Formula One Group (FWONB)

OTCMKTS · Delayed Price · Currency is USD
81.74
0.00 (0.00%)
At close: Dec 20, 2024
45.91%
Market Cap 23.22B
Revenue (ttm) 3.72B
Net Income (ttm) 278.00M
Shares Out n/a
EPS (ttm) 1.15
PE Ratio 83.51
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 339
Open 81.74
Previous Close n/a
Day's Range 81.74 - 81.74
52-Week Range 55.00 - 72.13
Beta 1.11
Analysts n/a
Price Target n/a
Earnings Date Feb 25, 2025

About Formula One Group

Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors’ championship and drivers compete for the drivers’ championship. It is also involved in the operation of the Formula 1 Paddock Club hospitality program; and provision of freight, logistical, and travel related services for the teams a... [Read more]

Industry Entertainment
Founded 1950
Country United States
Stock Exchange OTCMKTS
Ticker Symbol FWONB
Full Company Profile

Financial Performance

In 2023, Formula One Group's revenue was $3.22 billion, an increase of 25.22% compared to the previous year's $2.57 billion. Earnings were $185.00 million, a decrease of -66.85%.

Financial Statements

News

EU Commission reaches for brakes on FI motor deal

The European Commission announced on Thursday that it will investigate Formula One owner Liberty Media's €3.5 billion euro deal for the motorcycle racing league MotoGP World Championship, as the deal ...

4 days ago - Euronews

Liberty Media Statement on European Commission Decision to Open Phase II Investigation of Proposed Acquisition of MotoGP™

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Statement on European Commission Decision to Open Phase II Investigation of Proposed Acquisition of MotoGP™.

4 days ago - Business Wire

EU opens probe into Liberty Media's proposed Dorna Sports acquisition

The European Commission said on Thursday it had opened an in-depth investigation into the proposed 3.5 billion euro ($3.62 billion) acquisition of Dorna Sports by Liberty Media FWONA.O.

4 days ago - Reuters

F1 Owner’s $3.8 Billion MotoGP Deal Hit by In-Depth EU Probe

Formula 1 owner Liberty Media Corp.’s $3.8 billion plan to buy motorcycle racing league MotoGP World Championship has been hit by a full-scale European Union probe.

4 days ago - BNN Bloomberg

Miami Dolphins, NFL Fans Can Own Part Of Team Thanks To This Public Company

National Football League fans, specifically those of the Miami Dolphins, will likely be happy to learn that they can now invest in the team thanks to a rule allowing private equity investment. What Ha...

11 days ago - Benzinga

Liberty Media Appoints Chase Carey to Board of Directors

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Appoints Chase Carey to Board of Directors.

17 days ago - Business Wire

Cadillac is forming an F1 team as the USA's new love affair with the sport deepens

Since Liberty Media bought F1 in 2017, the sport has become increasingly popular in the USA, with three races now held there every year.

4 weeks ago - Business Insider

In Las Vegas, winning is what matters and Verstappen is awfully good at that

Beating Norris in Sin City will deliver a fourth successive title to the Red Bull driver and prove he makes his own luck Max Verstappen may have been dismissive in his opening assessment of last year’...

4 weeks ago - The Guardian

EU to decide on F1 owner Liberty Media's MotoGP deal by Dec. 19

Formula One's U.S.-based owner Liberty Media's planned takeover of MotoGP's parent company Dorna will be decided by EU antitrust regulators by Dec. 19, a European Commission filing showed.

4 weeks ago - Reuters

Malone Makes Pitch for More Cable-TV Consolidation With Charter

Charter Communications Inc. should be allowed to merge with a larger media or telecom rival to stay competitive against technology companies that are unregulated and also vie for internet audiences, L...

5 weeks ago - BNN Bloomberg

John Malone on AI, Starlink, business simplification and the changing media landscape

CNBC's David Faber sits down with Liberty Media chairman John Malone to discuss the company's future and his outlook for the media industry.

