Strong Revenue and OIBDA Growth Despite Fewer Races
Formula One's revenue increased by 9% and adjusted OIBDA by 15% year-to-date, despite having one fewer race compared to the prior year.
Expansion of Media and Sponsorship Deals
F1 renewed its global partnership with Heineken and signed a landmark distribution partnership with Apple in the U.S., which is expected to enhance growth in the U.S. market.
Strong Fan Engagement and Attendance
F1 reported a 4% increase in fan attendance and notable increases in female and under-35 attendees, with strong social media engagement.
Successful Debt Refinancing
MotoGP's debt was refinanced, resulting in future margin reductions as the business deleverages, reducing interest expenses and extending maturities.