Exhibit 99.1

Unaudited Attributed Financial Information for Tracking Stock Groups

The following tables present Liberty Media Corporation’s (“Liberty”) assets and liabilities as of December 31, 2020 and December 31, 2019 and revenue, expenses and cash flows for the years ended December 31, 2020, 2019, and 2018. The tables further present our assets, liabilities, revenue, expenses and cash flows that are attributed to the Liberty SiriusXM Group, Braves Group and the Formula One Group, respectively. The financial information should be read in conjunction with our consolidated financial statements for the year ended December 31, 2020 included in this Annual Report on Form 10-K.

Notwithstanding the following attribution of assets, liabilities, revenue, expenses and cash flows to the Liberty SiriusXM Group, Braves Group and the Formula One Group, our tracking stock capital structure does not affect the ownership or the respective legal title to our assets or responsibility for our liabilities. We and our subsidiaries are each responsible for our respective liabilities. Holders of Liberty SiriusXM common stock, Liberty Braves common stock and Liberty Formula One common stock are holders of our common stock and are subject to risks associated with an investment in our company and all of our businesses, assets and liabilities. The issuance of Liberty SiriusXM common stock, Liberty Braves common stock and Liberty Formula One common stock does not affect the rights of our creditors.

1

SUMMARY ATTRIBUTED FINANCIAL DATA

Liberty SiriusXM Group

Summary Balance Sheet Data:

December 31,

December 31,

2020

2019

amounts in millions

Cash and cash equivalents

$

996

493

Investments in affiliates, accounted for using the equity method

$

886

644

Intangible assets not subject to amortization

$

24,924

25,665

Intangible assets subject to amortization, net

$

1,471

1,603

Total assets

$

32,081

31,421

Deferred revenue

$

1,721

1,930

Long-term debt, including current portion

$

13,000

9,245

Deferred tax liabilities

$

2,116

1,890

Attributed net assets

$

8,250

10,678

Noncontrolling interest

$

4,505

5,628

Summary Statement of Operations Data:

Years ended December 31,

2020

2019

2018

amounts in millions

Revenue

$

8,040

7,794

5,771

Cost of subscriber services (1)

$

(3,579)

(3,427)

(2,308)

Subscriber acquisition costs

$

(362)

(427)

(470)

Other operating expenses (1)

$

(264)

(280)

(123)

Selling, general and administrative expense (1)

$

(1,509)

(1,495)

(878)

Impairment of intangible assets

$

(976)

Operating income (loss)

$

749

1,544

1,620

Interest expense

$

(462)

(435)

(388)

Share of earnings (losses) of affiliates, net

$

(484)

(24)

(11)

Income tax (expense) benefit

$

(106)

(271)

(241)

Net earnings (loss) attributable to noncontrolling interests

$

28

241

328

Earnings (loss) attributable to Liberty stockholders

$

(747)

494

676

(1)Includes stock-based compensation expense as follows:

Years ended December 31,

2020

2019

2018

amounts in millions

Cost of subscriber services

$

44

43

37

Other operating expenses

43

49

17

Selling, general and administrative expense

147

154

102

$

234

246

156

2

Braves Group

Summary Balance Sheet Data:

December 31,

December 31,

2020

2019

amounts in millions

Cash and cash equivalents

$

151

142

Property and equipment, net

$

799

795

Investments in affiliates, accounted for using the equity method

$

94

99

Intangible assets not subject to amortization

$

323

323

Intangible assets subject to amortization, net

$

24

34

Total assets

$

1,571

1,593

Deferred revenue

$

90

70

Long-term debt, including current portion

$

670

554

Deferred tax liabilities

$

52

61

Attributed net assets

$

291

378

Summary Statement of Operations Data:

Years ended December 31,

2020

2019

2018

amounts in millions

Revenue

$

178

476

442

Selling, general and administrative expense (1)

$

(67)

(100)

(97)

Operating income (loss)

$

(128)

(39)

1

Share of earnings (losses) of affiliates, net

$

6

18

12

Income tax (expense) benefit

$

38

15

15

Earnings (loss) attributable to Liberty stockholders

$

(78)

(77)

5

(1)Includes stock-based compensation of $6 million, $17 million, and $11 million for the years ended December 31, 2020, 2019 and 2018, respectively.

