Formula One Group, every mention

Formula 1: Fast cars, celebrities, and B2B software (Audio) · Acquired Mar 5, 2026 · 17 mentions

• ▶ 2:43:22 David Rosenthal And then they actually changed the whole name of Liberty media, the company, the publicly traded company into the formula one group, create a new tracking stock to track the value of F one group F
• ▶ 2:52:12 Ben Gilbert About 60% of that comes from sponsorship, and the next highest comes from the sort of distributions coming from Formula One group, and we'll talk about how those distributions work later.
• ▶ 3:41:46 Ben Gilbert So Formula One Group does 3.4 billion dollars in revenue, and the most recent numbers here are from 2024.
• ▶ 3:44:28 Ben Gilbert Both the split with Formula One group is renegotiated and
• ▶ 3:44:38 Ben Gilbert They currently distribute about 37% of Formula One groups revenue out to the teams, which comes to 1.27 billion of their 3.4 billion.
• ▶ 3:51:04 Ben Gilbert So market cap of Formula One itself.
• ▶ 3:51:06 Ben Gilbert Now remember Liberty bought in 2017 the company for eight billion with 4.4 billion of that being equity value.
• ▶ 3:51:32 Ben Gilbert So then on top of the series itself, Formula One Group being worth twenty five billion dollars of enterprise value, you look at the teams, those, if you sum them all up, are worth another thirty six billion or so, not including Cadillac…
• ▶ 3:51:47 Ben Gilbert And so there's a grand total then of sixty one billion dollars of enterprise value between the teams and Formula One itself.
• ▶ 3:52:05 David Rosenthal What did you say you think that F-One invested in Vegas?
• ▶ 3:52:26 David Rosenthal If, if Formula One itself is willing to put five hundred million dollars up to stand up a Grand Prix, then that seems a reasonable proxy for the value of a Grand Prix.
• ▶ 3:54:02 Ben Gilbert F-one is actually getting leverage over the teams.
• ▶ 3:54:10 Ben Gilbert Once Formula One pays for all the other stuff, generated four hundred ninety two million in operating income on revenues of 3.4 billion.
• ▶ 4:03:34 David Rosenthal So back to the formula one group.
• ▶ 4:07:19 David Rosenthal Look, I mean, it really speaks to how powerful the F-One group is, that despite all the years of abuse from Bernie, the circuits and the teams never actually broke away.
• ▶ 4:25:39 Ben Gilbert To Pawan Gami, Alex Knight, and Jimmy Fairbanks, who are equity investors and analysts who really helped me understand the investor perspective on Formula One Group and Liberty Media.
• ▶ 4:27:08 David Rosenthal And just one more on my end to Chase Carey, a board member now of Liberty and Fox, but obviously former CEO of the F-One Group.