Liberty Media Corporation's Q2 results show Total Formula One Group revenue of $988M and Operating Income of $59M. The press release is available on the company's website for NASDAQ:LLYVK.
Liberty Media Corporation (NASDAQ: LLYVK) has released its second quarter (Q2) 2025 financial results, highlighting robust performance across its Formula One Group. The company reported Total Formula One Group revenue of $988 million and Operating Income of $59 million for the period ending June 30, 2025 [3].
Key highlights from the Q2 results include:
- Revenue Growth: Total Formula One Group revenue increased by 36% year-over-year (YoY) to $1,341 million, primarily driven by a strong second quarter (Q2) performance. This growth was bolstered by the release of the highly successful Formula 1 movie, which contributed to increased sponsorship and media rights revenue [1][3].
- Operating Income: Operating Income for the Formula One Group grew to $280 million, up from $154 million in the same period last year. This improvement was largely due to increased revenue and lower corporate-level expenses [3].
- Acquisitions and Partnerships: Liberty Media completed the acquisition of Dorna Sports, the exclusive commercial rights holder of the MotoGP™ World Championship, on July 3, 2025. The company also renewed agreements with various partners, including Bell Media for the Canadian Grand Prix through 2035 and PepsiCo as an Official Partner of F1 through 2030 [3].
- F1 Movie Impact: The release of the F1 movie on June 26, 2025, played a significant role in the company's financial performance. The movie, which is Apple's highest-grossing film ever, contributed to the growth in sponsorship and media rights revenue [1][3].
Looking ahead, Liberty Media expects the third quarter (Q3) results to be influenced by the Formula 1 shutdown in August, which typically results in lower income. However, the company remains optimistic about the long-term growth prospects of its Formula One Group, driven by strong brand appeal and partnerships [1][3].
References:
[1] https://www.planetf1.com/news/f1-news-teams-500-million-prize-money-brad-pitt-f1-film-liberty-media-q2-results
[2] https://www.marketscreener.com/news/liberty-media-s-q2-revenue-rises-ce7c5edfdc81f021
[3] https://www.barchart.com/story/news/33959321/liberty-media-corporation-reports-second-quarter-2025-financial-results
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