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Added to YB: 2025-02-24

Pitch date: 2024-12-31

FWONK [bullish]

Formula One Group

+1.27%

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 and the United Kingdom.

Market Cap

$24.5B

Pitch Price

$92.59

Price Target

N/A

Dividend

N/A

EV/EBITDA

31.64

P/E

118.22

EV/Sales

7.19

Sector

Entertainment

Category

growth

Show full summary:
Cooper Investors Global Equities Fund Portfolio Holding: Formula One Group

FWONK: F1 owner with strong operating trends & fan engagement. LVMH 10-yr deal outbids Rolex. Value upside from improved monetization (Media Rights, Race Promotion, Commercial), MotoGP acquisition, and strategic value from Liberty Live Group spin-off. Converting from tracking stock to asset-backed company.

Read full article (1 min)