell only those tickets still remaining when time comes to open the gates for the race weekend, new arrangements will have to be drawn up to ensure that circuits are still able to cover some of their costs, as is the case now. Either hosting fees will have to come down, or deals will have to be done regarding shares of on-site advertising revenues (or regional ticket sales, or similar), to ensure that circuits still have a reason to put on an F1 grand prix.At present its all speculation, but now that the purchase process is moving ahead once more, we are standing on the edge of interesting times -- theres a lot of change ahead. Cheap Basketball Shoes Australia .C. -- Rodney Hood connected from all over the court while freshman Jabari Parker was busy swatting shots and scoring in transition. Wholesale Basketball Shoes Free Shipping . The 26-year-old Ireland striker, who has four goals this season, has signed a three-and-a-half year contract with his new club. http://www.cheapbasketballshoesaustralia.com/ . -- Ryan Blaney provided more evidence that Penske Racings No. Basketball Shoes Cheap Australia .C. at the helm of the top team in the Eastern Conference. His tenure as the GM in Vancouver was all too brief. Though he led the Canucks to what was then a franchise record-shattering campaign in just his second season, Nonis was gone and replaced one year later. Basketball Shoes Australia Sale . The Vancouver coach and an announced sellout crowd of 18,910 watched in dismay as the Canucks lost 7-4 to the New York Islanders on Monday night by squandering a 3-0 lead in the third period.Antonio Conte has a hard job on his hands at Chelsea next season, and the club will be far less attractive to players without Champions League football, says Graeme Souness. Conte was named as Blues manager from next season on Monday, replacing interim Guus Hiddink was sacked in May.Chelseas form has improved since Jose Mourinhos departure, but the champions still sit 10 points off fourth place with just seven games remaining. Conte must first concentrate on Italy at Euro 2016 this summer Conte is currently building towards Italys Euro 2016 campaign in France, but Souness says the to-do list at Stamford Bridge will not be easy to tick off.Souness told Sky Sports: I think hes got a monster job on now, Chelsea this year have been disappointing to say the least. Will Conte fit Chelsea? With Antonio Conte taking over at Chelsea in the summer, what do we know about the Italy boss? They started as champions and never really got going. When Guus Hiddink come in you thought all their problems would be solved but they werent. Theyve been up and down all season, even with the lift a new manager gives you.I think Jose saw the writing on the wall, he knew he had been lucky to win the league last year, he must have driven them, cajoled them, bullied them, to get to that point to win it, and at the start of the season he wanted more players and better players, and for some reason he didnt get them. Chelsea are 10 points off the top four with seven games remaining That must have been the reason he fell out with whoever he ended up falling out with, and that would include the players. Looking back, Jose was right, because that group were not good enough to go and retain the title this year.Conte coming in, unless he can go out and buy some real quality, it will be another up and down season for Chelsea.dddddddddddd. Contes Chelsea to-do list Resolve John Terrys future, sort out transfer policy, rejuvenate Eden Hazard... Contes to-do list Chelsea won the league by eight points from Manchester City last season, but spent less in the summer of 2015 than they had the previous five seasons.Souness believes Conte will need substantial backing to improve the Chelsea side, but their potential absence from Europes elite club competition for the first time since 2002 will have a major impact. Jose Mourinho was sacked by Chelsea in December after a woeful start to the campaign for the champions Thats the dilemma [no Champions League], the attraction of Chelsea in recent years can be put to two main reasons, the wages plus the attraction of the Champions League. So there is no quick fix to Chelsea.Hes a different voice, has different thoughts. Does he have a magic wand? No coach has a magic wand, its all about players. Roman Abramovich (left) must back Conte substantially if Chelsea are to succeed next season, says Souness He has a hard job on his hands, so will need a lot of support from the owner, will have to buy well, and then Chelsea will be challenging again.Theyve still got the nucleus of a really good team, but the fact they really couldnt get going again when they replaced the so-called problem with Jose falling out with people, they didnt really go on from there. Also See: Contes Chelsea will win title Sidwell: Conte must keep Terry Conte sentence requested Will Conte fit Chelsea? ' ' '