Business Segments | Company | Subsidiaries

Who Owns Formula 1?

Who Owns Formula 1?
Formula 1 Ownership Structure

Formula 1 is owned by Liberty Media Corporation. Liberty Media is a media, communications, and entertainment conglomerate based in Englewood, Colorado. The company owns a variety of assets, including Sirius XM, Formula 1, and Live Nation.

Liberty Media Business Segments

Liberty Media reports three major business segments at the start of 2024: Sirius XM, Formula One, and Live Nation. While Liberty Media Corp files a single 10-K with the Securities and Exchange Commission (SEC), it has an unusual structure.

Liberty Live Group Race Promotion FIA Formula One Group Liberty Media Corporation Formula 1 Sponsorship Drivers Teams Media Rights Liberty SiriusXM Group Key relationship Key relationship Key relationship Note: This chart shows selected ownership, management, and governance information based on public filings and information about the entities. The chart might not reflect actual legal entities or relationships accurately. Do not rely on this chart for financial, legal, or investment advice. Sources: 10-Ks, Proxy Statements and related information. Berkman LLC. Copyright 2024.

This chart is made with Lexchart for automatic organization charts.

Formula 1 Drivers, Teams, and FIA

Liberty Media does not own or control the drivers, teams, or the governing body of Formula 1, FIA. Instead, it owns the commercial rights to the sport, which include the broadcasting rights, sponsorship deals, and the organization.

Liberty Media identifies these groups as "key relationships" for its Formula One Group business.

Liberty Media Business Segments [2024]
Discover complex structure behind Liberty Media. See who owns Formula One, Sirius XM, and Live Nation with innovative tracking stocks. See the structure in an ownership chart.

Read more about Liberty Media

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