Formula One Group (FWONA)
Formula One Group operates in the Entertainment industry of the Communication Services sector, headquartered in Englewood, CO, US. The stock last traded at $94.65, up 1.30% on the session, giving a market capitalisation of $23.72B. On trailing twelve-month figures it carries a trailing P/E of 51.44, a net margin of 10.6%. Its beta of 0.71 implies it has historically moved less than the broad market.
Formula One Group is involved in the motorsports industry, conducting business both in the United States and globally. Its primary function is holding the commercial rights to the Formula One World Championship, an extensive motor racing series that unfolds over approximately nine months each year. In this competition, teams contend for the constructors' championship, while individual drivers vie for the drivers' championship. The company was founded in 1950 and maintains its headquarters in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.
Formula One Group is most often compared with the following Communication Services names: