PACSUN ACCELERATES INTO MIAMI WITH OFFICIAL FORMULA 1® COLLECTIONMay 1, 2026
The Collection Blends Motorsport Energy with Bold Color, Technical Details, and Race-Ready Style
LOS ANGELES, May 1, 2026 /PRNewswire/ -- Pacsun, the purpose-driven specialty fashion retailer rooted in youth culture, is bringing race weekend energy to Miami with its official collection created in partnership with Formula 1®. Building on the longstanding collaboration between the two brands, the all-new FORMULA 1 MIAMI GRAND PRIX 2026 Collection launches in time for the race weekend and taps into the speed, color, and spectacle surrounding one of the most high-energy moments in sport and culture.Pacsun is bringing race weekend energy to Miami with its official collection created in partnership with Formula 1.
The assortment spans men's and women's styles, including graphic tees, lightweight layers, and statement pieces. Drawing from the world of motorsport, bold graphics, dynamic striping, and technical details are balanced with relaxed, streetwear-driven silhouettes. A palette of saturated color, crisp neutrals, and high-contrast finishes reflects Miami's signature intensity, with pieces designed to move seamlessly from trackside to the rest of the weekend and everywhere in between.
"At Pacsun, our longstanding collaboration with Formula 1 continues to be a natural extension of our sport and fashion pillars," said Richard Cox, Chief Merchandising Officer at Pacsun. "There's a strong alignment in the way both brands show up at the intersection of performance and style, and that perspective shapes each collection. This drop reflects that balance, sport-driven in its foundation with a clear fashion point of view, resulting in product that feels current, expressive, and built to carry beyond the race moment."
The 30-piece assortment is priced from $16 to $100 and marks Pacsun's fourth collection with Formula 1 for the Miami race.
The new FORMULA 1 MIAMI GRAND PRIX 2026 Collection is available now exclusively in Pacsun stores and online.
About Pacsun Pacsun is a purpose-driven, leading specialty retailer offering a cross section of emerging brands and trending fashion through the lens of youth culture. Delivering the latest contemporary, streetwear, and activewear, Pacsun partners with the best brands at the intersection of fashion, music, art, and sport to offer curated collections, rare and exclusive products, and creative collaborations on every level to inspire the next generation. Founded in 1980 in Newport, CA, Pacsun is now co-created in Los Angeles. Follow @pacsun on TikTok, Instagram, X, Facebook, and YouTube.
About Formula 1® Formula 1® racing began in 1950 and is the world's most prestigious motor racing competition, as well as the world's most popular annual sporting series. Formula One World Championship Limited is part of Formula 1® and holds the exclusive commercial rights to the FIA Formula One World Championship™. Formula 1® is a subsidiary of Liberty Media Corporation (NASDAQ: FWONA, FWONK, LLYVA, LLVYK) attributed to the Formula One Group tracking stock. 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. All rights reserved.
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Press Contact: Kate Fosha George
kgeorge@pacificsunwear.comPacsun LogoCision
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Here Are All 48 Stocks Warren Buffett's Successor, Greg Abel, Is Overseeing in Berkshire Hathaway's $320 Billion PortfolioApr 21, 2026
Key Points
It's an entirely new era for Berkshire Hathaway, with longtime CEO Warren Buffett retiring on Dec. 31 and his understudy, Greg Abel, taking the reins. The Oracle of Omaha and Abel share similar investment philosophies, right down to devoting an outsize share of capital to their best ideas. Many of the billion-dollar wagers in Berkshire's portfolio are driven by sustainable competitive advantages. 10 stocks we like better than Berkshire Hathaway ›
This year marks a new era in Berkshire Hathaway's (NYSE: BRKA)(NYSE: BRKB) storied history. After leading Berkshire for well over half a century and seeing the company he built reach a $1 trillion market cap, billionaire Warren Buffett retired as CEO on Dec. 31.
The person responsible for filling some impossibly big shoes is the Oracle of Omaha's longtime understudy, Greg Abel. Abel has been with Berkshire for over a quarter-century, and he has a nose for value just like his predecessor.
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Warren Buffett retired as CEO of Berkshire Hathaway on Dec. 31, 2025. Image source: The Motley Fool.
Although Buffett remains chairman of the board, Berkshire Hathaway's day-to-day operations, including the management and oversight of its $320 billion investment portfolio, fall to Abel. As of the closing bell on April 16, Berkshire's new boss has the final say over 48 positions.
Greg Abel's portfolio is highly concentrated in 10 core holdings
Warren Buffett's and Greg Abel's investment philosophies are very similar. In addition to value being of the utmost importance, both favor robust capital-return programs, strong management teams, and companies with sustainable competitive advantages.
