Formula One Group (FWONB) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Formula One Group (FWONB) trades at $90.00. Formula One Group (FWONB) is a leading entity in the global motorsports sector, managing the commercial rights for the prestigious Formula 1 World Championship. Market cap: $23.3B, Sector: Communication services.
Price as of Aug 21, 2026 · Last analyzed: Jun 14, 2026Analyst Coverage for FWONB: FWONB does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FWONB against Communication Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
FWONB: the 3 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.
How is this calculated? →Formula One Group (FWONB) Media & Communications Profile
Formula One Group (FWONB) is the exclusive commercial rights holder for Formula 1, leveraging a global fanbase and high barriers to entry to drive revenue through race promotion, broadcasting, and sponsorships in the competitive motorsports industry.
What Is the Investment Thesis for FWONB?
Formula One Group's investment thesis revolves around its unique position in the motorsports industry, characterized by a profit margin of 17.7% and a gross margin of 33.1%. Key value drivers include the growing global interest in motorsports, innovative broadcasting strategies, and expanding sponsorship deals. The company's P/E ratio of 24.38 indicates a premium valuation that reflects its strong market position. Growth catalysts include the increasing viewership of Formula 1 races, particularly in emerging markets, and the potential for new digital content offerings. However, risks such as macroeconomic sensitivity and regulatory changes in motorsports could impact future performance. Investors should closely monitor these dynamics to assess the company's ongoing growth potential.
Based on FMP financials and quantitative analysis
FWONB Key Highlights
Market Cap of $23.3B reflects strong investor confidence and market position.
- P/E ratio of 24.38 indicates premium valuation relative to industry peers.
- Profit margin of 17.7% showcases effective cost management and operational efficiency.
- Gross margin of 33.1% exceeds many competitors in the entertainment sector.
- Beta of 0.67 suggests lower volatility compared to the broader market.
Who Are FWONB's Competitors?
FWONB is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| FNCTF Orange S.A. | $19.38 | +5.56% | $51.5B | 56 |
| SCMWY Swisscom AG | $79.38 | -0.16% | $41.1B | 62 |
| TLGPY Telstra Group Limited | $16.70 | -0.65% | $37.2B | 42 |
| BAIDF Baidu, Inc. | $11.62 | -12.68% | $31.6B | 49 |
| UMGNF Universal Music Group N.V. | $17.43 | +0.90% | $32.0B | 48 |
| ROKU Roku, Inc. | $156.80 | -0.62% | $23.3B | 93 |
| FWONA Formula One Group | $95.60 | -0.42% | $24.0B | 64 |
| FOX Fox Corporation | $60.45 | +0.10% | $26.5B | 94 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FWONB's Key Strengths?
Strong brand equity and recognition in the global sports market.
- Diverse revenue streams from broadcasting, sponsorship, and merchandising.
- Established relationships with teams and race venues enhancing operational stability.
- High profit margins indicating effective cost management.
What Are FWONB's Weaknesses?
Dependence on a limited number of major sponsors for revenue.
- Vulnerability to macroeconomic conditions affecting consumer spending.
- Potential regulatory changes impacting the motorsports industry.
- Limited diversification outside of motorsports.
What Could Drive FWONB Stock Higher?
Expansion of digital content offerings to enhance fan engagement.
- Strong viewership trends in key markets driving sponsorship revenue.
- Strategic partnerships with major broadcasters increasing media rights value.
- Potential entry into new emerging markets for Formula 1 races.
- Implementation of sustainability initiatives attracting eco-conscious sponsors.
What Are the Key Risks for FWONB?
Economic downturns affecting consumer spending and sponsorship revenues.
- Regulatory changes impacting the motorsports industry and operations.
- Increased competition from other entertainment and sports properties.
- Dependence on a limited number of major sponsors for revenue.
What Are the Growth Opportunities for FWONB?
- Digital Expansion: The rise of digital platforms presents a significant growth opportunity for Formula One Group. By enhancing its online presence and offering exclusive content, the company can tap into a broader audience. The global online sports streaming market is expected to reach $70 billion by 2027, providing a lucrative avenue for revenue growth.
- Emerging Markets: Formula One Group has the potential to expand its footprint in emerging markets, particularly in Asia and South America. With increasing disposable incomes and a growing interest in motorsports, these regions could significantly boost viewership and sponsorship revenues. The motorsports market in Asia is projected to grow at a CAGR of 10% over the next five years.
