Keep pulling the thread on Kyle Grieve.
Formula One Group's exclusive commercial rights to Formula 1 are secured for another 86 years.
According to a company presentation, MotoGP's revenue has grown at a 159% compound annual growth rate (CAGR) since 2022.
Formula One Group holds the exclusive commercial rights to the Formula 1 sport, which has a global fan base of 800 million people.
Formula One Group hosts 24 events per year and generates over 24% free cash flow margins.
The Formula 1 fan base has grown by over 63% cumulatively since Liberty Media acquired the sport in 2017.
Formula One Group holds the exclusive commercial rights to the F1 Championship under a 100-year contract that ends in 2110.
Formula One Group acquired MotoGP for a total cost of approximately $3.7 billion, funded with cash, stock, and loans.
On March 13th, Formula 1 announced the cancellation of two events in Bahrain and Saudi Arabia, reducing the number of races for the year from 24 to 22.
The cancellation of the Bahrain and Saudi Arabia races is estimated to result in a loss of $115 million to $200 million in revenue and $40 to $80 million in EBITDA for Formula 1.
Formula 1's new US broadcasting deal with Apple is worth $140 million per year, an increase from the previous $85 million per year deal with ESPN.
John Malone owns 97% of Formula One Group's F1B shares, giving him 49% of the company's voting rights.
Formula One Group paid $4.2 billion for an 84% stake in MotoGP, a deal which regulators blocked from being a full acquisition for anti-competitive reasons.