Formula One Group (FWONA)

NASDAQ: FWONA · Real-Time Price · USD
85.23
+0.29 (0.34%)
Dec 30, 2024, 12:30 PM EST - Market open
0.34%
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]

Industry Entertainment
Founded 1950
Employees 6,486
Stock Exchange NASDAQ
Ticker Symbol FWONA
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

Analyst 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.

Price Target
$77.0
(-9.66% downside)
Analyst Consensus: Buy
Stock Forecasts

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™.

Other symbols: LLYVA
11 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.

Other symbols: LLYVALLYVK
11 days ago - Reuters

Liberty Media Appoints Chase Carey to Board of Directors

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

Other symbols: LLYVA
23 days ago - Business Wire

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.

5 weeks ago - Reuters

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...

Other symbols: LLYVALLYVK
6 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.

Other symbols: LLYVALLYVK
6 weeks ago - CNBC Television

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...

6 weeks ago - Investopedia

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.

Other symbols: LLYVALLYVK
6 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.

Other symbols: LLYVALLYVK
6 weeks ago - CNBC Television

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.

Other symbols: LLYVALLYVK
6 weeks ago - CNBC

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.

Other symbols: LLYVALLYVK
6 weeks ago - Business Wire

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...

Other symbols: BATRA
6 weeks ago - Business Wire

Formula One Group (FWONK) Q3 2024 Earnings Conference Call Transcript

Formula One Group (FWONK) Q3 2024 Earnings Conference Call Transcript

7 weeks ago - Seeking Alpha

Liberty Media Corporation Reports Third Quarter 2024 Financial Results

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

7 weeks ago - Business Wire

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...

7 weeks ago - Seeking Alpha

Liberty Media Corporation Announces Annual Investor Meeting

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Annual Investor Meeting.

Other symbols: LLYVALLYVK
2 months ago - Business Wire

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...

Other symbols: LLYVALLYVK
2 months ago - Business Wire

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...

Other symbols: LLYVALLYVK
3 months ago - Business Wire

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.

4 months ago - Business Wire

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...

5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

Liberty Media Corporation Reports Second Quarter 2024 Financial Results

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

5 months ago - Business Wire

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.

5 months ago - Business Wire

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.

6 months ago - Business Wire

Liberty Media Corporation to Hold Virtual Annual Meeting of Stockholders

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

8 months ago - Business Wire