Liberty Media Corporation’s Liberty Formula One Group represents the company’s ownership interest in Formula 1, the global motorsport championship. Through Formula 1, the group manages and commercializes the series’ commercial rights, including race promotion, media and broadcasting rights, sponsorships, licensing, and digital and hospitality activities.
Formula 1 organizes a worldwide racing calendar featuring events across Europe, the Americas, Asia, the Middle East, and Australia. Its business serves international audiences, race promoters, broadcasters, sponsors, teams, and motorsport fans through live events, media programming, branded merchandise, digital content, and related experiences.
Liberty Media acquired control of Formula 1 in 2017 from funds managed by CVC Capital Partners. Liberty Media’s Formula One Group tracking stocks are designed to reflect the economic performance of the company’s Formula 1-related assets rather than represent a separate legal entity. Liberty Media has historically been associated with Chairman John C. Malone; Formula 1 is led operationally by President and Chief Executive Officer Stefano Domenicali.
