On November 4, 2026, Liberty Media Corporation, which operates the Formula One Group, entered into an Exchange Agreement with John C. Malone and certain related entities. Pursuant to the agreement, the Malone Holders transferred to the company 2,316,537 shares of Series B Common

Liberty Media Corporation Acquires 2,316,537 Series B Shares from Malone Holders and Adopts Rights Agreement

Formula One Group, together with its subsidiaries, engages in the motorsports business in the United States, the United Kingdom, Spain, and internationally. The company holds commercial rights for the Fédération Internationale de l'Automobile (FIA) Formula One World Championship, an annual nine-month long motor race-based competition in which teams compete for the Constructors' championship and drivers compete for the Drivers' championship. It is also involved in filming, television production and post-production, and digital and social media activities; provision of freight, logistical, and travel related services, as well as technical support at Formula 1 events; production of the international television feed; and operation of the Formula 1 Paddock Club hospitality program, F2 and F3 race series, and F1 Academy. The company was founded in 1950 and is headquartered in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.

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