Perhaps most importantly, Berkshire's former and current bosses believe in apportioning an outsize percentage of the company's capital into their best ideas. Just 10 positions account for nearly 79% of Berkshire Hathaway's invested assets:
Apple(NASDAQ: AAPL): $60,033,550,627 in market value (as of April 16)American Express(NYSE: AXP): $49,388,701,632Coca-Cola(NYSE: KO): $30,072,000,000Bank of America: $27,680,505,428Chevron: $24,488,919,510Occidental Petroleum: $15,067,219,181Mitsubishi(OTC: MSBHF): $12,426,926,313Chubb: $11,248,116,681Moody's (NYSE: MCO): $11,062,421,851Mitsui(OTC: MITSF): $10,944,462,095
Several of these "best idea" stocks share similarities. For instance, all 10 pay dividends to their shareholders, with some also actively repurchasing their shares. Apple has the largest share repurchase program on Wall Street, with the iPhone maker spending roughly $841 billion since 2013 to retire over 44% of its outstanding shares.
AAPL Shares Outstanding data by YCharts.
Buffett and Abel also view seven out of these 10 core positions as indefinite holdings. With the exception of Bank of America, Chevron, and Chubb, the remaining seven companies are expected to be fixtures in Berkshire's portfolio for decades to come. This includes Coca-Cola, American Express, and Moody's, the three longest-tenured holdings that are currently generating annual yields on cost of 63%, 45%, and 41%, respectively.
Investors can see Abel's influence among these 10 core holdings, as well. Abel is a huge fan of Japan's five trading houses, commonly known as the "sogo shosha," and was instrumental in building up sizable stakes in Mitsubishi and Mitsui.
Berkshire Hathaway has 20 additional billion-dollar wagers
On top of overseeing 10 positions that range from nearly $11 billion to $60 billion, Abel is responsible for 20 additional billion-dollar wagers in Berkshire Hathaway's $320 billion investment portfolio:
Itochu: $8,542,909,322Kraft Heinz: $7,356,090,539Alphabet: $5,996,660,635 (Class A shares, GOOGL)Marubeni: $5,859,803,545DaVita: $4,458,799,656Sumitomo: $4,304,149,575Kroger: $3,388,500,000Sirius XM Holdings(NASDAQ: SIRI): $3,086,480,003Visa(NYSE: V): $2,614,529,646VeriSign(NASDAQ: VRSN): $2,461,878,638Constellation Brands: $2,135,250,000Tokio Marine Holdings: $2,110,853,256Mastercard(NYSE: MA): $2,067,236,454UnitedHealth Group: $1,594,518,050Capital One Financial: $1,435,076,500Domino's Pizza(NASDAQ: DPZ): $1,236,150,000Nucor: $1,229,326,646Ally Financial: $1,216,840,000Aon: $1,208,228,343Liberty Live Series C: $1,060,323,236
You'll note that the other three members of the sogo shosha are in this grouping (Itochu, Marubeni, and Sumitomo), and that they collectively make up five of Berkshire's 16 largest holdings by market value.
But what really stands out about these billion-dollar wagers is the emphasis on sustainable competitive advantages. For instance, Sirius XM and VeriSign operate as legal monopolies. Sirius XM is the only licensed satellite radio operator, while VeriSign is the registrar of ".com" and ".net" domains. Growth may not be off the charts for either company, but they possess unmatched competitive edges.
Abel is also overseeing close to $4.7 billion in combined investments in payment facilitators Visa and Mastercard. Whereas many of their peers double dip and act as lenders, Visa and Mastercard are solely focused on collecting merchant fees for facilitating payments. This means neither Visa nor Mastercard has to worry about setting aside capital for credit delinquencies or loan losses during periods of economic turbulence.
And we can't forget about Domino's Pizza, which is a stock the Oracle of Omaha added to for six consecutive quarters leading up to his retirement. Domino's ability to build consumers' trust and its track record of meeting or exceeding five-year growth initiatives made it a go-to investment for Berkshire's now-retired billionaire boss.
Image source: Getty Images.
Abel's smaller holdings
Rounding things out are the 18 relatively smaller holdings that Greg Abel oversees, ranging from $5 million to approximately $692 million:
Pool Corp.: $692,463,211Lennar: $626,124,360Amazon(NASDAQ: AMZN): $568,317,200Liberty Live Series A: $471,581,627Louisiana-Pacific: $410,754,140The New York Times Co.: $394,621,458Heico Class A: $279,726,815Liberty Formula One Series C: $271,488,837Charter Communications: $250,336,326Lamar Advertising: $162,505,712Allegion: $110,404,422NVR: $74,490,292Liberty Latin America Series A: $20,227,853Jefferies Financial Group: $20,186,460Diageo: $18,229,110Lennar Class B: $15,685,537Liberty Latin America Series C: $11,055,412Atlanta Braves Holdings Series C: $5,230,043
Many of these "smaller" positions fall into two categories: companies that have been reduced or are being removed from Berkshire's investment portfolio, or investments made by Ted Weschler or Todd Combs, the latter of whom left Berkshire to join JPMorgan Chase in December 2025.
