Liberty Media Q1: F1 revenue $617M (+53%), Adj. OIBDA $172M (+102%)

Liberty Media Corp

F1 revenue $617M (+53%); operating income $107M (vs -$28M prior year); Adjusted OIBDA $172M (+102%)
MotoGP revenue $94M (+25% CC); Adj. OIBDA $16M (+60% pro forma); op. loss $24M
New sponsors (Standard Chartered, Marsh, FanDuel, Betway); broadcast renewals (Sky, Foxtel, beIN); Turkish GP from 2027
Q1 had 3 F1 races (vs 2); full-year 22 races, 2 fewer; Bahrain/Saudi postponed due to geopolitical tensions
Cash $1.33B; debt $4.99B; F1 leverage 2.3x; consol. leverage 3.0x; $1.1B buyback auth. left; no Q1 repurchases

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Liberty Media Corp reported financial results for the quarter ended March 31, 2026.

Period: the quarter ended March 31, 2026
Result: reported results

Exact text from the filing

On May 7, 2026, Liberty Media Corporation (the “Company”) issued a press release (the “Earnings Release”) setting forth information, including financial information, which is intended to supplement the financial statements and related Management's Discussion and Analysis of Financial Condition and Results of Operations contained in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed with the Securities and Exchange Commission (the “SEC”) on May 7, 2026.

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Liberty Media Corp filing history →

Source: SEC EDGAR

accession 0001560385-26-000015

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