Formula One Group (FWONA) Research

Formula One Group is involved in the motorsports industry, conducting business both in the United States and globally. Its primary function is holding the commercial rights to the Formula One World Championship, an extensive motor racing series that unfolds over approximately nine months each year. In this competition, teams contend for the constructors' championship, while individual drivers vie for the drivers' championship. The company was founded in 1950 and maintains its headquarters in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.

Market snapshot

Symbol
FWONA
Price
$84.08
Day change
+0.83%
Market cap
$21.1B
P/E ratio
25.09x
52-week range
73.7-99.52
Sector
Communication Services
Industry
Entertainment
Next earnings
in 2 months
Analyst price target
$108

Recent news

  • What The Latest Media Earnings Blitz Reveals About Hollywood's Future

    If there was a common message to be found in the flood of entertainment media company earnings reports over the last several days, one could argue it's that Hollywood appears to finally be done chasing streaming growth at all costs.

  • F1 owner Liberty Media can ride out Mideast conflict

    The Middle East conflict has cut Formula One's race calendar and battered the share price of its owner Liberty Media , but market analysts believe ​both will ride out the crisis with long-term prospects intact.

Peer companies

  • Chunghwa Telecom Co., Ltd. (CHT)
  • Charter Communications, Inc. (CHTR)
  • Fox Corporation (FOXA)
  • Live Nation Entertainment, Inc. (LYV)
  • Reddit, Inc. (RDDT)
  • TKO Group Holdings, Inc. (TKO)
  • Tencent Music Entertainment Group (TME)
  • Vodafone Group Public Limited Company (VOD)

Recent insider activity

  • BERKSHIRE HATHAWAY INC — P-Purchase (291459 shares) on 2024-01-04
  • BERKSHIRE HATHAWAY INC — P-Purchase (375363 shares) on 2024-01-03
  • BERKSHIRE HATHAWAY INC — P-Purchase (261090 shares) on 2024-01-03
  • BERKSHIRE HATHAWAY INC — P-Purchase (162842 shares) on 2024-01-02
  • BERKSHIRE HATHAWAY INC — P-Purchase (740000 shares) on 2024-01-04

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