For example, Berkshire's stake in e-commerce and cloud infrastructure services titan Amazon was slashed by 77% during the December-ended quarter. Historically, a 77% reduction in a mid-tier position in Berkshire Hathaway's portfolio has been a strong signal that a company would soon be getting the heave-ho. Though Amazon is historically inexpensive relative to its future cash flow, it's not a value stock in the traditional sense of the term -- and that may be a problem for Greg Abel.
While it's possible that some of these smaller positions can eventually become billion-dollar wagers, these investments are better viewed as trading opportunities for Weschler and his team.
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Bank of America is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. American Express is an advertising partner of Motley Fool Money. Ally is an advertising partner of Motley Fool Money. Sean Williams has positions in Alphabet, Amazon, Bank of America, Mastercard, Sirius XM, and Visa. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Atlanta Braves Holdings, Berkshire Hathaway, Chevron, Domino's Pizza, Heico, JPMorgan Chase, Jefferies Financial Group, Lennar, Mastercard, Moody's, NVR, The New York Times Co., VeriSign, and Visa and is short shares of Apple. The Motley Fool recommends Capital One Financial, Constellation Brands, Diageo Plc, Kraft Heinz, Kroger, Occidental Petroleum, Pool, and UnitedHealth Group. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Liberty Live Holdings, Inc. Enters into Exchange Agreements with Certain Holders of its 2.375% Exchangeable Senior Debentures due 2053Mar 13, 2026
ENGLEWOOD, Colo., March 13, 2026--(BUSINESS WIRE)--Liberty Live Holdings, Inc. ("Liberty Live") (Nasdaq: LLYVA, LLYVK) announced that it has entered into separate, privately negotiated exchange agreements with certain holders ("Holders") of Liberty Live’s 2.375% Exchangeable Senior Debentures due 2053 ("Old Debentures"). Pursuant to these exchange agreements, the Holders have agreed, subject to customary closing conditions, to exchange an aggregate of approximately $1,014 million outstanding principal amount of Old Debentures for approximately $1,014 million principal amount of new 2.375% Exchangeable Senior Debentures due 2053 of Liberty Live ("New Debentures").
The aggregate principal amount of New Debentures to be issued to each Holder will be equal to the aggregate principal amount of the Old Debentures exchanged by such Holder.
These exchange transactions (the "Exchanges") are expected to close on or about March 20, 2026, subject to the satisfaction of customary closing conditions.
The New Debentures have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws and may not be offered or sold except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws.
This press release is for informational purposes only and does not constitute a notice of redemption under the optional redemption provisions of the indenture governing the Old Debentures, nor does it constitute an offer to sell, or a solicitation of an offer to buy, any security, including the New Debentures, nor does it constitute a solicitation for an offer to purchase any security, including the Old Debentures.
Forward-Looking Statements
This communication includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including certain statements relating to statements regarding Liberty Live’s plans and timing of the Exchanges; the principal amount of New Debentures Liberty Live expects to issue upon consummation of the Exchanges; whether the conditions for the closing of the Exchanges will be satisfied; and Liberty Live’s plans, objectives and expectations. All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws. These forward-looking statements generally can be identified by phrases such as "possible," "potential," "intends" or "expects" or other words or phrases of similar import or future or conditional verbs such as "will," "may," "might," "should," "would," "could," or similar variations. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These forward-looking statements speak only as of the date of this communication, and Liberty Live expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Liberty Live’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please refer to the publicly filed documents of Liberty Live, including the risk factors disclosed in Liberty Live’s most recent Forms 10-K and 10-Q, as applicable, as such risk factors may be amended, supplemented or superseded from time to time by other reports Liberty Live subsequently files with the Securities and Exchange Commission, for additional information about Liberty Live and about the risks and uncertainties related to Liberty Live’s business which may affect the statements made in this communication.
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About Liberty Live Holdings, Inc.
Liberty Live Holdings, Inc. (Nasdaq: LLYVA, LLYVK) consists of its ownership in Live Nation, its wholly owned subsidiary Quint and other minority investments.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260312066005/en/
Contacts
Liberty Live Holdings, Inc.
Hooper Stevens, +1 720-875-5406
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