Added to YB: 2026-03-13
Pitch date: 2026-01-16
FWONK [bullish]
Formula One Group
-4.07%
current return
Author Info
No bio for this author
Company Info
Formula One Group, together with its subsidiaries, engages in the motorsports business in the United States, the United Kingdom, Spain, and internationally.
Market Cap
$21.3B
Pitch Price
$88.80
Price Target
123.00 (+46%)
Dividend
N/A
EV/EBITDA
24.56
P/E
39.56
EV/Sales
5.82
Sector
Entertainment
Category
value
Formula One Group - $FWONK
FWONK: High-quality defensive biz w/ recurring rev (race promotion 29%, media 33%, sponsorship 19%). Apple deal $140-150M/yr (flat vs ESPN after F1 TV offset). MotoGP acquisition adds growth. PT $123 on $4.25 FY27 FCF/share at 29x (vs 26.5x today). Catalysts: 2nd Saudi race, TKO or PIF buyout. Downside limited at 21x P/FCF on bond-like revenue.
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