• Liberty Media - Liberty Formula One Series B average operating margin for 2022 was 17%, a 64.89% increase from 2021.
• Liberty Media - Liberty Formula One Series B average operating margin for 2021 was 10.31%, a 19.19% increase from 2020.
• Liberty Media - Liberty Formula One Series B average operating margin for 2020 was 8.65%, a 43.9% increase 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.