Formula One Group (FWONA)Communication Services | Entertainment | Englewood, United States | NasdaqGS
81.19 USD
-1.62
(-1.956%) ⇩
(April 21, 2026, 4 p.m.
EDT)
After hours: 81.19 Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★☆☆☆ |
Hot Take | April 18, 2026, 10:41 p.m. EDT
Formula One Group (FWONA) represents a 'High-Conviction Hold/Accumulate on Dips' play based on strong long-term fundamentals: it is the owner of the crown jewel of live sports entertainment, backed by a cash-heavy structure (Liberty Media) and capable of generating ample free cash flow. While the P/E is not cheap (27x forward), it is reasonable given the secular growth in motorsports attendance and rights fees. The 'Hot Take' is that this is a play on F1's inevitable dominance, but investors must be wary of short-term timing; the stock is currently trading above its 200-day moving average (suggesting bullish momentum), yet the high short ratio and low analyst coverage imply a disconnect in the market that could lead to volatile swings once earnings are repriced. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.027470 |
| MSTL | 0.031978 |
| AutoARIMA | 0.032458 |
| AutoETS | 0.032459 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 53% |
| H-stat | 3.02 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.089 |
| Excess Kurtosis | -0.41 |
| Attribute | Value |
|---|---|
| Sector | Communication Services |
| Ex Dividend Date | 2023-07-19 |
| Debt to Equity Ratio | 60.639 |
| Revenue per Share | 17.928 |
| Market Cap | 22,079,336,448 |
| Trailing P/E | 35.15 |
| Forward P/E | 26.40 |
| Beta | 0.74 |
| Profit Margins | 12.38% |
| Website | https://www.libertymedia.com/formula-one-group |
As of April 18, 2026, 10:41 p.m. EDT: Speculators are positioning for a short-term expiration bond in the near money range, with significant Call Open Interest (OI) concentrated at the $100 strike for April 17, suggesting a bulk long position locking in upside or providing bullish gamma exposure at higher levels. However, the Put OI for this same expiry is heavily skewed to the downside ($80 strike), indicating an insurance layer against a drop into the 70s. The disparity in Volume between Calls (42) and Puts (6) for April 17 reveals a net bullish sentiment among active traders, despite the heavy put selling regarding risk management. Long-term option interest (Oct '26) shows balanced OI but more volume in puts, suggesting hedging against volatility or a belief that F1 rights fees might disappoint in the long cycle.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.08319163 |
| Address1 | 12,300 Liberty Boulevard |
| All Time High | 99.52 |
| All Time Low | 16.151764 |
| Ask | 81.49 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 134,130 |
| Average Daily Volume3 Month | 170,826 |
| Average Volume | 170,826 |
| Average Volume10Days | 134,130 |
| Beta | 0.739 |
| Bid | 80.92 |
| Bid Size | 1 |
| Book Value | 30.969 |
| City | Englewood |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 81.19 |
| Current Ratio | 1.462 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 82.99 |
| Day Low | 80.8 |
| Debt To Equity | 60.639 |
| Display Name | Formula One |
| Earnings Call Timestamp End | 1,778,162,400 |
| Earnings Call Timestamp Start | 1,778,162,400 |
| Earnings Timestamp | 1,778,157,000 |
| Earnings Timestamp End | 1,778,157,000 |
| Earnings Timestamp Start | 1,778,157,000 |
| Ebitda | 997,000,000 |
| Ebitda Margins | 0.22245 |
| Enterprise To Ebitda | 25.174 |
| Enterprise To Revenue | 5.6 |
| Enterprise Value | 25,098,047,488 |
| Eps Current Year | 2.13341 |
| Eps Forward | 3.07518 |
| Eps Trailing Twelve Months | 2.31 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,689,811,200 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 79.2668 |
| Fifty Day Average Change | 1.9232025 |
| Fifty Day Average Change Percent | 0.024262397 |
| Fifty Two Week Change Percent | 8.319163 |
| Fifty Two Week High | 99.52 |
| Fifty Two Week High Change | -18.329994 |
| Fifty Two Week High Change Percent | -0.18418403 |
| Fifty Two Week Low | 73.7 |
