Here are the 10-K annual reports from Liberty Media Corporation Series A (FWONA) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow FWONA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FWONA filings page.
Liberty Media Corporation files its 2025 annual report, explaining that after a series of tax-efficient split‑offs it is now focused on motorsport and live entertainment through its Formula 1 and newly acquired MotoGP businesses. The Atlanta Braves, Liberty SiriusXM and Liberty Live groups have been separated into standalone public companies, with related interests generally shown as discontinued operations.
The filing details Formula 1’s long‑term commercial structure, including exclusive FIA commercial rights to the world championship through 2110 and a new 2026 Concorde Agreement that secures team participation and prize payments through the 2030 season. It also outlines MotoGP’s similar model under exclusive FIM rights to 2060, with multi‑year contracts for media, race promotion and sponsorship.
Liberty highlights strategic and tax risks tied to the recent split‑offs, dependence on the continued popularity of Formula 1 and MotoGP, potential termination of key long‑term rights agreements, cybersecurity threats, macroeconomic pressures on discretionary spending and the need to manage approximately $499 million of parent‑level debt.