Formula One Group (0JUJ) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and welcome to Liberty Media Corporation's 2025 year-end earnings call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer session. At that time, if you have a question, please press star 1 on your telephone. As a reminder, this conference will be recorded February 26th. I would now like to turn the call over to Hooper Stevens, Senior Vice President, Investor Relations. Please go ahead. Thank you, Kevin. Thanks everyone for joining us today on Liberty Media's fourth quarter and year-end 2025 earnings call. This call today includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual events or results could differ materially due to a number of risks and uncertainties, including those mentioned in the most recent Form 10-K followed by Liberty Media with the SEC. These forward-looking statements speak only as of the date of this call, and Liberty Media expressly disclaims any obligation or undertaking or revisions to any forward-looking statement contained herein to reflect any change in our expectations with regard thereto for any change in events, conditions, or circumstances on which any such statement is based. On today's call, we will discuss certain non-GAAP financial measures for Liberty Media, including adjusted concept currency for MotoGP, The required definitions and reconciliations for Liberty Media can be found on Schedule 1 and MotoGP for Schedule 2 at the end of the earnings press release issued today, which is available on Liberty Media's IR website. Speaking on today's call, we have Liberty Media's President and CEO, Derek Chang, Liberty's Chief Accounting and Principal Financial Officer, Brian Wendling, Formula ...