Mat Coch

Liberty/FOM has done much to secure its financial position. Long term hosting contracts and broadcast agreements provide a strong foundation. Financially, F1 looks strong for the next 5 years, the PGI interest is further evidence of that. #F1 3/3

It shows that, at institutional level, there remains confidence in F1 despite its on track issues. At PGI, Kamal Bhatia run principal asset management and has hundreds of billions in assets under management. There are significant industry figures involved, too. #F1 2/3

Filings with the SEC show Principal Global Investors now holds ~3.8% of Liberty Media, specifically the F1 tracking stock. It's a passive holding, there's no influence associated with it, but it's and interesting development. #F1 1/3

@dr_obbs @Planet_F1 Amazing to have you onboard. The passion, the energy, the pink shirt... I'm really looking forward to you breaking down the complex world of F1 tech for us!

I am thrilled to be working with @Planet_F1 and creating a series of videos called "The Tech Check Up with Dr. Obbs." This is the first of the series on methods engineers use to see how the air is moving around their race car designs. Make sure and follow along as we dive into other technical topics in the future! Thank you all for your continued support!

But FIA says it was unanimous so we must for now assume best efforts in working through that to make it happen. It's also acknowledged that the 2026 rules are fundamentally flawed, a point I'm certain is unanimous. #F1

Considerations there are what does it mean for the chassis? Fuel cell changes, battery size, weight, packaging, chassis distribution? It's a potentially huge impact for a comparatively small change so needs to be fully considered. #F1

An important element of the FIA announcement today is that it's not yet a done deal. The change in engine rules for next year must go through the Power Unit Advisory Committee, likely after input from the Technical Advisory Committee. #F1

What does it actually mean to “see air” in F1? We've launched a new video series, the Tech Check Up with @dr_obbs to explore exactly that, starting with Adrian Newey. Episode 1 is live: planetf1.com/features/f1-ae… #F1

This moves F1 towards a 60-40 power split, skewed in favour of the combustion engine. It's the right move, tacit acknowledgement what we've had has been very wrong. The process to get here, however, has been... unusual. #F1 3/3

Teams and power unit manufacturers have been involved in this process, which has been ongoing for some time. Final proposals were tabled today and will go to World Motor Sport Council for ratification following a vote from the power unit manufacturers. #F1 2/3

Huge news out of the FIA. Changes to F1 engine rules, with increase in combustion power of 50kW via fuel flow increase, and 50kW reduction in energy recovery system. This, a week on from Miami where, heading in, it was a case of analyse the changes voted through in April. #F1 1/3

While ADUO offers to chance to upgrade, it doesn't afford more resources. There is no additional financial element beyond the engine cost cap. But, if you qualify for an ADUO, the cost simply has to be worn - improve the engine and worry about long-term impact later. #F1 3/3

This was meant to be after Round 6, which would be now. First window will now open after Canada. Period 2 will be post-Hungary, and the third after Mexico City. The intent is to equalise without completely flattening the performance differences between engines. #F1 2/3

The ADUO window has been changed by the FIA. With Bahrain and Saudi cancelled, the first ADUO window now opens after 5 races. Power units more than 2 per cent down at that point will get an opportunity to catch up. #F1 1/3

Just going to correct myself here; Bahrain and Saudi fall into Q2 so won't show up on Q1 report.

Underpinning it all is stable income from promoters and broadcasters; the Sky deal yesterday locking that in for another five years suggests this is also going to roll on for a while. F1 as a business is well insulated from F1 as a sport. #F1 3/3

The growth is explained in part by three races in Q1 2026 vs two in 2025. There is also the usual fee increases, but the Q1 report gives special mention for Standard Chartered's sponsorship. This highlights the strong financial position the sport finds itself in. #F1 2/3

F1 has posted the best Q1 financial results in the sport's history. Revenue of $617m, up from $403m last year. It could have been better too were it not for the cancellation of Bahrain and Saudi. Teams were paid $184m of that in prize money. #F1 1/3

According to FOM: UK & Ireland viewing has increased by 90%, with under-35s up 120%, and female viewership more than doubled. From 2023–2025, viewing has grown by 14%, with a record-breaking 2025 with 162 million viewer hours. Full Story: planetf1.com/news/sky-f1-co… #F1 3/3

FOM last year generated revenue of about $3.9 billion. Just under a third of that came from television broadcast deals, about $1 billion. Sky UK's current deal is estimated to be worth about £200m and is set to expire at the end of 2029. This is a 5yr extension. #F1 2/3

F1 has renewed its broadcast agreement with Sky in the UK and Italy, the former until 2034 and the latter until 2032. It's another good move, shoring up more of the foundational revenue and insulating FOM from elements like unpopular regulations. #F1 1/3