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Stock impact report

F1 Finds Las Vegas a Gateway to Global Sponsor Deals [Yahoo! Finance]

Liberty Media Corporation - Series A Liberty Braves (BATRA) 
US:NASDAQ Investor Relations: ir.libertymedia.com/stock-information
Company Research Source: Yahoo! Finance
“Las Vegas really did help to elevate their visibility, because it's quite the spectacle, putting it on at nighttime,” Seaport Research Partners analyst David Joyce said on a phone call. “Really right time, right place—Las Vegas has had one success after another bringing new teams into town and the Sphere, so a lot of elements came together.” More from Sportico.com Liberty Media CEO Greg Maffei to Step Down After Two Decades Fubo Beats Q3 Results and Projects Better Sales, but Shares Drop Ohtani HR Ball Boosts eBay Sports Collectibles Arm, but Shares Plunge Las Vegas is singular for Liberty Media for more than just its glitzy location: It's the one race Liberty wholly owns all aspects of—other grand prix have some portion licensed out to local partners who partake in both putting on the race and splitting the revenue. The sole ownership of Las Vegas allows Liberty to use the event as a testing ground for ways to grow the business. That's especially true in sponsorship. Wh Show less Read more
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