Inferra AI / Company / FWONK
Formula One Group (Liberty Media)
FWONK · Communication Services
Last earnings Aug 6, 2026
Key results
Revenuequarter
53%
revenue increased 53% to $617 million,
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
Operating incomequarter
$107 million
operating income was $107 million and Adjusted OIBDA (2) increased 102% to $172 million, largely from a combination of strong underlying growth
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
MotoGP revenuequarter
25%
MotoGP revenue increased 25% to $94 million, operating loss was $24 million and Adjusted OIBDA (2) increased 60% to $16 million on a pro-forma basis as if the acquisition closed on January 1, 2024 (3) , with three races held in each quarter o Renewed with ServusTV in Austria through 2030 o Entered into new multi-year
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
AI analysis
Q1 2026 · reported May 7, 2026
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q1 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | 53% | — | — |
| Operating income | $107 million | — | — |
| MotoGP revenue | 25% | — | — |
Guidance · company-stated
No guidance located in the held release
Capital allocation
Share Repurchases There were no repurchases of Liberty Media s common stock from February 1 through April 30, 2026.
The total remaining repurchase authorization for Liberty Media as of May 1, 2026 is $1.1 billion and can be applied to repurchases of common shares of Liberty Media common stock.
Event summary
Discussion of Results Unless otherwise noted, the following discussion compares financial information for the three months ended March 31, 2026 to the same period in 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Share Repurchases There were no repurchases of Liberty Media s common stock from February 1 through April 30, 2026.
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
The total remaining repurchase authorization for Liberty Media as of May 1, 2026 is $1.1 billion and can be applied to repurchases of common shares of Liberty Media common stock.
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
7 NOTES Cash and Debt The following presentation is provided to separately identify cash and debt information.
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
e) Total consolidated Liberty Media net debt divided by total consolidated Liberty Media Adjusted OIBDA.
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
F1 and MotoGP are in compliance with their debt covenants as of March 31, 2026.
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
Total debt was relatively flat in the first quarter.
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
Strategy & priorities
We remain focused on disciplined execution, investing behind our world-class brands and evaluating avenues for capital deployment to deliver long-term value for our shareholders, said Derek Chang, Liberty Media President and CEO.
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
We remain focused on continuing to evolve the sport including strengthening how we connect with fans globally and working with the FIA and teams to make the racing product even better.
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about business strategies, future financial performance and prospects, the Formula 1 and MotoGP race calendars, expectations regarding Formula 1 s and MotoGP s businesses and other matters that are not historical facts.
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
In addition, this measure allows management to view operating results and perform analytical comparisons and benchmarking between businesses and identify strategies to improve performance.
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
As disclosed in note 1, Liberty s interest in Live Nation (including related debt and derivative instruments) and corporate cash and expenses previously attributed to the Liberty Live Group are presented as discontinued operations in the Company s condensed consolidated financial statements as the Liberty Live Split-Off represents a strategic shift that had a major effect on the Company s operations and financial results.
SEC original ↗Formula One Group (Liberty Media) — 10-Q Quarterly report10-QAug 6, 2026
Risks & headwinds
These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including, without limitation, consumer demand for live entertainment and sporting Events, the assumptions and historical information used in the pro forma financial information of MotoGP, regulatory matters affecting our businesses, geopolitical unrest, the unfavorable outcome of future litigation, the failure to realize benefits of acquisitions, failure of third parties to perform, and changes in law.
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
Please refer to the publicly filed documents of Liberty Media, including the most recent Forms 10-K and 10-Q, for additional information about Liberty Media and about the risks and uncertainties related to Liberty Media s business which may affect the statements made in this press release.
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
Liberty Media defines Adjusted OIBDA as operating income (loss) plus depreciation and amortization, stock-based compensation, separately reported litigation settlements, Concorde incentive payments and restructuring, acquisition and impairment charges.
SEC original ↗Formula One Group (Liberty Media) — Earnings release (8-K exhibit)EX-99May 7, 2026
Legal Proceedings II-1 Item 1A.
SEC original ↗Formula One Group (Liberty Media) — 10-Q Quarterly report10-QAug 6, 2026
I-22 Table of Contents LIBERTY MEDIA CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements (Continued) (unaudited) (8) Commitments and Contingencies Guarantees In connection with agreements for the sale of assets by the Company or its subsidiaries, the Company may retain liabilities that relate to events occurring prior to its sale, such as tax, environmental, litigation and employment matters.
SEC original ↗Formula One Group (Liberty Media) — 10-Q Quarterly report10-QAug 6, 2026
Litigation The Company has contingent liabilities related to legal and tax proceedings and other matters arising in the ordinary course of business.
SEC original ↗Formula One Group (Liberty Media) — 10-Q Quarterly report10-QAug 6, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documentsEarnings releases
8 documents- Q3 2026
- EX-99FWONK
- Q2 2026
- EX-99FWONK
- EX-99FWONK
- EX-99FWONK
- EX-99FWONK
- Q1 2026
- EX-99FWONK
- Q4 2025
- EX-99FWONK
- Q3 2025
- EX-99FWONK
Presentations
0 documentsNo presentations for Formula One Group (Liberty Media) are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Formula One Group (Liberty Media) are held in this edition of the library.
Mentioned by
1 companyOther tracked companies whose held documents mention Formula One Group (Liberty Media) by name or ticker. A mention is counted once per document, from the document text the library holds.
Expeditors International (EXPD)
“epaid $114 million of debt. Important Notice: Liberty Media Corporation (Nasdaq: FWONA, FWONK)… …separately reported litigation settlements, Concorde incentive payments and restructuring, acquisition and impairment charges. Liberty Media believes”
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