- Sponsorship Growth: The company can leverage its strong brand to attract new sponsors, particularly in sectors like technology and automotive. As companies seek to enhance their visibility, Formula One's global reach presents a notable opportunity. The global sports sponsorship market is expected to grow to $65 billion by 2026.
- Enhanced Fan Engagement: Through innovative fan engagement strategies, such as virtual reality experiences and interactive content, Formula One Group can deepen its connection with fans. This could lead to increased viewership and higher revenues from merchandise and ticket sales. The global sports fan engagement market is anticipated to grow at a CAGR of 15% over the next five years.
- Sustainability Initiatives: As the motorsports industry shifts towards sustainability, Formula One Group can capitalize on this trend by promoting eco-friendly practices. This aligns with the growing consumer preference for sustainable brands and can attract new sponsors focused on environmental responsibility.
What Threats Does FWONB Face?
- Intense competition from other entertainment and sports properties.
- Economic downturns affecting sponsorship and viewership.
- Changing consumer preferences and media consumption habits.
- Potential disruptions from technological advancements in broadcasting.
What Are FWONB's Competitive Advantages?
- Exclusive ownership of the commercial rights to Formula 1.
- Established global fanbase with high engagement levels.
- Strong brand recognition and prestige associated with Formula 1.
- High barriers to entry for competitors in the motorsports industry.
- Diverse revenue streams from various sources including media and sponsorship.
What Does FWONB Do?
Founded in 1950, Formula One Group operates within the global motorsports sector, managing the commercial rights for the acclaimed Formula 1 World Championship. The company is headquartered in Englewood, Colorado, and is a subsidiary of Liberty Media Corporation. Over the years, Formula One has evolved from a niche racing series into a global entertainment powerhouse, attracting millions of viewers and substantial sponsorship revenues. The Formula 1 World Championship spans roughly nine months, featuring teams competing for the Constructors' Championship and individual drivers vying for the Drivers' Championship. The company’s strategic management of race promotion, broadcasting rights, and sponsorships has positioned it as a leader in the entertainment industry. With a workforce of 1,184 employees, Formula One Group has developed a robust operational framework that supports its extensive global reach and engagement with fans. This includes partnerships with major broadcasters and sponsors, enhancing its revenue streams and solidifying its market presence.
What Products and Services Does FWONB Offer?
- Manage the commercial rights for the Formula 1 World Championship.
- Promote and organize Formula 1 races globally.
- Generate revenue through broadcasting rights and sponsorship deals.
- Engage with fans through digital platforms and social media.
- Collaborate with teams and race venues to enhance the racing experience.
- Develop marketing strategies to increase brand visibility and fan engagement.
How Does FWONB Make Money?
- Revenue generation through race promotion and ticket sales.
- Broadcasting rights sales to major television networks and streaming platforms.
- Sponsorship deals with global brands and companies.
- Merchandising and licensing of Formula 1-related products.
- Digital content offerings and fan engagement initiatives.
What Industry Does FWONB Operate In?
The global motorsports industry is experiencing significant growth, driven by increasing viewership and engagement across digital platforms. Formula One Group occupies a prominent position within this landscape, benefiting from a dedicated global fanbase and lucrative broadcasting rights. The competitive landscape includes peers such as Orange S.A. (FNCTF), Swisscom AG (SCMWY), and Universal Music Group N.V. (UMGNF), each vying for market share in the entertainment sector. With the global motorsports market projected to grow significantly, Formula One Group's established brand and innovative strategies position it well for continued success.
Who Are FWONB's Key Customers?
- Motorsports fans and enthusiasts globally.
- Television networks and streaming platforms that broadcast races.
- Corporate sponsors seeking visibility and brand association.
- Merchandise consumers purchasing Formula 1 products.
- Event attendees at Formula 1 races.
Company Profile
Formula One Group operates in the Entertainment industry within the Communication Services sector. It is headquartered in Englewood, US. The company is led by CEO Stefano Domenicali. FWONB has traded publicly since 2017.
Financial Health
Formula One Group's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 2.94 places it in the grey zone, a middle ground that warrants monitoring.
Key Financial Metrics
Return on equity for Formula One Group stands at 10.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 5.3%, showing how much profit it generates from its asset base. FWONB trades at a trailing price-to-earnings ratio of 26.12, above the Communication Services sector average of ~18x. Its free cash flow yield is 3.3%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.35 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 3.8%, the inverse of the P/E and a quick read on earnings relative to price.
