Liberty Media has released its fourth-quarter and full-year 2025 financial results, confirming that Formula 1 continues to grow at a remarkable pace. The figures once again underline the commercial strength of the sport under American ownership and highlight the sustained expansion of the F1 business worldwide.
Liberty Media posts another year of growth
Formula 1’s upward trajectory shows no signs of slowing down. According to the 2025 financial report published by Liberty Media – the company that holds the commercial rights to the F1 World Championship – revenues increased by 14% year-on-year, reaching $3.9 billion.
During the recent boom in popularity of the sport, total revenues have grown consistently: $2.1 billion in 2021, $2.5 billion in 2022, $3.2 billion in 2023, $3.4 billion in 2024, and now $3.9 billion in 2025. Operating income rose by 28%, climbing to $632 million, another clear indicator of Formula 1’s financial health.
Payments to F1 teams also increased, rising by 20% from $791 million to $946 million. However, this growth remained proportionally lower than the increase in total revenues, reinforcing the overall profitability of the championship. Global fan attendance figures were also up, growing from 6.5 million to 6.75 million spectators across the season.
The words of Stefano Domenicali
“Formula 1 concluded another record-breaking season, marking an exceptional 75th anniversary for this sport,” said Stefano Domenicali, President and CEO of Formula 1. “The next chapter of F1 will bring great excitement on track with a new race in Madrid, the debut of Cadillac and Audi, and the return of Honda and Ford to the starting grid. The upcoming season will be thrilling for our sport, with the introduction of a new generation of cars, power units and regulations that will make racing dynamic and full of surprises. Our sport has never been this strong, as demonstrated by the list of prestigious partners that now includes Disney, Lego, Pepsi, Apple and Standard Chartered.”
Stefano Domenicali’s comments reflect not only the financial growth but also the strategic expansion of Formula 1, both in terms of new manufacturers joining the grid and major global brands aligning themselves with the championship.
MotoGP also celebrates strong results
Similar positive results were reported for MotoGP, which was acquired by Liberty Media in July 2025. The premier class of motorcycle racing also recorded a 14% increase in revenues, rising from $503 million to $573 million.
Operating income for MotoGP surged by 86%, increasing from $29 million to $54 million, highlighting significant operational improvements. Payments to teams grew by 15%, while fan attendance rose to 3.66 million spectators, a 21% increase compared to the previous year. Television audiences also expanded, registering a 9% rise over the past 12 months.
With both Formula 1 and MotoGP delivering double-digit growth, Liberty Media’s motorsport portfolio appears stronger than ever, confirming the global appeal and commercial power of top-tier racing championships.
Liberty Media’s 2025 financial report highlights a sport at its commercial zenith, with Formula 1 and MotoGP both delivering double-digit revenue growth. As Stefano Domenicali points out, the influx of high-profile manufacturers like Audi and Ford, combined with a blue-chip sponsor portfolio including Apple and Disney, positions F1 perfectly for the 2026 regulatory shift. With fan engagement and profits reaching record highs, the “Liberty era” of motorsport continues to redefine the financial boundaries of global racing.
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