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Liberty Formula One Group C FWONK Stock Quote

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Morningstar‘s Stock Analysis FWONK

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Formula One Attendance Gains Will Drive Top-Line Growth in Second Half

Neil Macker, CFA Senior Equity Analyst

Business Strategy and Outlook

| Neil Macker, CFA |

Formula One Group controls the exclusive commercial and promotional rights to the FIA Formula One World Championship series; the monetization of those rights is the primary business of the group. The firm is responsible for development and promotion of the Formula One race series in concert with its three partners: the FIA (the regulatory body), the teams that participate in the series, and the series' commercial partners.

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Company Profile FWONK

Business Description

Formula One Group controls the exclusive commercial and promotional rights to the FIA Formula One World Championship series, and the monetization of those rights is the primary business of the group. The firm is responsible for development and promotion of the Formula One race series in concert with its three partners: the FIA (the regulatory body), the teams that participate in the series, and the series' commercial partners, which include the race promoters, broadcasters, sponsors, and advertisers. Formula One Group is a subsidiary of Liberty Media, which purchased the firm in January 2017. Formula One stock is a tracking stock for the assets under Formula One Group with Liberty Media.

Contact
12300 Liberty Boulevard
Englewood, CO, 80112
T +1 720 875-5400
Industry Entertainment
Most Recent Earnings Jun 30, 2022
Fiscal Year End Dec 31, 2021
Employees 3,690