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Formula One (FWONA) Company Overview

Profile

Full Name:

Formula One Group

Industry:

Entertainment

Country:

United States

IPO:

January 10, 2013

Indexes:

Not included

Description:

FWONA, or Formula One Group, is a global sports and entertainment company that manages the Formula One racing series. It organizes races, promotes events, and sells broadcasting rights. The business focuses on delivering thrilling motorsport experiences while engaging fans and sponsors worldwide.

Key Details

Price

$92.61

Annual Revenue

$3.22 B(+25.22% YoY)

Annual EPS

$0.62(-71.16% YoY)

Beta

0.59

Events Calendar

Earnings

Next earnings date:

Feb 27, 2025

Recent quarterly earnings:

Nov 7, 2024

Recent annual earnings:

Feb 28, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Jul 20, 2023
Splits

Next split:

N/A

Recent split:

Jul 20, 2023

Analyst ratings

Recent major analysts updates

Nov 14, 24 Benchmark
Buy
Aug 9, 24 Benchmark
Buy
May 22, 24 Benchmark
Buy
Apr 2, 24 Deutsche Bank
Hold
Oct 6, 23 Citigroup
Buy
Sep 6, 23 Rosenblatt
Buy
Sep 5, 23 Wolfe Research
Outperform
Aug 8, 23 Benchmark
Buy
Aug 3, 23 Morgan Stanley
Overweight
Jul 12, 23 Citigroup
Neutral

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Institutional Ownership

Liberty Media Names Derek Chang as President & Chief Executive Officer
Liberty Media Names Derek Chang as President & Chief Executive Officer
Liberty Media Names Derek Chang as President & Chief Executive Officer
FWONA
businesswire.comJanuary 8, 2025

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media has appointed Derek Chang as its new President and Chief Executive Officer.

Liberty Media Statement on European Commission Decision to Open Phase II Investigation of Proposed Acquisition of MotoGP™
Liberty Media Statement on European Commission Decision to Open Phase II Investigation of Proposed Acquisition of MotoGP™
Liberty Media Statement on European Commission Decision to Open Phase II Investigation of Proposed Acquisition of MotoGP™
FWONA
businesswire.comDecember 19, 2024

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media has released a statement regarding the European Commission's decision to start a Phase II investigation into their planned purchase of MotoGP™.

EU to decide on F1 owner Liberty Media's MotoGP deal by Dec. 19
EU to decide on F1 owner Liberty Media's MotoGP deal by Dec. 19
EU to decide on F1 owner Liberty Media's MotoGP deal by Dec. 19
FWONA
reuters.comNovember 19, 2024

Liberty Media, the U.S. owner of Formula One, is looking to acquire Dorna, the company that runs MotoGP. The decision from EU antitrust regulators will be made by December 19, according to a filing from the European Commission.

F1 Owner Liberty Media To Spin Off Entertainment Assets as CEO Steps Down
F1 Owner Liberty Media To Spin Off Entertainment Assets as CEO Steps Down
F1 Owner Liberty Media To Spin Off Entertainment Assets as CEO Steps Down
FWONA
investopedia.comNovember 13, 2024

Liberty Media (FWONA, FWONK, LLYVA, LLYVK) has announced its intention to separate most of its entertainment assets, excluding Formula One, into a new company called Liberty Live. Additionally, CEO Greg Maffei will be leaving his position.

Liberty Media Corporation - Liberty Formula One Series A (FWONA) Surpasses Q3 Earnings and Revenue Estimates
Liberty Media Corporation - Liberty Formula One Series A (FWONA) Surpasses Q3 Earnings and Revenue Estimates
Liberty Media Corporation - Liberty Formula One Series A (FWONA) Surpasses Q3 Earnings and Revenue Estimates
FWONA
zacks.comNovember 12, 2024

Liberty Media Corporation - Liberty Formula One Series A (FWONA) reported quarterly earnings of $0.48 per share, which is higher than the Zacks Consensus Estimate of $0.31 per share. This is an increase compared to earnings of $0.39 per share from the same period last year.

Earnings Estimates Rising for Liberty Media Corporation - Liberty Formula One Series A (FWONA): Will It Gain?
Earnings Estimates Rising for Liberty Media Corporation - Liberty Formula One Series A (FWONA): Will It Gain?
Earnings Estimates Rising for Liberty Media Corporation - Liberty Formula One Series A (FWONA): Will It Gain?
FWONA
zacks.comOctober 30, 2024

Liberty Media Corporation's Liberty Formula One Series A (FWONA) shares have begun to rise and may keep increasing soon, based on positive changes in earnings forecasts.