FWONB Valuation & Market Position
With a $23.3B market cap, Formula One Group sits in the large-cap segment of the market.
Forward Outlook
Wall Street analysts project Formula One Group revenue of about $4.76B for fiscal 2026, with EPS near $0.00. The estimate reflects 18 contributing analysts.
Insider Activity
The most recent 12 insider filings for Formula One Group break down as 0 sales and 12 purchases. On net that is roughly 5.0M shares acquired (about $152.3M) — insiders putting money in tends to read as conviction.
FWONB Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's growth trajectory, indicating that executives believe in the value proposition of Formula One's expanding media rights.
- Community sentiment has leaned positive, with discussions around increased fan engagement and viewership in recent races, reflecting a strong brand appeal.
- The upcoming season promises new innovations and partnerships that could enhance the overall experience, driving more revenue streams for the company.
- Analysts highlight the potential for Formula One to capitalize on the growing global interest in motorsports, especially in emerging markets.
Bear Case
- Concerns over the sustainability of viewership growth have emerged, as some fans express fatigue with the current racing format and demand for changes.
- Recent social media sentiment has shown mixed feelings about the direction of the sport, with some fans questioning the authenticity of new regulations.
- Market perception has been cautious, with some investors wary of the impact of economic downturns on luxury entertainment spending.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
FWONB Latest News
No recent news available for FWONB.
FWONB Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FWONB.
Price Targets
Wall Street price target analysis for FWONB.
FWONB MoonshotScore
What does this score mean?
The MoonshotScore rates FWONB 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Stefano Domenicali
CEO
Stefano Domenicali has extensive experience in the motorsports industry, having previously served as the team principal of Scuderia Ferrari and held various leadership roles in Formula One management. He graduated with a degree in Business Administration and has a strong track record of strategic leadership and operational excellence.
Track Record: Under Stefano's leadership, Formula One Group has focused on enhancing fan engagement and expanding its global reach, resulting in increased viewership and sponsorship revenues. His strategic initiatives have positioned the company for sustainable growth in a competitive landscape.
FWONB OTC Market Information
The OTC Other tier represents companies that trade on the over-the-counter market but do not meet the requirements for higher tiers like NYSE or NASDAQ. This tier typically includes smaller companies or those with less liquidity, offering investors access to a broader range of investments.
- OTC Tier: OTC Other
- Lower liquidity compared to stocks listed on major exchanges.
- Potential for higher volatility due to less trading activity.
- Limited analyst coverage may affect market perception.
- Regulatory risks associated with OTC trading.
- Verify financial performance through recent quarterly and annual reports.
- Assess the company's market position and competitive landscape.
- Review recent news and developments affecting the motorsports industry.
- Evaluate the company's growth strategies and risk factors.
- Check for any legal or regulatory issues impacting operations.
- Affiliation with Liberty Media Corporation enhances credibility.
- Established history and recognition in the global motorsports industry.
- Transparency in financial reporting and disclosures.
- Strong brand presence and engagement with fans.
Common Questions About FWONB (Communication Services)
What does Formula One Group do?
Formula One Group manages the commercial rights for the Formula 1 World Championship, which includes race promotion, broadcasting rights, and sponsorship deals. The company operates globally, engaging with fans through digital platforms and enhancing the racing experience through partnerships with teams and venues.
What do analysts say about FWONB stock?
Analysts generally view FWONB as a strong player in the entertainment sector, with a focus on its unique position in motorsports. Key valuation metrics include a P/E ratio of 24.38 and a profit margin of 17.7%. Analysts highlight growth potential driven by increasing viewership and sponsorship opportunities.
What are the main risks for FWONB?
Main risks for Formula One Group include economic downturns that may impact consumer spending and sponsorship revenues, as well as regulatory changes that could affect the motorsports industry. Additionally, the company faces ongoing competition from other entertainment properties and has a dependence on a limited number of major sponsors.
What are the key factors to evaluate for FWONB?
Evaluate FWONB on fundamentals, analyst consensus, and risk factors. Formula One Group's investment thesis revolves around its unique position in the motorsports industry, characterized by a profit margin of 17.7% and a gross margin of 33.1%. Not financial advice.
How frequently does FWONB data refresh on this page?
FWONB's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven FWONB's recent stock price performance?
Formula One Group (FWONB) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand equity and recognition in the global sports market. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FWONB overvalued or undervalued right now?
Formula One Group (FWONB) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research FWONB before investing?
Before investing in Formula One Group (FWONB), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on the latest available reports and may be subject to change.