Formula 1 teams enjoyed record prize money payments in the second quarter of 2025 according to Liberty Media’s latest financial results.

Following a sluggish opening quarter, Liberty Media shelled out over $513 million to teams following a strong Q2 performance, helped by the release of the F1 movie.

Liberty Media set for record team payments

Announced today, Liberty Media’s second quarter results show a strong recovery following a tough opening three months of 2025.

After posting just $403 million in the opening quarter, $150 million down on the same period last year, revenue has grown to $1.226 billion for the three months to June 30.

It marks the last quarter out as the second strongest during Liberty Media’s ownership of Formula 1’s commercial rights.

The 10 F1 teams are entitled

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