Formula One Group (NASDAQ:FWONK) Q2 2024 Results Conference Call August 8, 2024 10:00 AM ET

Company Participants

Clare Adams - Senior Manager, Investor Relations
Greg Maffei - President & Chief Executive Officer, Liberty Media Corporation
Brian Wendling - Chief Accounting & Principal Financial Officer, Liberty Media Corporation
Stefano Domenicali - President & Chief Executive Officer
Derek Schiller - President & Chief Executive Officer, Atlanta Braves
Renee Wilm - Chief Legal Officer & Chief Administrative Officer

Conference Call Participants

Stephen Laszczyk - Goldman Sachs
Barton Crockett - Rosenblatt Securities
David Karnovsky - JPMorgan
Vijay Jayant - Evercore ISI
David Joyce - Seaport Research Partners
Ben Swinburne - Morgan Stanley
Peter Supino - Wolfe Research
Bryan Kraft - Deutsche Bank

Operator

Welcome to Liberty Media Corporation 2024 Second Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference will be recorded today, August 8. I would now like to turn the call over to Clare Adams, Senior Manager, Investor Relations. Please go ahead.

Clare Adams

Good morning. Before we begin, we'd like to remind everyone that this call includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual events or results could differ materially due to a number of risks and uncertainties, including those mentioned in the most recent Forms 10-K and 10-Q filed by Liberty Media and Atlanta Braves Holdings with the SEC.

These forward-looking statements speak only as of the date of this call, and Liberty Media and Atlanta Braves Holdings expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Liberty Media or Atlanta Braves Holdings' expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

On today's call, we will discuss certain non-GAAP financial measures for Liberty Media, SiriusXM and Atlanta Braves Holdings, including adjusted OIBDA and adjusted EBITDA. The required definitions and reconciliations for Liberty Media, SiriusXM and Atlanta Braves Holdings Schedules 1 through 3 can be found at the end of the earnings press release issued today, which are available on Liberty Media and Atlanta Braves Holdings websites.

Now I'd like to turn the call over to Greg Maffei, Liberty's President and CEO.

Greg Maffei

Thanks, Clare, and good morning to all. Today, speaking on the call, we will also have Formula One's President and CEO, Stefano Domenicali, Liberty's Chief Accounting and Principal Financial Officer, Brian Wendling. And also during Q&A, we will answer questions related to Atlanta Braves Holdings, and Braves management will be available to answer them as well.