5 weeks ago - CNBC

Liberty Media's next generation may not be in the media business, says chairman John Malone

John Malone, Liberty Media chairman, joins 'Squawk on the Street' to discuss what is to come with Liberty Media's ownership of Formula One, what the next generation of Liberty Media looks like, and mu...

5 weeks ago - CNBC Television

Watch CNBC's full interview with Liberty Media chairman John Malone

John Malone, Liberty Media chairman, joins 'Squawk on the Street' to discuss what is to come with Liberty Media's ownership of Formula One, what the next generation of Liberty Media looks like, and mu...

5 weeks ago - CNBC

Liberty Media's next generation may not be in the media business, says chairman John Malone

John Malone, Liberty Media chairman, joins 'Squawk on the Street' to discuss what is to come with Liberty Media's ownership of Formula One, what the next generation of Liberty Media looks like, and mu...

5 weeks ago - CNBC

Liberty Media's Greg Maffei on stepping down as CEO, spinning off of assets

Greg Maffei, Liberty Media CEO, joins 'Squawk on the Street' to discuss why Maffei is deciding to stop down as CEO, what's next for Maffei, and insights into the Liberty Broadband deal.

5 weeks ago - CNBC Television

Liberty Media's Greg Maffei on stepping down as CEO, spinning off of assets

Greg Maffei, Liberty Media CEO, joins 'Squawk on the Street' to discuss why Maffei is deciding to stop down as CEO, what's next for Maffei, and insights into the Liberty Broadband deal.

5 weeks ago - CNBC

Liberty Media's John Malone: I miss being the decision-making executive

CNBC's David Faber joins 'Squawk on the Street' with Liberty Media Chairman John Malone.

5 weeks ago - CNBC

Greg Maffei to Step Down as CEO of Liberty Media by End of 2024

Liberty Media has announced that its President and CEO, Greg Maffei, will leave his position by the end of 2024. Maffei, who has been with the American investment firm since 2005 and took on the role ...

5 weeks ago - CEOWORLD magazine

F1 Owner Liberty Media To Spin Off Entertainment Assets as CEO Steps Down

Liberty Media (FWONA, FWONK, LLYVA, LLYVK) said it plans to spin off most of its entertainment assets besides Formula One into a separately traded entity, Liberty Live, and announced CEO Greg Maffei i...

5 weeks ago - Investopedia

LLYVA Stock Alert: Halper Sadeh LLC Is Investigating Liberty Media Corporation

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the proposed split off of Liberty Media Corporation's (NASDAQ: LLYVA) Liberty Live Group is fair to L...

5 weeks ago - Business Wire

Liberty Media’s Maffei Steps Down, Capping Two-Decades of Deals

Liberty Media Corp. Chief Executive Officer Greg Maffei will step down at the end of this year after nearly two decades of dealmaking at Chairman John Malone’s media, sports and telecom empire.

5 weeks ago - BNN Bloomberg

John Malone Moves to Simplify Empire with Liberty Live Spinoff

Liberty Media’s CEO will step down as the company splits its Live Nation and Quint holdings from the motor sport businesses.

5 weeks ago - The Wall Street Journal

John Malone Moves to Simplify Empire with Liberty Live Spinoff

Liberty Media's CEO will step down as the company splits its Live Nation and Quint holdings from the motor sport businesses.

5 weeks ago - WSJ

Liberty Media to spin off assets; CEO Greg Maffei to step down at year-end

CNBC's David Faber joins 'Squawk Box' with the latest news.

5 weeks ago - CNBC Television

Liberty Media to spin off assets; CEO Greg Maffei to step down at year-end

Liberty Media announced Wednesday it's spinning off most assets besides Formula One auto racing into a separate publicly traded company, called Liberty Live, and that CEO Greg Maffei is stepping down ...

5 weeks ago - CNBC