Liberty Media Corporation Completes Refinancing of MotoGP™ Debt Facilities
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 18 2025
0mins
Should l Buy FWONA?
Source: Newsfilter
Refinancing Announcement: Liberty Media Corporation's subsidiary, Dorna Sports (MotoGP), successfully refinanced its debt facilities, extending the maturity of various loans to 2025 and beyond.
Debt Reduction Details: MotoGP reduced its Term Loan B from €975 million to €800 million, while increasing its Term Loan A from €150 million to $232.5 million, resulting in a net reduction of €125 million funded by cash reserves.
Interest Rate Adjustments: The margins for MotoGP's Term Loan B, Term Loan A, and revolving credit facility have been lowered, improving financial terms based on MotoGP's leverage ratio.
Company Overview: Liberty Media Corporation owns interests in media, sports, and entertainment, with MotoGP being a key asset under its Formula One Group tracking stock.
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Analyst Views on FWONA
Wall Street analysts forecast FWONA stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 78.350
Low
107.00
Averages
108.33
High
110.00
Current: 78.350
Low
107.00
Averages
108.33
High
110.00
About FWONA
Formula One Group (Formula One) is a tracking stock of Liberty Media Corporation (Liberty Media), which is based in the United States. Formula One consists of Liberty Media's interest in Formula 1 and Quint and other minority investments. The Series A and Series C Liberty Formula One common stock trade on the Nasdaq Global Select Market under the stock symbols FWONA and FWONK, respectively. The Series B Liberty Formula One common stock is quoted on the OTC Markets under the symbol FWONB.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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