Liberty Media Corporation’s Liberty Formula One Series A represents an interest in the company’s Formula One Group, which is primarily involved in the commercial and promotional management of the Formula 1 World Championship. The business oversees the global championship’s commercial rights, including race promotion, media and broadcasting rights, sponsorships, hospitality, licensing and other related activities.
Formula 1 organizes and promotes a worldwide motor racing series featuring events held across Europe, the Americas, Asia, the Middle East and Australia. Its operations support the Formula 1 brand, teams and events through global media distribution, corporate partnerships, fan engagement, digital content and licensing programs.
Liberty Media acquired Formula One’s parent company, Delta Topco, in 2016 and subsequently rebranded the business as part of Liberty Media’s Formula One Group. Liberty Media later completed its acquisition of MotoGP’s parent company, adding the commercial rights and operations of the premier motorcycle racing championship to the group. Liberty Media is chaired by John Malone and led by Chief Executive Officer Derek Chang, while Formula 1 is led by President and CEO Stefano Domenicali.
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