09/08/2025 18:45
F1 owner Liberty Media has released its second quarter results,
showcasing a significant increase in revenue year-on-year for the
Formula One Group, which has provided a huge benefit to its 10
current teams. Revenue for Q2 jumped from $871 million in 2024 to
$1,226 million this year, representing over 40 percent growth in
that area. The key factors attributed to the Formula One Group's
strong results are: The acquisition of MotoGP, despite that being
completed at the start of Q3; the renewal of certain grand prix
that take place during the period, namely the Canadian and Austrian
grand prix, which both secured new long-term contracts; securing
new partners, such as PepsiCo and the continuation of current
deals, like global partner MSC Cruises; A new licensing agreement
with Disney; and the F1 movie. The latter has already grossed over
$552 million at the global box office , becoming both Apple and
Brad Pitt's most successful film. As such, it is due to return to
cinemas having originally been released in late June. "We made
excellent progress since last quarter on our stated priorities,
including completing the acquisition of MotoGP, advancing the
split-off of Liberty Live and continuing excellent financial and
operating results at Formula 1," said Derek Chang, Liberty Media
president & CEO. "Formula 1's global strength continues to
drive commercial momentum and financial success, with new partners
signed and record fan engagement demonstrating the breadth and
appeal of the brand. "We are thrilled to begin our partnership with
the MotoGP management team and, while early days, are working
closely with them to support their strategic direction and
accelerate the company's growth." F1 second quarter prize money The
rise in revenue can be in part explained by there being nine races
in Q2 this year, compared with eight in 2024. This is due to
calendar format fluctuation, with additional revenues from race
promotion and higher revenues from sponsorship and media rights as
a result, although there were 11 events held year-to-date through
the second quarter of both seasons. Consequently, team payments
have shot up from $435 million last year to $513 million for the
same period in 2025, an 18 percent increase. This prize money is
distributed on a sliding scale based on the results of last
season's constructors' championship, with McLaren due to get nearly
$88 million at one end and Stake to receive $37 million at the
other. "This season has showcased phenomenal racing, with multiple
teams and drivers competing at the very highest level," said
Stefano Domenicali, Formula 1 president and CEO. "The F1 movie from
Apple debuted to well-deserved accolades, marking the largest box
office theatrical release for any streaming service and captivating
audiences of both core and new F1 fans alike. "Cultural moments
like the F1 movie alongside exciting on-track action are generating
strong viewership trends and especially robust social and digital
engagement, including a record number of social impressions
delivered by content posted on official F1 channels. "Thanks to the
efforts of our teams, partners and the F1 community, we are driving
excellent momentum at Formula 1 on and off the track."