3

Formula One Group

Summary Balance Sheet Data:

December 31,

December 31,

2020

2019

amounts in millions

Cash and cash equivalents

$

1,684

587

Investments in affiliates, accounted for using the equity method

$

38

882

Intangible assets not subject to amortization

$

3,956

3,956

Intangible assets subject to amortization, net

$

3,883

4,303

Total assets

$

11,191

11,505

Long-term debt, including current portion

$

3,759

5,677

Attributed net assets

$

6,550

5,239

Summary Statement of Operations Data:

Years ended December 31,

2020

2019

2018

amounts in millions

Revenue

$

1,145

2,022

1,827

Cost of Formula 1 revenue

$

(974)

(1,394)

(1,273)

Selling, general and administrative expense (1)

$

(174)

(210)

(204)

Operating income (loss)

$

(444)

(35)

(110)

Interest expense

$

(146)

(195)

(192)

Share of earnings (losses) of affiliates, net

$

(108)

12

17

Realized and unrealized gains (losses) on financial instruments, net

$

129

(270)

43

Income tax (expense) benefit

$

112

90

50

Earnings (loss) attributable to Liberty stockholders

$

(596)

(311)

(150)

(1)Includes stock-based compensation of $21 million, $28 million, and $25 million for the years ended December 31, 2020, 2019, and 2018, respectively.

4

BALANCE SHEET INFORMATION

December 31, 2020

(unaudited)

Attributed (note 1)

Liberty

SiriusXM

Braves

Formula One

Inter-Group

Consolidated

    

Group

Group

Group

Eliminations

Liberty

    

amounts in millions

Assets

Current assets:

Cash and cash equivalents

$

996

151

1,684

2,831

 

Trade and other receivables, net

 

672

30

121

823

 

Other current assets

 

225

63

459

(371)

376

 

Total current assets

 

1,893

244

2,264

(371)

4,030

 

Intergroup interests (note 1)

257

169

(426)

Investments in affiliates, accounted for using the equity method (note 1)

 

886

94

38

1,018

 

Property and equipment, at cost

 

2,842

977

198

4,017

 

Accumulated depreciation

 

(1,526)

(178)

(74)

(1,778)

 

 

1,316

799

124

2,239

 

Intangible assets not subject to amortization

Goodwill

 

15,082

180

3,956

19,218

 

FCC licenses

 

8,600

8,600

 

Other

 

1,242

143

1,385

 

 

24,924

323

3,956

29,203

 

Intangible assets subject to amortization, net

 

1,471

24

3,883

5,378

 

Other assets

 

1,334

87

757

(42)

2,136

 

Total assets

$

32,081

1,571

11,191

(839)

44,004

 

Liabilities and Equity

Current liabilities:

Intergroup payable (receivable) (note 4)

$

(22)

(35)

57

Accounts payable and accrued liabilities

1,380

 

53

150

1,583

Current portion of debt (note 1)

 

475

 

59

209

743

Deferred revenue

 

1,721

 

90

259

2,070

Other current liabilities

 

442

 

6

17

(371)

94

Total current liabilities

 

3,996

 

173

692

(371)

4,490

Long-term debt (note 1)

 

12,525

 

611

3,550

16,686

Deferred income tax liabilities (note 3)

 

2,116

 

52

(42)

2,126

Redeemable intergroup interests (note 1)

226

200

(426)

Other liabilities

 

689

 

218

194

1,101

Total liabilities

 

19,326

 

1,280

4,636

(839)

24,403

Equity / Attributed net assets

 

8,250

 

291

6,550

15,091

Noncontrolling interests in equity of subsidiaries

 

4,505

 

5

4,510

Total liabilities and equity

$

32,081

 

1,571

11,191

(839)

