Quarterly report [Sections 13 or 15(d)]

Acquisition of MotoGP (Details)

v3.26.1
Acquisition of MotoGP (Details)
€ in Millions, $ in Millions
Jul. 03, 2025
USD ($)
Jul. 03, 2025
EUR (€)
Jun. 30, 2026
USD ($)
Dec. 31, 2025
USD ($)
Jan. 31, 2025
USD ($)
Jan. 31, 2025
EUR (€)
Acquisition of MotoGP            
Goodwill     $ 6,877 $ 7,025    
MotoGP            
Acquisition of MotoGP            
Minority interest ownership percentage 16.00%          
MotoGP            
Acquisition of MotoGP            
Interest acquired (as a percent) 84.00%          
Consideration for acquisition $ 3,659 € 3,122        
Goodwill 3,006          
Deferred revenue 106          
Other liabilities 107          
Prepaid purchase consideration         $ 131 € 126
cash consideration paid 3,511 € 2,996        
Prepaid consideration 148          
Prepaid consideration translation adjustment 17          
Acquired goodwill expected to be deductible $ 0          
Percentage of non controlling interest acquired following third anniversary of closing date 33.00%          
Percentage of non controlling interest acquired following fifth anniversary of closing date 67.00%          
MotoGP | Adjustment            
Acquisition of MotoGP            
Goodwill     (55)      
Deferred revenue     (54)      
Other liabilities     $ (1)      
MotoGP | Maximum            
Acquisition of MotoGP            
Percentage of consideration payable on shares upon exercise of put or call right 50.00%          
MotoGP | FIM            
Acquisition of MotoGP            
Acquired intangible assets $ 1,653          
Estimated useful life 36 years 36 years        
MotoGP | Customer relationship assets            
Acquisition of MotoGP            
Acquired intangible assets $ 1,130          
Estimated useful life 19 years 19 years        
MotoGP | Incremental Term Loans            
Acquisition of MotoGP            
Principal amount $ 1,000