NASDAQ-NMS:LSXMK

American Express Accelerates the Love of Sport with FORMULA 1 AWS GRAND PRIX DU CANADA 2024 Offerings

Retrieved on: 
Wednesday, April 10, 2024

American Express Cardmembers receive early access to a wide selection of FORMULA 1 AWS GRAND PRIX DU CANADA 2024 tickets with exclusive on-site benefits, making fandom even better when you're with American Express.

Key Points: 
  • American Express Cardmembers receive early access to a wide selection of FORMULA 1 AWS GRAND PRIX DU CANADA 2024 tickets with exclusive on-site benefits, making fandom even better when you're with American Express.
  • TORONTO, April 10, 2024 /CNW/ - American Express and Formula 1® recently entered a multi-year partnership, making American Express the Official Payments Partner of F1® in the Americas, which includes the FORMULA 1 AWS GRAND PRIX DU CANADA 2024 on June 7, 8, 9, 2024 in Montreal.
  • "Globally, F1® fandom and the willingness to travel for an epic Grand Prix experience continues to rise in popularity," said Vanessa Crooker, Vice President of Brand, Partnerships and Lifestyle Benefits at American Express Canada.
  • "One of our top priorities is to offer unique access and experiences for our Members and bringing American Express benefits to the FORMULA 1 AWS GRAND PRIX DU CANADA 2024 helps us do just that."

Liberty Media and SiriusXM Announce Transaction to Simplify Ownership Structure of SiriusXM

Retrieved on: 
Tuesday, December 12, 2023

ENGLEWOOD, Colo. and NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Liberty Media Corporation ("Liberty Media" or "Liberty") (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) and Sirius XM Holdings Inc. (NASDAQ: SIRI) ("SiriusXM" or the "Company"), the leading audio entertainment company in North America, today announced that they have entered into definitive agreements whereby Liberty Media's Liberty SiriusXM tracking stock group (NASDAQ: LSXMA, LSXMB and LSXMK) (collectively "LSXM"), will be combined with SiriusXM to create a new public company ("New SiriusXM"), which will continue to operate under the SiriusXM name and brand. New SiriusXM will have a single outstanding series of common stock and is expected to continue to be traded on the Nasdaq Global Select Market under the ticker symbol "SIRI".

Key Points: 
  • New SiriusXM will have a simplified ownership structure and benefit from greater strategic flexibility and independence.
  • A wholly owned subsidiary of SplitCo will then merge with SiriusXM, and existing SiriusXM stockholders (other than Liberty Media) will receive 1:1 shares of SplitCo, which will become New SiriusXM.
  • A subsidiary of Liberty Media owning a majority of the outstanding shares of SiriusXM has delivered a written consent approving the transaction on behalf of SiriusXM stockholders.
  • Liberty Media and SiriusXM will hold a joint investor conference call and webcast at 8:30 AM ET to discuss the details of the transaction.

Tottenham Hotspur announces 15-year partnership with Formula 1

Retrieved on: 
Tuesday, February 28, 2023

The partnership brings yet another popular global sport brand to Tottenham Hotspur Stadium, now uniquely hosting the Premier League, NFL and F1, supporting worldwide fan growth.

Key Points: 
  • The partnership brings yet another popular global sport brand to Tottenham Hotspur Stadium, now uniquely hosting the Premier League, NFL and F1, supporting worldwide fan growth.
  • Tottenham Hotspur and F1 will collaborate throughout the partnership on initiatives that promote environmental responsibility.
  • Stefano Domenicali, President and CEO, Formula 1, said: "As we continue to grow our sport around the world, partnering with world renowned brands like Tottenham Hotspur allows us to take Formula 1 and motorsport to new and diverse audiences.
  • David Richards CBE, Chairman of Motorsport UK, the governing body for four-wheel motorsport in the UK, said: "I congratulate Tottenham Hotspur and Formula 1 on this innovative partnership.

Formula 1® and SiriusXM Announce Multi-Year Extension

Retrieved on: 
Thursday, May 5, 2022

NEW YORK, May 5, 2022 /PRNewswire/ -- Formula 1® and SiriusXM announced today a multi-year extension to their relationship, which will continue to deliver coverage of every F1® race to SiriusXM listeners nationwide through 2024.

Key Points: 
  • All Formula 1 races will be available to subscribers on SiriusXM radios and on the SXM App.
  • "We are very happy to extend our relationship with SiriusXM," said Ian Holmes, Director of Media Rights and Content Creation at Formula 1.
  • Formula One World Championship Limited is part of Formula 1 and holds the exclusive commercial rights to the FIA Formula One World Championship.
  • The F1 logo, F1 FORMULA 1 logo, FORMULA 1, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX, PADDOCK CLUB and related marks are trademarks of Formula One Licensing BV, a Formula 1 company.