v3.26.1
Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2026
Long-Term Debt  
Schedule of debt instruments

Outstanding

Carrying value

  ​ ​ ​

Principal

  ​ ​ ​

June 30,

  ​ ​ ​

December 31,

 

June 30, 2026

2026

2025

amounts in millions

Corporate level notes and loans:

2.25% Convertible Senior Notes due 2027 (1)

475

586

597

Other

22

22

24

Subsidiary notes and loans:

Formula 1 Senior Loan Facilities

3,330

3,312

3,331

MotoGP Credit Facilities

1,028

1,028

1,173

Deferred financing costs

(24)

(25)

Total debt

$

4,855

 

4,924

 

5,100

Debt classified as current

 

(72)

 

(52)

Total long-term debt

$

4,852

 

5,048

(1) Measured at fair value