How do the motorsport businesses earn revenue?
Liberty identifies Formula 1 and MotoGP as its most significant subsidiaries. For both businesses, its reporting separates race-promotion fees, media-rights fees and sponsorship fees as the main revenue streams. Additional MotoGP activities include other motorcycle championships, hospitality and licensing. This is a rights and events business: the commercial group connects racing championships with promoters, broadcasters, sponsors and fans across multiple markets. [1]
How should the FWONK listing be understood?
Liberty Media completed the split-off of Liberty Live Holdings in December 2025. Its subsequent reporting describes the two as separately traded companies backed by their own assets. Older descriptions that combine Liberty Media with the Live Nation stake or Quint under the former tracking-group structure can therefore be misleading. This Index line represents Liberty Media's current corporate context, centred on Formula 1 and MotoGP, rather than a listing of an individual racing team. [2] [1]
In the Global Entertainment Index
Listed-market context
USD total returns through , using the Index's adjusted price series. Not live quotes. Past performance does not predict future results.
1.22% target weight at rebalance. Weights drift between rebalances; this is not a live portfolio weight.
Compare Liberty Media — Formula One with the IndexSource: Index constituent data. Read the calculation and limits.
Sources & review
Company facts use the primary sources below. Market classification and performance come from the Index. Ownership is a parent-group summary, not a complete beneficial-ownership analysis.