Liberty Media Corporation is asking stockholders to vote at its virtual annual meeting on May 11, 2026 on the election of three Class I directors, ratification of KPMG LLP as independent auditors, a proposal to convert the company from a Delaware to a Nevada corporation, and an adjournment proposal.
Holders of Series A (FWONA) and Series B (FWONB) common stock as of 5:00 p.m., New York City time, on March 23, 2026 may vote; FWONA carries one vote per share and FWONB carries ten votes per share. Series C (FWONK) shares are not entitled to vote except as required by Delaware law. Voting is available online, by phone, or by mail, and virtual attendance at the meeting constitutes presence for quorum and voting purposes.
Liberty Media Corp executive reports tax-related share disposition
Brian J. Wendling, CAO/PFO of Liberty Media Corp, reported a tax-withholding disposition of 4,002 shares of Series C Liberty Formula One Common Stock on a Form 4. The shares were valued at $85.48 each for this transaction.
After the disposition, Wendling directly held 14,046 shares of the same stock class, according to the filing. The transaction was coded as satisfying tax liability by delivering securities, rather than an open-market sale.
Liberty Media Corp Chief Legal/Admin Officer Renee L. Wilm disposed of 7,791 shares of Series C Liberty Formula One common stock at $85.48 per share to satisfy tax withholding obligations. After this tax-withholding disposition, she directly owns 27,187 shares.
Liberty Media Corporation has scheduled its 2026 virtual Annual Meeting of Stockholders for Monday, May 11, 2026 at 11:45 a.m. Mountain Time. Stockholders of record as of 5:00 p.m. New York City time on March 23, 2026 will be entitled to participate and vote online.
Shareholders can access the meeting at www.virtualshareholdermeeting.com/LMC2026 using the 16-digit control number from their proxy materials, and a webcast (with later archive) will also be available through Liberty Media’s investor relations calendar.
Liberty Media Corporation reported a leadership transition involving its top legal executive. On March 5, 2026, the company announced that Renee L. Wilm will move from her current role as Chief Legal Officer and Chief Administrative Officer of Liberty Media, Liberty Live Holdings, Inc. and Liberty Broadband Corporation to become a Senior Advisor to these companies later this year.
In the new Senior Advisor position, Ms. Wilm will continue to provide strategic guidance and counsel to the leadership teams and support key initiatives across the organizations. She will also remain Chief Legal Officer of GCI Liberty, Inc., helping preserve continuity in legal oversight while her responsibilities shift.
Liberty Media Corporation reported strong 2025 results driven by Formula 1 and MotoGP. Consolidated revenue reached $4.48 billion, up from $3.65 billion, with operating income nearly doubling to $577 million. Net earnings attributable to Liberty stockholders were $555 million, compared with a large loss in 2024.
Formula 1 delivered a record season, with 2025 revenue of $3.9 billion (up 14%), operating income of $632 million (up 28%) and Adjusted OIBDA of $946 million (up 20%). MotoGP, on a pro forma basis, generated 2025 revenue of $573 million (up 14%), operating income of $54 million (up 86%) and Adjusted OIBDA of $201 million (up 15%).
Operating cash flow improved to $908 million, while cash and cash equivalents declined to $1.06 billion at year-end as the company completed the MotoGP acquisition and the Liberty Live split-off. Total debt (GAAP) was $5.10 billion, with consolidated leverage at 3.6x. The company had $1.1 billion of remaining share repurchase authorization and reported record fan attendance and viewership for both F1 and MotoGP.
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.
Liberty Media Corporation filed an 8-K to inform investors that President and CEO Derek Chang will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 3 at 1:50 p.m. Pacific Time. During the presentation, he may discuss the company’s financial performance, outlook, and other forward-looking matters. The presentation will be webcast live, with registration and an archived replay available via Liberty Media’s investor relations website.
Liberty Media Corp reported that CAO/PFO Brian J. Wendling acquired 9,127 shares of Series C Liberty Formula One Common Stock through a grant valued at $0.00 per share. These shares are being issued after performance-based restricted stock units vested, bringing his direct holdings to 18,048 shares.
Liberty Media Corp Chief Legal/Admin Officer Renee L. Wilm acquired 17,808 shares of Series C Liberty Formula One Common Stock through a grant tied to performance-based restricted stock units.
The shares, reported at $0.00 per share, increased her direct holdings to 34,978 shares after certification of performance criteria on February 4, 2026.