Liberty Media Corp., a leading media company based in the United States, specializes in the management of the FIA Formula One World Championship series. This exclusive control over the commercial and promotional rights of Formula One races is the company's primary focus, with partnerships with the FIA, race teams, broadcasters, sponsors, and advertisers. With a low-risk ESG score of 19.6, Liberty Media Corp. continues to expand its Formula One race series globally, with plans for 23 races across five continents in 2023. Acquired by Liberty Media in 2017, Formula One Group operates as a subsidiary within the company's portfolio.