•
Mar 31, 2021
Liberty Formula One Q1 2021 Earnings Report
Liberty Media reported first quarter results, with Formula One Group's revenue significantly increased due to race recognition.
Key Takeaways
Liberty Media Corporation reported its first quarter 2021 financial results, with key highlights including SiriusXM's revenue growth and Formula One's increased revenue due to the resumption of races. The Braves also expanded capacity at Truist Park.
SiriusXM reported a 5% increase in first quarter revenue and a 7% increase in adjusted EBITDA.
Formula One announced a 10-year agreement to host the Miami Grand Prix beginning in 2022.
The Braves expanded capacity at Truist Park to 100% beginning May 7th.
Liberty Media published disclosure aligned with Sustainability Accounting Standards Board standards.
Liberty Formula One
Liberty Formula One
Liberty Formula One Revenue by Segment
Forward Guidance
Liberty Media did not provide specific forward guidance in this earnings report.