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Liberty Media Corporation Series A Liberty Formula One Common Stock is a tracking stock representing Liberty Media’s Formula One Group. It provides investors with exposure to a focused portfolio centered on global motorsports, led by the commercial rights to the FIA Formula One World Championship and related racing media and business activities. The stock reflects the performance of the Formula One segment rather than Liberty Media’s broader holdings, making it a distinct equity tied to the economics of premier international racing. Liberty Media Corporation uses this class A common stock as part of its multi-class capital structure, with voting rights associated with Series A shares. The security is used by market participants seeking a listed vehicle linked to Formula One’s worldwide fan base, sponsorship ecosystem, broadcast distribution, and event-driven commercial operations.