Streetbeat News

FWONA

Formula One Group

https://www.libertymedia.com/companies/formula-one-group.html

Industry

Entertainment

Formula One Group engages in the motorsports business in the United States and internationally. It holds commercial rights for the 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. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group is a subsidiary of Liberty Media Corporation.

Open

86.12

Mkt cap

29B

Volume

2.4K

High

90.04

P/E Ratio

-712.21

52-wk high

95.33

Low

85.33

Div yield

N/A

52-wk low

57.43

Liberty Media Corporation - Liberty Formula One Series A (FWONA) reported a Q4 loss of $1.03 per share, missing the Zacks Consensus Estimate of $0.58. This is a significant decline compared to earnings of $0.25 per share a year ago.

Portfolio Pulse from

February 28, 2025 | 3:00 am

Formula One Group (FWONK) held its Q4 2024 earnings conference call, discussing financial results and company performance. Key participants included executives from Liberty Media Corporation and analysts from major financial institutions.

Portfolio Pulse from

February 27, 2025 | 8:00 pm

Activist investor ValueAct has identified an opportunity in Liberty Live Group, which holds a stake in Live Nation. The stock is trading at a significant discount compared to Live Nation.

Portfolio Pulse from

February 22, 2025 | 1:15 pm

Liberty Media, the U.S.-based owner of Formula One, is awaiting a decision from EU antitrust regulators on its planned takeover of MotoGP's parent company, Dorna. The decision is expected by December 19, according to a European Commission filing.

Portfolio Pulse from

November 19, 2024 | 3:15 pm

Liberty Media plans to spin off its entertainment assets, excluding Formula One, into a new entity called Liberty Live. Additionally, CEO Greg Maffei is stepping down.

Portfolio Pulse from

November 13, 2024 | 11:00 pm

Liberty Media Corporation - Liberty Formula One Series A (FWONA) reported Q3 earnings of $0.48 per share, surpassing the Zacks Consensus Estimate of $0.31. This marks an improvement from $0.39 per share a year ago.

Portfolio Pulse from

November 12, 2024 | 8:45 pm

Sirius XM Holdings Inc reported a Q3 revenue decline of 4% to $2.17 billion, missing estimates. Adjusted EPS beat expectations. The company faced a $3.36 billion impairment charge related to Liberty Media, resulting in a net loss of $2.96 billion. Sirius XM revised its annual revenue outlook slightly downwards.

Portfolio Pulse from Anusuya Lahiri

October 31, 2024 | 6:02 pm

Liberty Formula One Gr's short interest has decreased by 8.29%, with 1.66% of shares sold short. This is lower than the peer group average of 8.38%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

October 10, 2024 | 3:30 pm

Hot Wheels and Formula 1 have announced a new partnership to launch a limited-edition die-cast line featuring F1 teams. The first product will be available on Mattel Creations, bringing the excitement of F1 racing to fans and collectors at a 1:64 scale.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 1:04 pm

LVMH, led by Bernard Arnault, has secured a 10-year sponsorship deal with Formula One, following its significant presence at the Paris Olympics. This move highlights LVMH's strategy to leverage global sports events for brand visibility.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 4:01 pm

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