Formula One Group (Liberty tracking group / post-split Liberty Media focus)

Stories

Formula 1 returns to Africa with 10-year deal to race in Rwanda

Signed a 10-year agreement with Rwanda

Formula One will race in Africa again, for the first time since Kyalami in 1993. On October 13, the sport signed a 10-year deal with Rwanda. The African Grand Prix will run at a circuit still to be built in Bugesera, about 40 kilometers south of Kigali, from the early 2030s.

Updated Oct 17

Liberty’s “two-company” bet: Live Nation stake breaks free as Formula One keeps the wheel

Money Moves

As of May 2026: Retains Formula 1 and MotoGP; gains arena/digital-sports/gaming interests via reattribution

This is a corporate divorce where the prenup matters. Liberty Media is separating its Live Nation-heavy Liberty Live Group into a stand-alone public company, Liberty Live Holdings—after first swapping $421.7 million of assets to draw a clean line between "live entertainment" and "motorsports".

Updated May 15