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Liberty Media Corporation

A media, entertainment, and sports holding company based in Englewood, Colorado, Liberty Media owns Formula 1, the global motor racing championship, and MotoGP, the motorcycle racing series. It was founded in 1991 by John C. Malone, nicknamed the "Cable Cowboy," as a spin-off from his cable giant Tele-Communications, Inc. — the name "Liberty" was chosen to signal the new company's independence from the cable business.