44,004

5

BALANCE SHEET INFORMATION

December 31, 2019

(unaudited)

Attributed (note 1)

Liberty

SiriusXM

Braves

Formula One

Inter-Group

Consolidated

    

Group

Group

Group

Eliminations

Liberty

    

amounts in millions

Assets

Current assets:

Cash and cash equivalents

$

493

142

587

1,222

 

Trade and other receivables, net

 

670

28

69

767

 

Other current assets

 

227

97

92

416

 

Total current assets

 

1,390

267

748

2,405

 

Intergroup interests (note 1)

 

292

(292)

 

Investments in affiliates, accounted for using the equity method (note 1)

644

99

882

1,625

 

 

Property and equipment, at cost

 

2,686

923

171

3,780

 

Accumulated depreciation

 

(1,331)

(128)

(59)

(1,518)

 

1,355

795

112

2,262

Intangible assets not subject to amortization

 

 

Goodwill

 

15,803

180

3,956

19,939

 

FCC licenses

 

8,600

8,600

 

Other

 

1,262

143

1,405

 

 

25,665

323

3,956

29,944

 

Intangible assets subject to amortization, net

 

1,603

34

4,303

5,940

 

Other assets

764

75

1,212

(38)

2,013

 

Total assets

$

31,421

1,593

11,505

(330)

44,189

Liabilities and Equity

Current liabilities:

Intergroup payable (receivable) (note 4)

$

(23)

(9)

32

Accounts payable and accrued liabilities

 

1,294

 

63

264

1,621

Current portion of debt (note 1)

 

1

 

59

60

Deferred revenue

 

1,930

 

70

113

2,113

Other current liabilities

 

72

 

5

17

94

Total current liabilities

 

3,274

 

188

426

3,888

Long-term debt (note 1)

 

9,244

 

495

5,677

15,416

Deferred income tax liabilities (note 3)

 

1,890

 

61

(38)

1,913

Redeemable intergroup interests (note 1)

 

24

268

(292)

Other liabilities

 

683

 

203

161

1,047

Total liabilities

 

15,115

 

1,215

6,264

(330)

22,264

Equity / Attributed net assets

10,678

 

378

5,239

16,295

Noncontrolling interests in equity of subsidiaries

5,628

 

2

5,630

Total liabilities and equity

$

31,421

 

1,593

11,505

(330)

44,189

6

STATEMENT OF OPERATIONS INFORMATION

December 31, 2020

(unaudited)

Attributed (note 1)

Liberty

SiriusXM

Braves

Formula One

Consolidated

Group

Group

Group

Liberty

amounts in millions

Revenue:

Sirius XM Holdings revenue

$

8,040

 

8,040

Formula 1 revenue

1,145

1,145

Other revenue

 

 

178

178

Total revenue

 

8,040

 

178

1,145

9,363

Operating costs and expenses, including stock-based compensation (note 2):

Cost of services (exclusive of depreciation shown separately below):

Revenue share and royalties

 

2,421

 

2,421

Programming and content

 

481

 

481

Customer service and billing

 

481

 

481

Other

 

196

 

196

Cost of Formula 1 revenue

 

974

974

Subscriber acquisition costs

 

362

 

362

Other operating expenses

 

264

 

170

434

Selling, general and administrative

 

1,509

 

67

174

1,750

Impairment of intangible assets

976

976

Acquisition and restructuring

28

 

28

Depreciation and amortization

 

573

 

69

441

1,083

 

7,291

 

306

1,589

9,186

Operating income (loss)

 

749

 

(128)

(444)

177

Other income (expense):

Interest expense

 

(462)

 

(26)

(146)

(634)

Intergroup interest income (expense)

(7)

 

7

Share of earnings (losses) of affiliates, net

 

(484)

 

6

(108)

(586)

Unrealized gain/(loss) on inter-group interests

125

42

(167)

Realized and unrealized gains (losses) on financial instruments, net

 

(521)

 

(10)

129

(402)

Other, net

 

(13)

 

23

10

 

(1,362)

 

12

(262)

