Annual report [Section 13 and 15(d), not S-K Item 405]

Goodwill and Intangible Assets (Tables)

v3.25.4
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Other Intangible Assets  
Goodwill

Formula 1

MotoGP

  ​ ​ ​

Other

  ​ ​ ​

Total

 

amounts in millions

Balance at January 1, 2024

$

3,956

NA

3,956

Acquisition of QuintEvents

NA

252

252

Impairments

NA

(73)

(73)

Other

NA

(1)

(1)

Balance at December 31, 2024

$

3,956

NA

178

4,134

Acquisition of MotoGP

3,061

3,061

Liberty Live Split-Off

(179)

(179)

Other

8

1

9

Balance at December 31, 2025

$

3,956

3,069

7,025

Schedule of intangible assets subject to amortization

December 31, 2025

December 31, 2024

 

  ​ ​ ​

Gross

  ​ ​ ​

  ​ ​ ​

Net

  ​ ​ ​

Gross

  ​ ​ ​

  ​ ​ ​

Net

 

carrying

Accumulated

carrying

carrying

Accumulated

carrying

 

Useful life

amount

amortization

amount

amount

amortization

amount

 

years

amounts in millions

 

FIA Agreement

35

$

3,630

(1,632)

1,998

3,630

(1,473)

2,157

FIM Agreement

36

1,657

(23)

1,634

Customer relationships

5 - 36

2,988

(1,549)

1,439

 

1,854

 

(1,441)

 

413

Other

various

 

264

(233)

31

 

381

 

(262)

 

119

Total

$

8,539

 

(3,437)

 

5,102

 

5,865

 

(3,176)

 

2,689

Schedule of future amortization expense

2026

  ​ ​ ​

$

363

2027

$

354

2028

$

337

2029

$

321

2030

$

270