---
schema_version: "secwatch.filing_event.v1"
accession: "0001560385-26-000006"
form_type: "8-K"
ticker: "FWONA"
cik: "0001560385"
company_name: "Liberty Media Corp"
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:34:33.411824+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Liberty Media 2025: F1 revenue $3.87B (+14%), OI $632M; MotoGP OI $54M (+86%)

## Summary
- F1 full-year revenue $3.873B (+14%), operating income $632M (+28%), Adjusted OIBDA $946M (+20%), fan attendance 6.75M (+4%).
- MotoGP pro-forma revenue $573M (+14%), operating income $54M (+86%), Adjusted OIBDA $201M (+15%); attendance 3.66M (+21%).
- Completed Liberty Live split-off on Dec 15, 2025; Liberty Media now separately traded with $1.1B share repurchase authorization remaining.
- F1 leverage 2.8x, MotoGP leverage 4.7x, consolidated leverage 3.6x; all debt covenants in compliance as of Dec 31, 2025.
- New F1 race in Portugal (2027-28), Barcelona extension through 2032; MotoGP Adelaide city-center GP (2027-32).

## SEC filing metadata
- accession: 0001560385-26-000006
- form_type: 8-K
- ticker: FWONA
- cik: 0001560385
- company_name: Liberty Media Corp
- filed_at: 2026-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1560385/000156038526000006/0001560385-26-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560385/000156038526000006/lmca-20260226x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001560385-26-000006
- JSON: https://secwatch.observer/filing/0001560385-26-000006.json
- Plain text: https://secwatch.observer/filing/0001560385-26-000006.txt

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