(1,612)

Earnings (loss) before income taxes

 

(613)

 

(116)

(706)

(1,435)

Income tax (expense) benefit (note 3)

 

(106)

 

38

112

44

Net earnings (loss)

 

(719)

 

(78)

(594)

(1,391)

Less net earnings (loss) attributable to the noncontrolling interests

 

28

 

2

30

Net earnings (loss) attributable to Liberty stockholders

$

(747)

 

(78)

(596)

(1,421)

7

STATEMENT OF OPERATIONS INFORMATION

December 31, 2019

(unaudited)

Attributed (note 1)

Liberty

SiriusXM

Braves

Formula One

Consolidated

Group

Group

Group

Liberty

amounts in millions

Revenue:

Sirius XM Holdings revenue

$

7,794

 

7,794

Formula 1 revenue

2,022

2,022

Other revenue

 

 

476

476

Total revenue

 

7,794

 

476

2,022

10,292

Operating costs and expenses, including stock-based compensation (note 2):

Cost of services (exclusive of depreciation shown separately below):

Revenue share and royalties

 

2,291

 

2,291

Programming and content

 

462

 

462

Customer service and billing

 

475

 

475

Other

 

199

 

199

Cost of Formula 1 revenue

 

1,394

1,394

Subscriber acquisition costs

 

427

 

427

Other operating expenses

 

280

 

344

624

Selling, general and administrative

 

1,495

 

100

210

1,805

Acquisition and restructuring

84

 

84

Depreciation and amortization

 

537

 

71

453

1,061

 

6,250

 

515

2,057

8,822

Operating income (loss)

 

1,544

 

(39)

(35)

1,470

Other income (expense):

Interest expense

 

(435)

 

(27)

(195)

(657)

Share of earnings (losses) of affiliates, net

 

(24)

 

18

12

6

Unrealized gain/(loss) on inter-group interests

(42)

42

Realized and unrealized gains (losses) on financial instruments, net

 

(41)

 

(4)

(270)

(315)

Other, net

 

(38)

 

2

45

9

 

(538)

 

(53)

(366)

(957)

Earnings (loss) before income taxes

 

1,006

 

(92)

(401)

513

Income tax (expense) benefit (note 3)

 

(271)

 

15

90

(166)

Net earnings (loss)

 

735

 

(77)

(311)

347

Less net earnings (loss) attributable to the noncontrolling interests

 

241

 

241

Net earnings (loss) attributable to Liberty stockholders

$

494

 

(77)

(311)

106

8

STATEMENT OF OPERATIONS INFORMATION

December 31, 2018

(unaudited)

Attributed (note 1)

Liberty

SiriusXM

Braves

Formula One

Consolidated

Group

Group

Group

Liberty

amounts in millions

Revenue:

Sirius XM Holdings revenue

$

5,771

 

5,771

Formula 1 revenue

1,827

1,827

Other revenue

 

 

442

442

Total revenue

 

5,771

 

442

1,827

8,040

Operating costs and expenses, including stock-based compensation (note 2):

Cost of services (exclusive of depreciation shown separately below):

Revenue share and royalties

 

1,394

 

1,394

Programming and content

 

406

 

406

Customer service and billing

 

382

 

382

Other

 

126

 

126

Cost of Formula 1 revenue

 

1,273

1,273

Subscriber acquisition costs

 

470

 

470

Other operating expenses

 

123

 

268

391

Selling, general and administrative

 

878

 

97

204

1,179

Acquisition and restructuring

3

3

Depreciation and amortization

 

369

 

76

460

905

 

4,151

 

441

1,937

6,529

Operating income (loss)

 

1,620

 

1

(110)

1,511

Other income (expense):

Interest expense

 

(388)

 

(26)

(192)

(606)

Share of earnings (losses) of affiliates, net

 

(11)

 

12

17

18

Unrealized gain/(loss) on inter-group interests

(24)

24

Realized and unrealized gains (losses) on financial instruments, net

 

(1)

 

(2)

43

40

Other, net

 

25