---
schema_version: "secwatch.filing_event.v1"
accession: "0001560385-25-000027"
form_type: "8-K"
ticker: "FWONA"
cik: "0001560385"
company_name: "Liberty Media Corp"
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:16:56.522739+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Liberty Media Q3 2025: F1 revenue up 1% to $869M; MotoGP acquired July 3; Liberty Live split-off set for Dec 15

## Summary
- F1 Q3 revenue $869M (+1% YoY); operating income $168M (+15%); Adjusted OIBDA $234M (+6%).
- MotoGP contributed $169M revenue in Q3 (acquired July 3, 2025); Adjusted OIBDA $66M.
- Formula One Group debt jumped to $5.056B from $2.897B, largely due to MotoGP acquisition financing.
- Apple named new US F1 broadcast partner; race renewals for Austin (2034), Azerbaijan (2030), Monaco (2035).
- Liberty Live split-off expected December 15, 2025, subject to shareholder vote on December 5.

## SEC filing metadata
- accession: 0001560385-25-000027
- form_type: 8-K
- ticker: FWONA
- cik: 0001560385
- company_name: Liberty Media Corp
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560385/000156038525000027/0001560385-25-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560385/000156038525000027/lmca-20251105x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001560385-25-000027
- JSON: https://secwatch.observer/filing/0001560385-25-000027.json
- Plain text: https://secwatch.observer/filing/0001560385-25-000027.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.