Liberty Media Q1: F1 revenue down 27% to $403M; operating loss of $28M

Liberty Media Corp

Formula One Group revenue $447M vs $587M in Q1 2024; operating loss $67M vs income $95M.
F1 Adjusted OIBDA $85M vs $208M; two races held vs three last year.
Renewed Mexico GP through 2028, Miami GP through 2041; 2026 Concorde Agreement signed.
Live Nation investment fair value $9.1B; no share repurchases Feb–Apr; $1.1B authorization left.
Formula One Group cash $2.833B; F1 leverage 1.2x; MotoGP acquisition regulatory process ongoing.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.