| Fifty Two Week Low Change | 7.4900055 |
| Fifty Two Week Low Change Percent | 0.1016283 |
| Fifty Two Week Range | 73.7 - 99.52 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,357,828,200,000 |
| Float Shares | 242,597,345 |
| Forward Eps | 3.07518 |
| Forward P E | 26.401707 |
| Free Cashflow | 664,249,984 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 1,674 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.33713 |
| Gross Profits | 1,511,000,064 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01845 |
| Held Percent Institutions | 0.91165 |
| Implied Shares Outstanding | 271,946,499 |
| Industry | Entertainment |
| Industry Disp | Entertainment |
| Industry Key | entertainment |
| Ipo Expected Date | 2,023-08-04 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,689,811,200 |
| Last Split Factor | 1,018:1000 |
| Long Business Summary | Formula One Group, together with its subsidiaries, engages in the motorsports business in the United States, the United Kingdom, Spain, and internationally. The company holds commercial rights for the Fédération Internationale de l'Automobile (FIA) Formula One World Championship, an annual 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 filming, television production and post-production, and digital and social media activities; provision of freight, logistical, and travel related services, as well as technical support at Formula 1 events; production of the international television feed; and operation of the Formula 1 Paddock Club hospitality program, F2 and F3 race series, and F1 Academy. The company was founded in 1950 and is headquartered in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation. |
| Long Name | Formula One Group |
| Market | us_market |
| Market Cap | 22,079,336,448 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_331718339 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | 596,000,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 22,307,952,046 |
| Number Of Analyst Opinions | 6 |
| Open | 82.99 |
| Operating Cashflow | 870,000,000 |
| Operating Margins | 0.13475999 |
| Payout Ratio | 0.0 |
| Peg Ratio | 11.19 |
| Phone | 720 875 5400 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 81.19 |
| Post Market Time | 1,776,802,204 |
| Previous Close | 82.81 |
| Price Eps Current Year | 38.056446 |
| Price Hint | 2 |
| Price To Book | 2.621654 |
| Price To Sales Trailing12 Months | 4.926224 |
| Profit Margins | 0.123830006 |
| Quick Ratio | 1.367 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -1.62 |
| Regular Market Change Percent | -1.95628 |
| Regular Market Day High | 82.99 |
| Regular Market Day Low | 80.8 |
| Regular Market Day Range | 80.8 - 82.99 |
| Regular Market Open | 82.99 |
| Regular Market Previous Close | 82.81 |
| Regular Market Price | 81.19 |
| Regular Market Time | 1,776,801,601 |
| Regular Market Volume | 86,572 |
| Return On Assets | 0.026589999 |
| Return On Equity | 0.0769 |
| Revenue Per Share | 17.928 |
| Sand P52 Week Change | 0.34445214 |
| Sector | Communication Services |
| Sector Disp | Communication Services |
| Sector Key | communication-services |
| Shares Outstanding | 23,991,058 |
| Shares Percent Shares Out | 0.0047 |
| Shares Short | 1,167,868 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 1,022,976 |
| Short Name | Liberty Media Corporation - Ser |
| Short Percent Of Float | 0.049099997 |
| Short Ratio | 5.99 |
| Source Interval | 15 |
| State | CO |
| Symbol | FWONA |
| Target High Price | 115.0 |
| Target Low Price | 95.0 |
| Target Mean Price | 107.83333 |
| Target Median Price | 110.0 |
| Total Cash | 1,055,000,000 |
| Total Cash Per Share | 4.212 |
| Total Debt | 5,123,999,744 |
| Total Revenue | 4,481,999,872 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 2.31 |
| Trailing P E | 35.147186 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 86.72235 |
| Two Hundred Day Average Change | -5.5323486 |
| Two Hundred Day Average Change Percent | -0.0637938 |
| Type Disp | Equity |
| Volume | 86,572 |
| Website | https://www.libertymedia.com/formula-one-group |
| Zip | 80,112 |