• Liberty Media - Liberty Formula One Series B average operating margin for 2022 was 17.92%, a 134.55% decline from 2021.
• Liberty Media - Liberty Formula One Series B average operating margin for 2021 was 7.64%, a 26.89% increase from 2020.
• Liberty Media - Liberty Formula One Series B average operating margin for 2020 was 10.45%, a 35.53% decline from 2019.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.