Formula One Group (FWONA)

🇺🇸NASDAQ

64.78 -0.33 (-0.51%)

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At close: Jul 05, 2024, 4:00 PM

Market Cap27.7B
Days Range64.71 - 65.29
52 Week Range70.21 - 55.08
Volume67770
EPS (ttm)1.52
PE Ratio42.62

-0.51% (1D)

Formula One Group News

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3 weeks ago - fool.com

2 Warren Buffett Stocks to Buy Hand Over Fist and 1 to Avoid

One stock in Buffett's Berkshire Hathaway portfolio continues to grow its profits by leaps and bounds. Another ranks among his top performers in 2024 and is poised for growth, thanks to acquisitions.


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1 month ago - businesswire.com

Liberty Media Corporation to Hold Virtual Annual Meeting of Stockholders

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation to Hold Virtual Annual Meeting of Stockholders.


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1 month ago - businesswire.com

Liberty Media Corporation Reports First Quarter 2024 Financial Results

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Reports First Quarter 2024 Financial Results.


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3 months ago - investopedia.com

F1 Owner Liberty Media Buys MotoGP Rightsholder Dorna Sports in $4.5 Billion Deal

Formula One (F1) owner Liberty Media (FWONK) is expanding its reach into motorsports by purchasing Dorna Sports, the owner of the rights to the MotoGP World Championship.


3 months ago - youtube.com

Liberty Media CEO on $4.5B MotoGP deal: We want to show the world how exciting this sport is

Greg Maffei, Liberty Media president and CEO, joins 'Squawk on the Street' to discuss the playbook for MotoGP, the price Liberty Media paid for the racing company, and if this is transaction will be accretive to shareholders.


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3 months ago - reuters.com

F1 owner Liberty Media set to take over MotoGP, Sky reports

Formula One's U.S.-based owner Liberty Media is expected to announce a takeover of MotoGP's parent company within days and for more than 4 billion euros ($4.32 billion), Sky News reported on Sunday.


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4 months ago - invezz.com

Formula One Group: FWONK stock near ATH as new season starts

Formula One Group (FWONK) stock is nearing its all-time high as the new season starts in Bahrain this week. It jumped by over 4% on Thursday as it closed at $72.76, the highest point since August 27th.


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4 months ago - zacks.com

Is Liberty Media Corporation - Liberty Formula One Series A (FWONA) Outperforming Other Consumer Discretionary Stocks This Year?

Here is how Liberty Media Corporation - Liberty Formula One Series A (FWONA) and AMMO, Inc. (POWW) have performed compared to their sector so far this year.


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5 months ago - businesswire.com

Liberty Media Corporation Announces Fourth Quarter Earnings Release and Conference Call

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Fourth Quarter Earnings Release and Conference Call.


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6 months ago - seekingalpha.com

Formula One Group: Adjusted OIBDA Should Grow At A Robust Rate

Reiterating a buy rating for FWONK based on a positive outlook for adjusted OIBDA growth driven by top line growth and operating leverage. 3Q23 Adjusted OIBDA beat expectations, driven by healthy performance in main revenue drivers. I expect the Vegas Grand Prix to generate strong revenue and create new revenue streams, but higher year-one operating expenses have impacted valuation.


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7 months ago - invezz.com

Las Vegas GP and Formula 1 peak: is FWONA stock a good buy?

The biggest Formula 1 race of the year is off to a disappointing start. The Las Vegas GP is seeing weaker demand than expected, leading to a sharp decline of ticket prices.


7 months ago - youtube.com

Formula 1 Interest Exploding in US, Maffei Says

Liberty Media President and CEO Greg Maffei says the planned Formula 1 night race that will run down the Las Vegas Strip will be "iconic." He speaks with Scarlet Fu and Katie Greifeld on "Bloomberg Markets: The Close.


7 months ago - youtube.com

'Inside Track: The Business of Formula 1' premieres tonight

CNBC's Contessa Brewer reports on Formula 1's impact on business in Las Vegas.


