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Explained in plain English

Who owns Formula One?

Formula One is owned by Liberty Media, a US-based mass media company. Their financial results, specifically their second quarter 2026 earnings, were mentioned in the story as the context for CEO Stefano Domenicali's announcement about increasing sprint races. Liberty Media acquired F1 in 2017.

Stories that explain this

Formula One to hold more sprint races from 2027 season

Related explainers

Why add more sprint races? How does F1 plan its calendar? What is a sprint race? Who runs Formula One? Who calls one? Why change a winning formula? What was the first one solved? What is Formula 1?

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