In Q1 FY2026 (ended March 31, 2026), Liberty Media reported revenue of $711 million, up 59.1% year-over-year. Net income surged to $57 million from $5 million a year ago, a 1,040% increase. Operating income rose 195.5% to $64 million, and diluted EPS was $1.08, up 1,900% from $0.054. The company held $1.33 billion in cash and $5.02 billion in long-term debt as of quarter end.
•Revenue grew 59.1% YoY to $711 million.
•Net income increased 1,040% to $57 million.
•Operating income rose 195.5% to $64 million.
•Diluted EPS was $1.08, up 1,900% from the prior year.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Founded 1950Englewood, ColoradoSubsidiary of Liberty Media Corporation
Formula One provides the motorsports business globally. The company holds commercial rights for the Fédération Internationale de l'Automobile (FIA) Formula One World Championship, an annual nine-month long motor race-based competition in which teams compete for the Constructors' championship and drivers compete for the Drivers' championship.
It is also involved in filming, television production and post-production, and digital and social media activities. Its portfolio also includes provision of freight, logistical, and travel related services technical support at Formula 1 events, production of the international television feed, and operation of the Formula 1 Paddock Club hospitality program, F2 and F3 race series, and F1 Academy. Founded in 1950, the company is headquartered in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.
Formula One Group, trading under the ticker FWONB, is the global commercial rights holder for the FIA Formula One World Championship. The company organizes and promotes the annual nine-month motor racing competition where teams compete for the Constructors' championship and drivers for the Drivers' championship. Beyond the main F1 series, its portfolio includes the F2 and F3 race series and the F1 Academy. The group also provides freight, logistical, and travel services for events, produces the international television feed, operates the Formula 1 Paddock Club hospitality program, and engages in filming, television production, and digital media activities. Essentially, Formula One Group manages the business operations of the premier motorsport series worldwide.
Where is Formula One Group (FWONB) listed and in what currency?
Formula One Group is listed on the OTC Markets OTCQB exchange under the ticker symbol FWONB. The company trades in United States Dollars (USD). As an OTC-listed security, it is traded over-the-counter rather than on a major exchange like the NYSE or NASDAQ. Investors should note that OTC stocks may have lower liquidity and different reporting requirements compared to exchange-listed stocks. The currency denomination in USD makes it accessible primarily to investors in the United States and those with USD-denominated accounts.
What sector and industry does Formula One Group (FWONB) belong to?
Formula One Group is classified under the Communication Services sector and the Entertainment industry. This classification reflects the company's core business of producing and commercializing a global motorsport entertainment property. The Communication Services sector typically includes companies that provide media, entertainment, and telecommunications services. As an entertainment company, Formula One Group generates revenue from broadcasting rights, event hosting, sponsorship deals, hospitality programs, and digital content. The entertainment industry categorization underscores that the Formula 1 World Championship is not just a sport but a major entertainment product with a global audience.
Where is Formula One Group (FWONB) headquartered and what is its history?
Formula One Group is headquartered in Englewood, Colorado, United States. The company was founded in 1950, making it one of the longest-standing entities in motorsport. It operates as a subsidiary of Liberty Media Corporation, a media conglomerate. The group's headquarters in Colorado serves as the administrative hub for its global operations, which span across multiple continents. The long history since 1950 highlights the enduring popularity and commercial success of the Formula 1 World Championship. Being a subsidiary of Liberty Media provides strategic and financial backing for the group's activities.
How does Formula One Group (FWONB) generate revenue?
Formula One Group generates revenue through multiple streams centered around the Formula 1 World Championship. Key sources include broadcasting rights fees from television networks and digital platforms that air races globally. The company also earns from race promotion fees paid by host circuits, sponsorship deals with global brands, and the Formula 1 Paddock Club hospitality program, which offers premium experiences to corporate clients. Additionally, the group provides freight, logistical, and travel services to teams and partners, and produces the international television feed. Revenue also comes from the F2 and F3 race series and the F1 Academy. Digital and social media activities further contribute to income through advertising and content licensing.