Recent Updates — FWONB

Liberty Media Corporation reported second quarter 2026 financial results on August 6, 2026. Consolidated revenue decreased to $934 million from $1,341 million in the prior year period, driven by a calendar variance that reduced Formula 1 races from nine to five. Formula 1 operating income fell to $73 million and Adjusted OIBDA declined 61% to $139 million due to fewer events. MotoGP reported revenue of $170 million with an Adjusted OIBDA increase of 3% to $76 million on a pro-forma basis. The company also announced debt reductions, including $114 million in MotoGP repayments and new financing facilities. Liberty Media maintains a remaining share repurchase authorization of $1.1 billion as of August 1, 2026. The company operates in the global motorsports entertainment industry, owning and operating Formula 1 and MotoGP.