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Sequoia Fund - Liberty Media: Formula One Is An Impossible-To-Replicate Global Sports League [Seeking Alpha]

Liberty Media Corporation - Series A Liberty SiriusXM (LSXMA) 
Last liberty media corporation - series a liberty siriusxm earnings: 11/8 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: ir.libertymedia.com/stockquote.cfm
Company Research Source: Seeking Alpha
Our long-term return in Liberty Media will be determined to a significant extent by the health of Formula One, as both a sport and a spectacle. We remain excited about Formula One's prospects - it is an impossible-to-replicate global sports league that has the potential to be a much bigger business in the years to come. The following segment was excerpted from this fund letter. Formula One Group ( NASDAQ: FWONA Shares in Liberty Media, the holding company through which we own the Formula One motorsport league, returned 9.3% last year, trailing the Index. Financial results were very good. We expect revenues to be up over 25% and cash earnings per share to grow in the high teens. Ultimately, our long-term return in Liberty Media will be determined to a significant extent by the health of Formula One, as both a sport and a spectacle. The big development for Formula One in 2023 was the hosting of the new Las Vegas Grand Prix. For every other race on the circuit, Formula One rec Show less Read more
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