Here's Why Momentum in Liberty Media Corporation - Liberty Formula One Series A (FWONA) Should Keep going
Here's Why Momentum in Liberty Media Corporation - Liberty Formula One Series A (FWONA) Should Keep going
Here's Why Momentum in Liberty Media Corporation - Liberty Formula One Series A (FWONA) Should Keep going
FWONA
zacks.comOctober 30, 2024

If you're searching for stocks that are likely to continue their recent growth, Liberty Media Corporation - Liberty Formula One Series A (FWONA) might be a good option. It is among the stocks that have successfully met our "Recent Price Strength" criteria.

Liberty Media Corporation Announces Refinancing and Maturity Extension of Formula 1 Debt Facilities and Incremental Funding Related to MotoGP™ Acquisition
Liberty Media Corporation Announces Refinancing and Maturity Extension of Formula 1 Debt Facilities and Incremental Funding Related to MotoGP™ Acquisition
Liberty Media Corporation Announces Refinancing and Maturity Extension of Formula 1 Debt Facilities and Incremental Funding Related to MotoGP™ Acquisition
FWONA
businesswire.comSeptember 20, 2024

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation (“Liberty”) (Nasdaq: FWONA, FWONK, LLYVA, LLYVK) announced that it successfully completed the refinancing of its first lien Term Loan B and extended the maturity of its first lien Term Loan A and revolving credit facility for some subsidiaries of Delta Topco Limited, which is the Liberty subsidiary that owns its Formula 1 interests, on September 19, 2024. Delta Topco Limited and its subsidiaries (“Formula 1”) have refinanced the previous loans.

Formula One Group (FWONA) Q2 2024 Earnings Call Transcript
Formula One Group (FWONA) Q2 2024 Earnings Call Transcript
Formula One Group (FWONA) Q2 2024 Earnings Call Transcript
FWONA
seekingalpha.comAugust 8, 2024

The Formula One Group (NASDAQ:FWONA) will hold its Q2 2024 Earnings Conference Call on August 8, 2024, at 10:00 AM ET. Key participants include Clare Adams, Greg Maffei, Brian Wendling, Stefano Domenicali, Derek Schiller, and Renee Wilm, along with various analysts from firms like Deutsche Bank and Morgan Stanley. Please note that this call will be recorded.

F1 Owner Liberty Media Buys MotoGP Rightsholder Dorna Sports in $4.5 Billion Deal
F1 Owner Liberty Media Buys MotoGP Rightsholder Dorna Sports in $4.5 Billion Deal
F1 Owner Liberty Media Buys MotoGP Rightsholder Dorna Sports in $4.5 Billion Deal
FWONA
InvestopediaApril 1, 2024

Formula One (F1) owner Liberty Media (FWONK) is expanding its reach into motorsports by purchasing Dorna Sports, the owner of the rights to the MotoGP World Championship.

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FAQ

  • What is the ticker symbol for Formula One?
  • Does Formula One pay dividends?
  • What sector is Formula One in?
  • What industry is Formula One in?
  • What country is Formula One based in?
  • When did Formula One go public?
  • Is Formula One in the S&P 500?
  • Is Formula One in the NASDAQ 100?
  • Is Formula One in the Dow Jones?
  • When was Formula One's last earnings report?
  • When does Formula One report earnings?
  • Should I buy Formula One stock now?

What is the ticker symbol for Formula One?

The ticker symbol for Formula One is NASDAQ:FWONA

Does Formula One pay dividends?

No, Formula One does not pay dividends

What sector is Formula One in?

Formula One is in the Communication Services sector

What industry is Formula One in?

Formula One is in the Entertainment industry

What country is Formula One based in?

Formula One is headquartered in United States

When did Formula One go public?

Formula One's initial public offering (IPO) was on January 10, 2013

Is Formula One in the S&P 500?

No, Formula One is not included in the S&P 500 index

Is Formula One in the NASDAQ 100?

No, Formula One is not included in the NASDAQ 100 index

Is Formula One in the Dow Jones?

No, Formula One is not included in the Dow Jones index

When was Formula One's last earnings report?

Formula One's most recent earnings report was on Nov 7, 2024

When does Formula One report earnings?

The next expected earnings date for Formula One is Feb 27, 2025

Should I buy Formula One stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions