US Market News
3週前
Liberty Media Corporation Announces Closing of Repricing of MotoGP™ Debt FacilitiesJune 17, 2026 5:00 PM
Business WireLiberty Media Corporation (“Liberty”) (Nasdaq: FWONA, FWONK) announced today that MotoGP Sports Entertainment Group, S.L. (“MotoGP”) closed the repricing of its first lien Term Loan B, first lien Term Loan A and first lien revolving credit facility on June 17, 2026. MotoGP is a subsidiary of Liberty and is the exclusive commercial rights holder of the FIM MotoGP™ World Championship.MotoGP repriced the previous €800 million Term Loan B with a maturity of August 18, 2032 with a new €720 million Term Loan B due August 18, 2032, the previous $231 million Term Loan A with a maturity of August 18, 2030 with a new $209 million Term Loan A with a maturity of August 18, 2030 and the previous €100 million multicurrency revolving credit facility with a maturity of August 18, 2030 with a new €100 million multicurrency revolving credit facility due August 18, 2030. The net reduction of approximately $114 million equivalent under the debt facilities was funded with cash from MotoGP’s balance sheet.Based on MotoGP’s balance sheet as of March 31, 2026 and assuming exchange rates as of that date, pro forma for the repricing transactions, MotoGP has approximately $72 million of cash and liquid investments and principal amount of debt of $1,037 million. MotoGP’s net senior secured leverage ratio as of March 31, 2026 as defined in its credit facility and pro forma for the repricing transaction is 4.6x.The current margin for the Term Loan B has been reduced from 2.50% to 2.25% (with a new range of 2.00% to 2.25% based on MotoGP’s consolidated net senior secured leverage ratio; the prior range was 2.25% to 2.75%) with a reference rate of EURIBOR. The current margin for the Term Loan A is unchanged at 1.50% (with a new range of 1.25% to 1.50% based on MotoGP’s consolidated net senior secured leverage ratio; the prior range was 1.50% to 2.00%) with a reference rate of Term SOFR. The current margin for the revolving credit facility is unchanged at 2.00% (with a new range of 1.50% to 2.00% based on MotoGP’s consolidated net senior secured leverage ratio; the prior range was 2.00 to 2.50%) with a reference rate of one of Term SOFR, SONIA or EURIBOR based on the currency of the applicable borrowing. The Term Loan B, the Term Loan A and the revolving credit facility remain non-recourse to Liberty.About Liberty Media CorporationLiberty Media Corporation (Nasdaq: FWONA, FWONK) operates and owns interests in media, sports and entertainment businesses. The portfolio of assets includes Liberty Media’s subsidiaries Formula 1, MotoGP and other minority investments.About MotoGP Sports Entertainment Group, S.L.MotoGP Sports Entertainment Group, S.L (“MotoGP”) became the sole commercial and television rights holder of the FIM MotoGP™ World Championship in 1991 and is based in Madrid, with premises in Barcelona and a subsidiary in Rome. MotoGP holds exclusive rights to MotoGP feeder series Moto2™ and Moto3™, electric series MotoE™, the FIM Superbike World Championship and the FIM Women's Circuit Racing World Championship.View source version on businesswire.com: https://www.businesswire.com/news/home/20260617724851/en/Liberty Media Corporation – Investor Contact
Hooper Stevens, +1 720-875-5406MotoGP Sports Entertainment Group, S.L. – Media Contact
Michael Gibson, michaelgibson@motogp.com Original: Liberty Media Corporation Announces Closing of Repricing of MotoGP™ Debt Facilities
US Market News
2月前
PACSUN ACCELERATES INTO MIAMI WITH OFFICIAL FORMULA 1® COLLECTIONMay 1, 2026 6:02 PM
PR Newswire (US)
The Collection Blends Motorsport Energy with Bold Color, Technical Details, and Race-Ready StyleLOS ANGELES, May 1, 2026 /PRNewswire/ -- Pacsun, the purpose-driven specialty fashion retailer rooted in youth culture, is bringing race weekend energy to Miami with its official collection created in partnership with Formula 1®. Building on the longstanding collaboration between the two brands, the all-new FORMULA 1 MIAMI GRAND PRIX 2026 Collection launches in time for the race weekend and taps into the speed, color, and spectacle surrounding one of the most high-energy moments in sport and culture.
