• Loading stock data...
Thursday, October 9, 2025

Formula One Gets Another Win Off the Track

  • The sport’s quarterly revenue is up in a big way.
  • Parent company Liberty Media just released new earnings.
John David Mercer-USA TODAY Sports

Just days after Formula One completed the third running of the Miami Grand Prix, all signs point to business being as good as ever for the global racing circuit. Not only did the Miami race draw the sport’s highest U.S. TV audience ever, but on Wednesday, F1 parent company Liberty Media announced strong financial results.

During the first quarter of 2024, F1 generated $553 million in revenue. That’s a 45% increase over the same time period last year. There is one catch, though: Formula One raced three times in Q1 of this year (January through March), as opposed to two races during the first three months of ’23. This season, the F1 schedule will feature a record 24 races. Last year, F1 scheduled 24 races but ran only 23 after the Emilia Romagna Grand Prix was canceled due to excessive flooding. Still, Formula One generated $3.23 billion in total revenue in ’23, the most ever for the sport. 

During Q1, Liberty Media also agreed to acquire an 86% majority stake in MotoGP at a roughly $3.8 billion equity value. The deal for that motorcycle racing series is expected to close by the end of 2024.

Another Base Hit

Wednesday also marked the release of Q1 earnings for Atlanta Braves Holdings, Inc. The parent company of the MLB’s Braves that spun off from Liberty Media last year reported $37 million of revenue for the quarter, marking a 20% increase from the same period in 2023. Atlanta currently sits in second place in the NL East division and is averaging the fourth-highest attendance per game in all of MLB.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Rays Owner Eyes New ‘Forever Home’ Like Atlanta’s Battery

The club’s new owners target a new ballpark opening in 2029.
Florida State defensive back Renardo Green (8) tackles Miami running back Mark Fletcher Jr. (22) during a college football game Saturday, Nov. 11, 2023, at Doak Campbell Stadium in Tallahassee, Florida.

Miami–Florida State Rivalry Heats Up With Priciest Ticket in CFB

The get-in price for Saturday’s matchup in Tallahassee is more than $300.

UEFA Delays Overseas Matches Ruling As LaLiga Miami Game Looms

Barcelona-Villarreal is scheduled for late December at Hard Rock Stadium.

Featured Today

Paul Cartier

Sports Organists Are Still Thriving in the Era of Raucous Arena Music

“When they walk out and they see a real organ guy, it’s like, ‘Wow.’”
Sep 27, 2025; Milwaukee, Wisconsin, USA; Milwaukee Brewers center fielder Jackson Chourio (11) rounds the bases after hitting a home run during the sixth inning against the Cincinnati Reds at American Family Field.
October 4, 2025

Milwaukee Moneyball: Brewers Are Beating MLB’s Deeper Pockets

Milwaukee is holding its own against big-budget competitors.
Kōloa Rum Company Rum Rusher
September 27, 2025

Panthers Bubbly, Jets Wine, Manning Whiskey: The Sports Booze Boom

A sommelier dives into the sports booze trend—and tries Jets wine.
Nov 17, 2024; Pittsburgh, Pennsylvania, USA; Pittsburgh Steelers fans wave Terrible Towels against the Baltimore Ravens during the fourth quarter at Acrisure Stadium
September 26, 2025

Steelers’ Irish Roots Are Deeper Than NFL Dublin Game

The Steelers have history and the foundation for a future in Ireland.
Mar 15, 2025; Buffalo, New York, USA; Vegas Golden Knights center Jack Eichel (9) reacts after scoring a goal during the third period against the Buffalo Sabres at KeyBank Center.

How Connor McDavid’s Extension Set Off a Wave of Big-Money Deals

Several notable contracts are completed in the wake of the superstar’s deal.
exclusive
October 8, 2025

Bud Selig: ‘Remarkable’ Brewers Run Can’t Mask MLB’s Money Divide

The former commissioner lauds his hometown team while raising economic concerns.
Alexis Ohanian
October 8, 2025

Alexis Ohanian Tweaks Track Rivals With Promise of Instant Payments

Athletes will be paid minutes after finishing their races at Athlos.
Sponsored

How Jenny Just Is Shaping the Future of Sports Ownership

Jenny Just on bringing her investment experience to sports ownership.
October 8, 2025

MLB’s Rare October Day: Four Playoff Games, Four Possible Clinchers

Four separate clinching opportunities are available during the day.
October 7, 2025

‘Absolutely Ridiculous’: Trump Blasts NFL Over Bad Bunny Choice

The president predictably panned the NFL’s selection of the Puerto Rican superstar.
Maverick Carter, LeBron James
exclusive
October 7, 2025

New International Basketball League Plans Launch, Without Maverick Carter

The venture plans to launch men’s and women’s leagues next fall.
Taylor Swift
October 7, 2025

Taylor Swift Explains Why She Isn’t Playing Super Bowl Halftime

She said she’s “too locked in” on Travis Kelce’s season to perform.