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GCI Liberty (GLIBA) investor relations material

GCI Liberty Investor Day 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Investor Day 2025 summary20 Nov, 2025

Strategic and operational highlights

  • Liberty Live spin-off effective December 15, making Formula 1 Group a standalone asset-backed security and highlighting the value of both F1 and MotoGP.

  • Leadership transitions: Derek Chang as CEO, John Malone to Chairman Emeritus in 2026, Greg Maffei to become Chairman.

  • Structural simplification completed, including Liberty Trip merger and GCI Liberty spin-off; Liberty Broadband Charter merger expected to accelerate next year.

  • F1 and MotoGP positioned as premier global sports IPs with strong secular tailwinds and diversified, capital-light, cash-generative profiles.

  • Quint experience business expanding globally, leveraging technology and partnerships for scalable growth.

Financial performance and guidance

  • F1 reported nearly $16 billion in future revenue under contract, a 14% CAGR since 2022, with 6% trailing 12-month revenue growth and 24.3% adjusted EBITDA margin.

  • MotoGP achieved record attendance of 3.6 million, with global fan base at 632 million and strong year-on-year growth in key markets.

  • Net leverage at F1 is 3x, MotoGP at 5.6x, with both expected to delever quickly; $1.2 billion in cash and strong liquidity position.

  • Both F1 and MotoGP exhibit high free cash flow conversion and attractive margin structures; recent MotoGP refinancing to reduce interest expense.

  • Team payments as a percent of pre-team share EBITDA continue to decline, supporting long-term growth investments.

Business development and growth initiatives

  • F1’s U.S. strategy anchored by Las Vegas Grand Prix, with new sponsors like American Express, Disney, and Lego; sell-out attendance and expanding fan demographics.

  • F1’s media rights deal with Apple and expanded partnerships with Disney, Pepsi, PwC, and Pottery Barn; new teams Cadillac, Audi, and Ford joining in 2026.

  • F1’s social media following up 8x since 2017, with 60% of fans engaging daily; diversified content and experiential venues like F1 Arcade and F1 Exhibition.

  • MotoGP brand refresh and global expansion, including new events in Brazil and Buenos Aires, and a new Harley-Davidson Baggers World Cup series in 2026.

  • MotoGP implementing new technology, sustainability initiatives, and content strategies to deepen fan engagement and broaden audience reach.

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