The assortment spans men's and women's styles, including graphic tees, lightweight layers, and statement pieces. Drawing from the world of motorsport, bold graphics, dynamic striping, and technical details are balanced with relaxed, streetwear-driven silhouettes. A palette of saturated color, crisp neutrals, and high-contrast finishes reflects Miami's signature intensity, with pieces designed to move seamlessly from trackside to the rest of the weekend and everywhere in between."At Pacsun, our longstanding collaboration with Formula 1 continues to be a natural extension of our sport and fashion pillars," said Richard Cox, Chief Merchandising Officer at Pacsun. "There's a strong alignment in the way both brands show up at the intersection of performance and style, and that perspective shapes each collection. This drop reflects that balance, sport-driven in its foundation with a clear fashion point of view, resulting in product that feels current, expressive, and built to carry beyond the race moment."The 30-piece assortment is priced from $16 to $100 and marks Pacsun's fourth collection with Formula 1 for the Miami race.The new FORMULA 1 MIAMI GRAND PRIX 2026 Collection is available now exclusively in Pacsun stores and online.About Pacsun
Pacsun is a purpose-driven, leading specialty retailer offering a cross section of emerging brands and trending fashion through the lens of youth culture. Delivering the latest contemporary, streetwear, and activewear, Pacsun partners with the best brands at the intersection of fashion, music, art, and sport to offer curated collections, rare and exclusive products, and creative collaborations on every level to inspire the next generation. Founded in 1980 in Newport, CA, Pacsun is now co-created in Los Angeles. Follow @&h=2864404439&u=https%3A%2F%2Fwww.tiktok.com%2F%40pacsun%3Flang%3Den&a=TikTok" target="_blank" rel="nofollow">TikTok, Instagram, X, Facebook, and YouTube.About Formula 1®
Formula 1® racing began in 1950 and is the world's most prestigious motor racing competition, as well as the world's most popular annual sporting series. Formula One World Championship Limited is part of Formula 1® and holds the exclusive commercial rights to the FIA Formula One World Championship™. Formula 1® is a subsidiary of Liberty Media Corporation (NASDAQ: FWONA, FWONK, LLYVA, LLVYK) attributed to the Formula One Group tracking stock. The F1 logo, F1 FORMULA 1 logo, FORMULA 1, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX, PADDOCK CLUB and related marks are trademarks of Formula One Licensing BV, a Formula 1 company. All rights reserved.Press Contact:
Kate Fosha George
kgeorge@pacificsunwear.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/pacsun-accelerates-into-miami-with-official-formula-1-collection-302760512.htmlSOURCE Pacsun
Original: PACSUN ACCELERATES INTO MIAMI WITH OFFICIAL FORMULA 1® COLLECTION
US Market News
3月前
Liberty Media Corporation to Present at J.P. Morgan Global Technology, Media and Communications ConferenceApril 23, 2026 4:15 PM
Business Wire
Liberty Media Corporation (Nasdaq: FWONA, FWONK) announced that Derek Chang, President and CEO of Liberty Media Corporation, will be presenting at the J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 19th at 9:25 a.m. E.T. in Boston. During his presentation, Mr. Chang may make observations regarding the company's financial performance and outlook, as well as other forward looking matters.
The presentation will be broadcast live via the Internet. All interested persons should visit the Liberty Media Corporation website at https://www.libertymedia.com/investors/news-events/ir-calendar to register for the webcast. An archive of the webcast will also be available on this website after appropriate filings have been made with the SEC.
About Liberty Media Corporation
Liberty Media Corporation (Nasdaq: FWONA, FWONK) operates and owns interests in media, sports and entertainment businesses. The portfolio of assets includes Liberty Media’s subsidiaries Formula 1, MotoGP and other minority investments.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260423926919/en/
Liberty Media Corporation
Hooper Stevens, +1 720-875-5406
Original: Liberty Media Corporation to Present at J.P. Morgan Global Technology, Media and Communications Conference
US Market News
3月前
Liberty Media Corporation Announces First Quarter Earnings Release and Conference CallApril 20, 2026 4:15 PM
Business Wire
Liberty Media Corporation (“Liberty Media”) (Nasdaq: FWONA, FWONK) will host a conference call to discuss results for the first quarter of 2026 on Thursday, May 7th at 10:00 a.m. E.T. Before the open of market trading that day, Liberty Media will issue a press release reporting such results, which can be found at https://ir.libertymedia.com/news-events/press-releases. Following prepared remarks, the company will host a brief Q&A session during which management will accept questions regarding Liberty Media. The press release and conference call may discuss the financial performance and outlook of these companies, as well as other forward-looking matters.
To participate in the call by phone or to ask a question, please call +1 (877) 704-2829 or +1 (215) 268-9864, with a confirmation code of 13757488, at least 10 minutes prior to the call. The conference administrator will provide instructions on how to use the polling feature.
