Kyle Grieve and Shawn O’Malley analyze Formula One Group, a business that commands nearly a billion global fans, generates billions in revenue from only 24 live events, and boasts free cash flow margins nearly any business would envy. They’ll trace the company’s growth history, untangle its complex capital structure, and assess its current debt situation. They’ll also cover F1’s competitive advantages, pricing power, incentives, and so much more!
IN THIS EPISODE YOU’LL LEARN:
00:00:00 - Intro
00:01:55 - How F1 generates billions of dollars from 24 live events
00:03:22 - Why most sports franchises fail to produce cash flow
00:05:16 - How Liberty got away from the tracking stock structure to simplify things
00:16:19 - How the Concorde agreements pose risk
00:21:10 - The debt structure Liberty built to help build sustainable cash flow
00:38:04 - Details of F1 Group’s other surprising racing league
00:45:34 - How Netflix’s streaming coverage of F1 helped grow the sport
01:02:02 - Why the business remains capital light
01:11:30 - How cross-promotions and synergies create exciting new growth levers
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

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 <li>Watch the video about the <a href="https://www.youtube.com/watch?v=Gms5HNkQOA4">dealmakers behind F1’s success</a>.</li>
 <li>Watch <a href="https://www.youtube.com/watch?v=1G9nE5Q279Q">how F1 impacts local communities</a> with its events.</li>
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TIP814: Formula One Group (FWONA): The Only Sports Franchise Worth Owning w/ Kyle Grieve & Shawn O'Malley

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