Liberty Media Reports Strong 2025 Growth in F1 and MotoGP Amid Strategic Restructuring
Event summary
- F1 revenue increased 14% to $3.9 billion in 2025, with operating income growing 28% to $632 million.
- MotoGP revenue rose 14% to $573 million, with operating income up 86% to $54 million on a pro-forma basis.
- Liberty Media completed the split-off of Liberty Live Holdings in December 2025, streamlining its structure.
- F1 fan attendance reached 6.75 million, up 4%, with live viewership increasing 21%.
- MotoGP fan attendance exceeded 3.66 million, up 21%, with cumulative TV viewership up 9%.
The big picture
Liberty Media's 2025 results highlight its successful strategic focus on strengthening F1's growth trajectory and completing the MotoGP acquisition. The company's restructuring, including the split-off of Liberty Live Holdings, positions it for future growth. The strong financial performance and increased fan engagement across both F1 and MotoGP underscore the company's ability to capitalize on the growing global demand for motorsports entertainment.
What we're watching
- Growth Trajectory
- How Liberty Media will sustain the momentum in F1 and MotoGP amid increasing competition and regulatory scrutiny.
- Strategic Allocations
- Whether the company's disciplined capital allocation will continue to drive shareholder value post-restructuring.
- Market Expansion
- The pace at which MotoGP can expand into new geographies and diversify its race calendar.
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