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Jun 30, 2022
Liberty Formula One Q2 2022 Earnings Report
Liberty Media reported second quarter results, noting growth in Formula One revenue and Braves attendance.
Key Takeaways
Liberty Media's Formula One Group saw a significant revenue increase in the second quarter of 2022, driven by growth across race promotion, media rights, and sponsorship. Braves Group also experienced revenue growth due to increased capacity and ticket demand.
Formula 1 revenue increased due to growth in race promotion, media rights, and sponsorship.
Braves revenue increased due to increased capacity and ticket demand.
SiriusXM revenue increased 4% year-over-year.
Liberty repurchased 2.4 million LSXMA/K shares for $93 million.
Liberty Formula One
Liberty Formula One
Liberty Formula One Revenue by Segment
Forward Guidance
Liberty Media did not provide forward guidance in this report.