Liberty Media

Liberty Media’s Formula One Group generated revenues of $3.65bn in 2024, with sponsorship, media rights and event promotion all contributing steady increases on the previous year.

Emily Prazer, Formula 1’s chief commercial officer, will take on the role of president of the Las Vegas Grand Prix, with race chief executive Renee Wilm shifting her focus to Liberty Media.

Liberty Media has appointed board member Derek Chang, currently executive chairman of EverPass Media, as its president and CEO

Liberty Media’s takeover of MotoGP owner Dorna Sports could be delayed until at least May next year after the European Commission (EC) launched an “in-depth investigation” over concerns it will lead to hi…

Liberty Media has unveiled plans to spin off various assets, excluding Formula 1, into a separate publicly traded company, called Liberty Live, and revealed the impending exit of group CEO Greg Maffei

Formula One Group has reported slight increases in total revenue and operating income for Q3 2024, with Liberty Media's takeover of MotoGP on course to close by the end of the year.

F1 owner Liberty Media has revealed it is facing a US Department of Justice investigation into its move to prevent Andretti Formula Racing from entering the series as its 11th team.

Formula 1's revenue broke the $500m (€465.7m) barrier for the first quarter of this year, with the addition of an extra race in the period and strong performances across all three main revenue drivers paying dividends.

MotoGP will continue to be run as a separate business to Formula 1 and there is unlikely to be any bundling of the media or sponsorship rights to the two properties following Liberty Media’s acquisition of the motorcycling series.

Liberty Media has targeted the Americas as the main growth region for MotoGP after striking a deal for Dorna Sports that values the series promoter and rights-holder at €4.2bn ($4.5bn).

Dorna Sports’ expected sale to Liberty Media for over €4bn ($4.3bn) offers the potential to generate a host of commercial efficiencies across both Formula 1 and MotoGP in a watershed moment for motorcycling.

Formula 1 has seen its annual revenue grow to $3.22bn (€2.97bn), with the impact of its new Las Vegas Grand Prix particularly impacting its fourth quarter results as operating income rose by 164 per cent year-on-year.

Liberty Media's Liberty SiriusXM (LSXM) tracking stock group will be combined with US radio broadcaster SiriusXM to create a new public company under the SiriusXM name and brand

Formula 1’s revenue for the third quarter of 2023 rose to $887m (€829m), with the figures boosted by increased media rights and sponsorship fees, as well as one extra race compared to the same period in 2022.

The organisers of the upcoming Formula 1 Las Vegas Grand Prix have made tequila brand Volcan de mi Tierra the latest addition to the event’s sponsorship portfolio. 

Liberty Media is looking to combine the Liberty SiriusXM tracking stock group with US radio broadcaster Sirius XM to form a "new, consolidated public company"