Liberty Media reveals significant F1 revenue drop amid 'global uncertainties'

For the first six months of the year, revenue decreased by 15% to $1,381 million, operating income was $180 million, and adjusted OIBDA (Operating Income Before Depreciation and Amortization) decreased by 30% to $311 million compared to the same period in 2025, Liberty Media reported.

The latest quarterly figures show a similar pattern. Revenue decreased by 38% to $764 million, operating income was $73 million, and adjusted OIBDA also decreased by 61% to $139 million compared to the same period last year.

Still, Liberty Media is not worried about the loss, and believes in its product. Derek Chang, Liberty Media President and CEO explained: "Demand for our brands remains robust and resilient and we are continuing to find creative solutions to deal with global uncertainties. We are one year into our ownership of MotoGP and remain encouraged by the opportunities to grow the sport globally while Formula 1’s expanding reach and deepening fan engagement continue to support strong commercial momentum. Disciplined capital allocation remains a core priority as we evaluate strategic investment opportunities to enhance long-term shareholder value."

It is also highlighted that due to the Middle East conflict between the United States and Iran, two races were not held in Bahrain and Saudi Arabia. Moreover, the Bahrain GP will take place in Malaysia in October, increasing the number of races once again to 23.

F1 CEO Stefano Dominicali is also optimistic: "This season has showcased the very best of our sport with competitive racing and fascinating storylines that are driving strong fan engagement with attendance, audiences and digital impressions all up season-to-date. Our sport continues to demonstrate its adaptability and creativity – the Bahrain Grand Prix for 2026 will be hosted in Malaysia following the agreement announced last week.