Formula One Group (FWONA)
Market Cap | 23.11B |
Revenue (ttm) | 3.72B |
Net Income (ttm) | 278.00M |
Shares Out | 23.99M |
EPS (ttm) | 1.15 |
PE Ratio | 73.91 |
Forward PE | 44.76 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 16,757 |
Open | 84.15 |
Previous Close | 84.94 |
Day's Range | 84.15 - 85.30 |
52-Week Range | 55.86 - 87.42 |
Beta | 1.11 |
Analysts | Buy |
Price Target | 77.00 (-9.66%) |
Earnings Date | Nov 7, 2024 |
About FWONA
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]
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 StatementsAnalyst Forecast
According to 2 analysts, the average rating for FWONA stock is "Buy." The 12-month stock price forecast is $77.0, which is a decrease of -9.66% from the latest price.
News
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™.
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.
Liberty Media Appoints Chase Carey to Board of Directors
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Appoints Chase Carey to Board of Directors.
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.
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...
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.
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...
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.
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.
Liberty Media to spin off assets; CEO Greg Maffei to step down at year-end
Liberty Media is spinning off most assets besides Formula One auto racing into a separate publicly traded company, called Liberty Live. CEO Greg Maffei is stepping down at year-end.
Liberty Media Corporation Announces Plan to Split Off Liberty Live Group
ENGLEWOOD, Colo.--(BUSINESS WIRE)--LIBERTY MEDIA CORPORATION ANNOUNCES PLAN TO SPLIT OFF LIBERTY LIVE GROUP.
Atlanta Braves Holdings Announces Derek Schiller will Participate in Liberty Media Corporation's Annual Investor Meeting
ATLANTA--(BUSINESS WIRE)--Atlanta Braves Holdings, Inc. (Nasdaq: BATRA, BATRK) today announced that Derek Schiller, President and CEO of the Atlanta Braves will participate in Liberty Media Corporatio...
Formula One Group (FWONK) Q3 2024 Earnings Conference Call Transcript
Formula One Group (FWONK) Q3 2024 Earnings Conference Call Transcript
Liberty Media Corporation Reports Third Quarter 2024 Financial Results
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Reports Third Quarter 2024 Financial Results.
Formula One Group: IP Moats Are Not Recognized For Their Value
Formula One Group (NASDAQ: FWONK) is poised for growth with rising sports media rights, expanded race calendar, and better monetization of sponsorships and digital mediums. F1's exclusive commercial r...
Liberty Media Corporation Announces Annual Investor Meeting
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Annual Investor Meeting.
Liberty Media Corporation Announces Third Quarter Earnings Release and Conference Call
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation (“Liberty Media”) (NASDAQ: FWONA, FWONK, LLYVA, LLYVK) will host a conference call to discuss results for the third quarter of 2024 on Thur...
Liberty Media Corporation Announces Refinancing and Maturity Extension of Formula 1 Debt Facilities and Incremental Funding Related to MotoGP™ Acquisition
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation (“Liberty”) (Nasdaq: FWONA, FWONK, LLYVA, LLYVK) announced today that it closed the refinancing of the first lien Term Loan B and the matur...
Liberty Media Corporation Closed Offering of Series C Liberty Formula One Common Stock
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Closed Offering of Series C Liberty Formula One Common Stock.
Formula One Group (FWONK) Q2 2024 Earnings Call Transcript
Formula One Group (NASDAQ:FWONK) Q2 2024 Results Conference Call August 8, 2024 10:00 AM ET Company Participants Clare Adams - Senior Manager, Investor Relations Greg Maffei - President & Chief Execu...
Formula One Group (FWONA) Q2 2024 Earnings Call Transcript
Formula One Group (NASDAQ:FWONA) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Clare Adams - Senior Manager, Investor Relations Greg Maffei - President & Chief Exec...
Liberty Media Corporation Reports Second Quarter 2024 Financial Results
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Reports Second Quarter 2024 Financial Results.
Liberty Media Corporation Announces Virtual Special Meeting of Stockholders and Expected Closing Date of Transaction with Sirius XM
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Virtual Special Meeting of Stockholders and Expected Closing Date of Transaction with Sirius XM.
Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call.
Liberty Media Corporation to Hold Virtual Annual Meeting of Stockholders
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation to Hold Virtual Annual Meeting of Stockholders.