| Schedule of performance measures |
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Three months ended March 31, 2025 |
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ÌýÌýÌýÌý |
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​ |
ÌýÌýÌýÌý |
Corporate and |
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​ |
ÌýÌýÌýÌý |
​ |
ÌýÌýÌýÌý |
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​ |
Formula One |
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Other |
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Eliminations |
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Total |
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|
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amountsÌýinÌýmillions |
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Revenue: |
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Primary revenue |
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$ |
319 |
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— |
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— |
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319 |
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Other revenue |
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84 |
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53 |
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(9) |
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128 |
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Total revenue |
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403 |
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53 |
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(9) |
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447 |
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Operating expenses: |
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Ìý |
​ |
​ |
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Ìý |
​ |
Ìý |
Team payments, excluding Concorde incentive payments |
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(114) |
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— |
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— |
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(114) |
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Other cost of revenue |
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(128) |
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(39) |
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6 |
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(161) |
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Other operating expenses |
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— |
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(4) |
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3 |
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(1) |
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Total operating expenses |
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(242) |
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(43) |
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9 |
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(276) |
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Selling, general and administrative, excluding stock-based compensation |
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(76) |
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(26) |
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— |
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(102) |
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Adjusted OIBDA |
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$ |
85 |
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(16) |
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— |
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69 |
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Three months ended March 31, 2024 |
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​ |
ÌýÌýÌýÌý |
​ |
​ |
ÌýÌýÌýÌý |
Corporate and |
​ |
​ |
ÌýÌýÌýÌý |
​ |
ÌýÌýÌýÌý |
​ |
​ |
Formula One |
​ |
Other |
​ |
Eliminations |
​ |
Total |
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|
​ |
​ |
amountsÌýinÌýmillions |
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Revenue: |
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​ |
​ |
​ |
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Primary revenue |
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$ |
463 |
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— |
​ |
— |
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463 |
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Other revenue |
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90 |
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44 |
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(10) |
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124 |
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Total revenue |
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553 |
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44 |
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(10) |
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587 |
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Operating expenses: |
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​ |
​ |
Ìý |
​ |
​ |
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Ìý |
​ |
Ìý |
Team payments |
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(163) |
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— |
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— |
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(163) |
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Other cost of revenue |
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(123) |
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(26) |
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7 |
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(142) |
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Other operating expenses |
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— |
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(4) |
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3 |
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(1) |
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Total operating expenses |
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(286) |
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(30) |
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10 |
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(306) |
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Selling, general and administrative, excluding stock-based compensation |
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(59) |
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(21) |
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— |
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(80) |
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Adjusted OIBDA |
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$ |
208 |
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(7) |
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— |
​ |
201 |
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