In addition, a webcast of the conference call will be hosted on Liberty Media’s investor relations website. Please visit https://www.libertymedia.com/investors/news-events/ir-calendar to register for the webcast. Links to the press release and replay of the call will also be available on the Liberty Media website. The conference call will be archived on the website after appropriate filings have been made with the SEC.
About Liberty Media Corporation
Liberty Media Corporation (Nasdaq: FWONA, FWONK) operates and owns interests in media, sports and entertainment businesses. The portfolio of assets includes Liberty Media’s subsidiaries Formula 1, MotoGP and other minority investments.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260420885285/en/
Liberty Media Corporation
Hooper Stevens, +1 720-875-5406
Source: Liberty Media Corporation
Original: Liberty Media Corporation Announces First Quarter Earnings Release and Conference Call
US Market News
4月前
Liberty Media Corporation Announces 2026 Virtual Annual Meeting of StockholdersMarch 6, 2026 8:30 AM
Business Wire
Liberty Media Corporation (“Liberty Media”) (Nasdaq: FWONA, FWONK) will be holding its virtual Annual Meeting of Stockholders on Monday, May 11, 2026 at 11:45 a.m. M.T. Stockholders of record as of the record date will be able to listen, vote and submit questions pertaining to the annual meeting by logging in at www.virtualshareholdermeeting.com/LMC2026. The record date for the meeting is 5:00 p.m., New York City time, on March 23, 2026. Stockholders will need the 16-digit control number that is printed in the box marked by the arrow on the stockholder’s proxy card or Notice of Internet Availability of Proxy Materials for the Liberty Media meeting to enter the virtual annual meeting website. A technical support number will become available at the virtual meeting link 10 minutes prior to the scheduled meeting time.
In addition, access to the meeting will be available on the Liberty Media website. All interested persons should visit https://www.libertymedia.com/investors/news-events/ir-calendar to access the webcast. An archive of the webcast will also be available on this website after appropriate filings have been made with the SEC.
About Liberty Media Corporation
Liberty Media Corporation (Nasdaq: FWONA, FWONK) operates and owns interests in media, sports and entertainment businesses. The portfolio of assets includes Liberty Media’s subsidiaries Formula 1, MotoGP and other minority investments.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260305236523/en/
Liberty Media Corporation
Hooper Stevens, +1 720-875-5406
Original: Liberty Media Corporation Announces 2026 Virtual Annual Meeting of Stockholders
US Market News
4月前
Liberty Media Corporation Announces Transition of Renee Wilm to Senior AdvisorMarch 5, 2026 5:05 PM
Business Wire
Liberty Media Corporation (“Liberty Media”) (Nasdaq: FWONA, FWONK) announced today that Renee Wilm will transition from her role as Chief Legal Officer and Chief Administrative Officer of Liberty Media, Liberty Live (Nasdaq: LLYVA, LLYVK) and Liberty Broadband (Nasdaq: LBRDA, LBRDK) to become Senior Advisor to the companies, effective later this year.
Ms. Wilm has served as Liberty’s Chief Legal Officer since 2019 and previously served the company as outside counsel for over two decades, helping guide the organization through many transformational transactions, capital restructurings and the continued evolution of Liberty’s portfolio of operating companies and investments. Ms. Wilm also spearheaded the Formula 1 Las Vegas Grand Prix serving as its President and CEO from inception through its full integration with the global F1 team in January 2025.
As Senior Advisor, Ms. Wilm will continue to provide strategic guidance and counsel to Liberty Media, Liberty Live and Liberty Broadband leadership teams while supporting key initiatives across the companies. Ms. Wilm will also continue as Chief Legal Officer with GCI Liberty, Inc. (Nasdaq: GLIBA, GLIBK).
“It has been a privilege to be part of the Liberty legacy for almost 30 years, and I am truly proud of everything we have accomplished,” said Ms. Wilm. “As we look ahead, I am excited to continue supporting this talented team in a different role.”
“Renee has been a valued partner to Liberty for decades,” said Derek Chang, President and Chief Executive Officer of Liberty Media. “We are deeply grateful for her leadership and dedication, and we look forward to continuing to benefit from her counsel in this next chapter.”
About Liberty Media Corporation
Liberty Media Corporation (Nasdaq: FWONA, FWONK) operates and owns interests in media, sports and entertainment businesses. The portfolio of assets includes Liberty Media’s subsidiaries Formula 1, MotoGP and other minority investments.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260305102287/en/
Liberty Media Corporation
Hooper Stevens, +1 720-875-5406
Original: Liberty Media Corporation Announces Transition of Renee Wilm to Senior Advisor
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