Exhibit 21
As of December 31, 2025
A table of subsidiaries of Liberty Media Corporation is set forth below, indicating as to each the state or jurisdiction of organization and the names under which such subsidiaries do business. Subsidiaries not included in the table are inactive or, considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary.
Entity Name | Domicile |
Allsport Management S.A. | Switzerland |
Alpha Prema UK Limited | UK |
Beta Holdings Limited | Jersey |
Delta 2 (Lux) S.a rl. | Luxemburg |
F1 Academy Limited | UK |
Delta 3 (UK) Limited | UK |
Delta Topco Limited | Jersey |
MotoGP Sports Entertainment Group, S.L. (fka Dorna Sports, S.L.) | Spain |
Dorna Italy Holdings S.R.L | Italy |
Dorna Worldwide S.L.U | Spain |
Dorna WSBK Organization S.R.L. | Italy |
Formula Motorsport Limited (fka GP2 Motorsport Limited) | UK |
Formula One Administration Limited | UK |
Formula One Asset Management Limited | UK |
Formula One Digital Media Limited | UK |
Formula One Hospitality and Event Services Limited | UK |
Formula One Licensing B.V. | Netherlands |
Formula One Management Limited | UK |
Formula One Marketing Limited | UK |
Formula One Marketing US, INC. | DE |
Formula One Marketing II Limited | UK |
Formula One Research, Engineering and Development Limited (fka Beta D3 Limited) | UK |
Formula One World Championship Limited | UK |
International Events Services S.L.U | Spain |
Las Vegas Grand Prix, Inc. | DE, NV |
Libertad Especia, S.L.U. | Spain |
Liberty GR Cayman Holding Company | Cayman Islands |
Liberty GR Holding Company Limited | Cayman Islands |
Liberty GR US Sub 1 Corp. | DE |
Liberty HK, Inc. | DE |
Liberty Programming Company LLC | DE |
Liberty Property Holdings, Inc. | DE |
Liberty Property Holdings Lot 7A-1, LLC | DE |
Liberty Property Holdings Lot 7A-2, LLC | DE |
Liberty Property Holdings Lot 7A-3, LLC | DE |
Liberty Property Holdings Common Management, LLC | DE |
Liberty Satellite Radio, Inc. | DE |
LSAT Astro LLC | DE |
LSR Foreign Holdings 2, LLC | DE |
LSR Foreign Holdings, LLC | DE |
LV Diamond Production, LLC | DE |
LV Diamond Property I, LLC | DE, NV |
SLEC Holdings Limited | Jersey |
Sucursal EN Espana | Spain |
TSAT Holding 2, Inc. | DE |