Liberty Media Corporation Series A Liberty Formula One Stock News

Formula One's U.S.-based owner Liberty Media's planned takeover of MotoGP's parent company Dorna will be decided by EU antitrust regulators by Dec. 19, a European Commission filing showed.

Liberty Media (FWONA, FWONK, LLYVA, LLYVK) said it plans to spin off most of its entertainment assets besides Formula One into a separately traded entity, Liberty Live, and announced CEO Greg Maffei is stepping down.

Formula One owner Liberty Media (NASDAQ:LINTA) has announced plans to spin off Liberty Live, including its stake in Live Nation and sports experience provider Quint, into a standalone company and that CEO Greg Maffei will be stepping down at the end of the year. Liberty Media (NASDAQ:LINTA) will hold its subsidiary Formula One and MotoGP, among other assets.

Liberty Media's CEO will step down as the company splits its Live Nation and Quint holdings from the motor sport businesses.

ENGLEWOOD, Colo.--(BUSINESS WIRE)--LIBERTY MEDIA CORPORATION ANNOUNCES PLAN TO SPLIT OFF LIBERTY LIVE GROUP.

Formula One Group (FWONK) Q3 2024 Earnings Conference Call Transcript

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Reports Third Quarter 2024 Financial Results.

Formula One Group (NASDAQ: FWONK) is poised for growth with rising sports media rights, expanded race calendar, and better monetization of sponsorships and digital mediums. F1's exclusive commercial rights, strong IP control, and strategic acquisitions like Moto-GP enhance its competitive edge and growth potential. Risks include potential changes in team profit-sharing agreements, reliance on g...