Formula One Group (FWONK) Q2 2026 Earnings Call Transcript

Formula One Group (FWONK) Q2 2026 Earnings Call August 6, 2026 10:00 AM EDT Company Participants Hooper Stevens - Senior Vice President of Investor Relations Derek Chang - President, CEO & Director Brian Wendling - Chief Accounting Officer & Principal Financial Officer Stefano Domenicali - President & CEO Carlos Ezpeleta - Chief Sporting Officer Conference Call Participants Kutgun Maral - Evercore ISI Institutional Equities, Research Division Stephen Laszczyk - Goldman Sachs Group, Inc., Research Division Matthew Condon - Citizens JMP Securities, LLC, Research Division David Joyce - Seaport Research Partners Brent Navon - BofA Securities, Research Division Ian Moore - Bernstein Institutional Services LLC, Research Division Hooper Stevens Senior Vice President of Investor Relations Thank you for joining us this morning. This call 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 Forms 10-K and 10-Q filed 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 to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Liberty Media's expectations with regard thereto or 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 OIBDA, constant currency for MotoGP, the required definitions and reconciliations for Liberty Media Schedule 1 and MotoGP Schedule 2 can be