Strong Financial Performance in Formula One
Formula One's revenue is up 9% and adjusted OIBDA is up 15% year-to-date, with growth across all revenue streams despite having one fewer race.
Successful Sponsorship and Media Rights Deals
F1 renewed with global partner Heineken and signed a landmark distribution partnership with Apple in the U.S. Additionally, there is growth in sponsorship with Hello Kitty, Pottery Barn, and other consumer names.
MotoGP Strategic Investments
Early days in identifying partnership areas between Formula 1 and MotoGP, with a focus on enhancing the Grand Prix experience and scaling sponsorship.
Strong Attendance and Engagement at F1 Events
F1 events saw 5.8 million attendees with a 4% increase, record female and under-35 attendees, and a sold-out Paddock Club for the remainder of the season.
Debt Refinancing and Strong Liquidity
Successful refinancing of MotoGP's debt and F1's incremental term loans, reducing interest expenses and extending maturities.