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LUCERNE, Switzerland, June 27, 2025 (GLOBE NEWSWIRE) -- Allwyn, the multi-national lottery-led entertainment company, and Formula 1 have today announced the launch of the F1® Allwyn Global Community Award. For the first time ever, community-focused initiatives across the world of Formula 1 will be spotlighted and celebrated on a global stage to showcase their positive impact on society. As well as global recognition, winning initiatives will each receive a €100,000 donation from Allwyn to further transform communities around the world.
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United States Senator John Hickenlooper has filed a series of highly unusual stock trades involving Liberty Media Formula One (NASDAQ: FWONK) and Liberty Broadband (NASDAQ: LBRDK).
F1's revenue growth is driven by rising media rights value, expanding sponsorships, and increasing global popularity, positioning Liberty Media for continued upside. Upcoming media rights negotiations and new U.S. interest from Cadillac and additional circuits are set to further boost viewership and revenue. Sponsorship revenue remains robust with high partner retention and room for further expansion, especially through special event partnerships and regional deals.
The U.S.-owned Haas Formula One team said they were carrying on as normal despite owner Gene Haas's machine tools business reporting a 'dramatic decrease in demand' as a result of President Donald Trump's trade tariffs.
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Fourth Quarter Earnings Release and Conference Call.
Greg Maffei, Liberty Media president and CEO, joins 'Squawk on the Street' to discuss the playbook for MotoGP, the price Liberty Media paid for the racing company, and if this is transaction will be accretive to shareholders.