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

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​

​

​

​

​

​

​

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Formula 1

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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

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​

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​

​

​

​

​

​

​

​

December 31, 2025

​

December 31, 2024

 

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​

  ​ ​ ​

Gross

  ​ ​ ​

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  ​ ​ ​

Net

  ​ ​ ​

Gross

  ​ ​ ​

​

  ​ ​ ​

Net

 

​

​

​

carrying

​

Accumulated

​

carrying

​

carrying

​

Accumulated

​

carrying

 

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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

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Schedule of future amortization expense

​

​

​

​

​

2026

  ​ ​ ​

$

363

​

2027

​

$

354

​

2028

​

$

337

​

2029

​

$

321

​

2030

​

$

270

​