Liberty Media Corporation - Series A
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Derek Chang
- Full Time Employees
- 1,674
- Sector
- Technology services
- Industry
- Internet software/Services
- Address
- 12300 Liberty Boulevard Englewood CO United States 80112
- IPO Date
- Jan 11, 2013
- Website
- libertymedia.com
- Similar Companies
- Business
- Formula One Group (Nasdaq: FWONA, FWONK) operates as a tracking stock of Liberty Media Corporation and serves as the primary promoter and commercial rights holder for the FIA Formula One World Championship, along with its wholly-owned subsidiaries Formula 1, MotoGP, and Quint, and other minority investments; it manages global broadcasting rights, race promotion fees from hosting countries, sponsorships and advertising deals, trackside hospitality through the Paddock Club, licensing of Formula One trademarks and memorabilia via F1 Authentics, and feeder series including the FIA Formula 2 Championship, FIA Formula 3 Championship, and F1 Academy. The group, headquartered in London with key operations in the United Kingdom and the United States, oversees a worldwide calendar of over 20 Grand Prix events across multiple continents, negotiates television contracts with global broadcasters, provides logistical support for teams and equipment transport, and distributes prize money to constructors based on the Concorde Agreement. Founded through the evolution of Formula One commercial structures dating back to the 1950 inaugural FIA World Championship and acquired by Liberty Media in 2017 for $4.4 billion, the group recently expanded significantly in April 2025 by acquiring a majority stake in Dorna Sports S.L., thereby gaining commercial rights to MotoGP and the Superbike World Championship; additional recent developments include new global partnerships such as LVMH as luxury partner encompassing Louis Vuitton, Moët Hennessy, and TAG Heuer under a 10-year deal effective 2025, PepsiCo's multi-year collaboration with Mercedes-AMG Petronas F1 Team starting in 2026 featuring Gatorade, Sting, and Doritos brands, and Allwyn as an official partner to leverage Formula 1's 75th anniversary season in 2025 amid preparations for major regulatory shifts including new power units, active aerodynamics, and the end of DRS in 2026.
Company News
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