Liberty Media

SportBusiness Media takes a deep dive into the numbers driving the commercial success of Formula 1.

After beIN walked away from its F1 rights in 2019, Qatar has since re-embraced F1, with the most recent investment being beIN's 10-year deal for F1 media rights in Mena and Turkey.

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

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"

Formula 1 has reported revenues of $715m (€721m) for the third quarter of 2022, a seven-per-cent increase on the same period in 2021 but a slight decrease compared with the $744m posted in the second q…

Formula 1 recorded revenues of $744m (€731.6m) during the second quarter of this year as the return of crowds and an uplift in sponsorship and media receipts helped increase its operating income to $65m.

Key media rights deals expire this year in the US, F1’s most important emerging market, as well as mature and lucrative markets such as Italy, Brazil, Asia-Pacific, South America and Sub-Saharan Africa.

Commercial free-to-air broadcaster SBT and the Disney media group are set to put in a combined bid for rights to Formula One from 2021 in Brazil, following the recent breakdown of the Rio Motorsports proposal

Brazil-based motor sports investment business Rio Motorsports has acquired the exclusive broadcast rights to Formula 1 motor racing for a five-season cycle

Brazilian commercial broadcaster Globo has started to inform advertisers and broadcast sponsors that it will not show Formula 1 action next season, its has been reported

Liberty Media’s major investment into Formula One’s digital media operations has demonstrated its value during sport’s global lockdown, believes Frank Arthofer, the series’ global head of digital media and licensing.

Formula One’s commercial managing director Sean Bratches has told the Daily Mail newspaper that the motor racing series’ decline in free-to-air coverage across the globe concerns owners Liberty Media.

Technology and media company Motorsport Network has appointed former Liberty Media executive Yavor Efremov as its group chief executive

The quest to purchase the former Fox regional sports networks has taken yet another twist with reports that Major League Baseball has teamed up with Liberty Media Group to buy the assets, which are worth…

Netflix's new fly-on-the-wall documentary "Drive to Survive", which takes an inside look at Formula One, will be released on March 8