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Sep 30, 2022
Liberty Formula One Q3 2022 Earnings Report
Formula One reported revenue growth driven by increased race promotion, media rights, and sponsorship fees.
Key Takeaways
Formula One's Q3 2022 earnings show a strong performance driven by diversified revenue streams and multi-year contracts. Key areas of growth include race promotion, media rights, and sponsorship.
Formula 1 has a diversified & stable business model.
Multi-year contracts with key business partners across Media Rights, Race Promotion & Sponsorship.
Race Promotion contracts typically have annual escalators and promoters’ principal source of income is ticketing.
Media Rights contracts usually include annual escalators and includes F1TV OTT revenue.
Liberty Formula One
Liberty Formula One
Liberty Formula One Revenue by Segment
Forward Guidance
No forward guidance was provided in the report.