Liberty Media Q2: F1 revenue +41% to $1.23B; MotoGP acquired; Live split-off on track

Liberty Media Corp

Formula One Group Q2 revenue $1.34B (+36% YoY); Adjusted OIBDA $369M (+124% YoY).
F1 revenue $1.226B (+41% YoY); nine races vs eight; operating income $293M vs $84M.
Completed acquisition of MotoGP on July 3; owns ~84%; consolidated from that date.
Liberty Live: Live Nation fair value $10.5B; split-off proxy filed, expected Q4 2025.
Renewed Canadian GP through 2035, Austrian GP through 2041; new partner PepsiCo through 2030.

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