7 months ago - youtube.com

'Inside Track: The Business of Formula 1' premieres tonight at 8pm ET/PT on CNBC

CNBC's Sara Eisen joins 'Squawk Box' with a preview of the new CNBC Documentary 'Inside Track: The Business of Formula 1'.


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7 months ago - cnbc.com

How an F1 spending cap made racing teams more investable

A more predictable balance sheet makes it easier to bring new sponsors on board.


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7 months ago - seekingalpha.com

Formula One Group: Racing Ahead

Formula One Group is rated as a Buy due to its strong race economics, growth prospects, and increasing popularity. The Las Vegas Grand Prix is expected to boost Formula One's media rights and increase viewership, especially among American fans. Apple TV's potential bid for Formula One's broadcasting rights could further demonstrate its growing popularity and generate significant profits.


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8 months ago - seekingalpha.com

Apple Media Deal Could Be A Game Changer For Formula One Group

Apple is reportedly considering an offer for $2 billion per season media rights deal with Formula One. The possibility of Andretti Autosport joining the series could increase fan interest and make Formula One more appealing to sponsors and media partners. Formula One Group reported strong financial performance in Q2 and Q3.


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8 months ago - cnbc.com

Here's what streaming bundles could look like, according to Liberty Media's John Malone

Liberty Media chairman and "cable cowboy" John Malone weighed in on the state of streaming in an interview with CNBC's David Faber.


8 months ago - CNBC Television

Liberty Media CEO Greg Maffei on media acquisitions, Formula 1 and industry outlook

Liberty Media CEO Greg Maffei joins 'Squawk on the Street' to discuss the company's investor day, the company's ownership stake in Formula 1, Atlanta Braves, media acquisitions, TV rights, and more.


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8 months ago - seekingalpha.com

Formula One Group (FWONA) Q3 2023 Earnings Call Transcript

Formula One Group (NASDAQ:FWONA ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Shane Kleinstein - VP-IR Greg Maffei - President and CEO-Liberty Media Corporation Stefano Domenicali - President and CEO Brian Wendling - Chief Accounting and Principal Financial Officer, Liberty Media Corporation Renee Wilm - Chief Legal Officer and Chief Administrative Officer Derek Schiller - President and CEO, Atlanta Braves Conference Call Participants David Karnovsky - JPMorgan Ben Swinburne - Morgan Stanley Bryan Kraft - Deutsche Bank Vijay Jayant - Evercore Stephen Laszczyk - Goldman Sachs Stephen Glagola - TD Cowen David Joyce - Seaport Research Partners Jason Bazinet - Citi Barton Crockett - Rosenblatt Securities Operator Welcome to the Liberty Media Corporation's 2023 Q3 Earnings Call. [Operator Instructions] Afterwards, we will conduct a question-and-answer session.


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8 months ago - reuters.com

F1's US takeover just getting started, says McLaren chief Brown

Formula One's surging popularity in the U.S. will accelerate further with next month's Las Vegas Grand Prix and an F1 movie starring Brad Pitt on the way, McLaren boss Zak Brown told Reuters.


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8 months ago - fool.com

Here's Why Investors Should Buy Formula 1 Stock -- With or Without Apple

Apple is making seismic moves in the media space by going after the broadcast rights to popular sports. Formula 1 racing is rumored to be the tech giant's latest target, and its offer could be enormous.


9 months ago - CNBC Television

Formula One gets upgraded by Citi

Jason Bazinet, Citigroup managing director, joins 'Power Lunch' to discuss Liberty Media Formula One being upgraded from neutral to buy.


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9 months ago - businesswire.com

Liberty Media Corporation Announces Third Quarter Earnings Release and Conference Call

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Third Quarter Earnings Release and Conference Call.


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9 months ago - businessinsider.com

Formula 1 could be coming to Apple as it mulls offering up to $2 billion a year to show races, report says

Apple is interested in the exclusive global rights for Formula 1 races, Business F1 reported. The iPhone maker could offer up to $2 billion a year for the rights, per the report.