Formula One Group (FWONA) Goldman Sachs Communicopia + Technology Conference 2025 summary

Strategic priorities and recent developments

• Closed the acquisition of MotoGP and initiated integration, focusing on operational improvements and commercialization opportunities.

• Advanced the Liberty Live bid, with regulatory filings aiming for effectiveness by year-end, subject to SEC timing.

• Spun out GCI and progressed deals involving Charter and Cox on the Liberty Broadband side.

MotoGP growth and operational focus

• Emphasizing expansion of MotoGP's fan base and transforming it into a broader entertainment asset over the next several years.

• Prioritizing team building at MotoGP to bring in expertise for commercialization, sponsorship, and media rights.

• Enhancing hospitality and race experiences, leveraging learnings from Formula One and other Liberty-owned assets.

• Pursuing greater geographic diversification, with new races in Brazil (2025) and Buenos Aires (2027), and expanding in Southeast Asia.

Sponsorship and media rights strategy

• Targeting expansion beyond endemic sponsors by leveraging Formula One relationships and Liberty's credibility.

• Recognizing a virtuous cycle between brand development, fan base growth, and sponsor attraction.

• Media rights for MotoGP are concentrated in Spain and Italy, with plans to broaden reach and integrate digital platforms.

• MotoGP positioned as an attractive, cost-effective property for media partners, aiming to leverage its passionate fan base.