FWONA - Formula One Group reports Q3 results

• Formula One Group press release ( NASDAQ: FWONA ): Q3 Adjusted OIBDA of $170M.
• Revenue of $715M (+7.0% Y/Y) misses by $31.17M .
• “Formula 1 is delivering in 2022 across all areas including financial results, engagement with fans and action on the track. We look forward to a strong finish to the season with drivers and teams battling on the track,” said Stefano Domenicali, Formula 1 President and CEO.
• “We were excited to announce our record-setting 24 race calendar for 2023 which includes the much-anticipated Las Vegas Grand Prix. We also announced significant multi-year broadcast renewals to extend our relationships at attractive rates with ESPN in the US and in 3 key European markets with Sky.”

For further details see: