Liberty Media Corporation Series C Liberty Formula One Common Stock (FWONK)
Summary
Liberty Media Corporation - Liberty Formula One Series C (FWONK) Misses Q3 Earnings Estimates
Liberty Media Corporation - Liberty Formula One Series C (FWONK) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.48 per share a year ago.
Earnings Preview: Liberty Media Corporation - Liberty Formula One Series C (FWONK) Q3 Earnings Expected to Decline
Liberty Media Corporation - Liberty Formula One Series C (FWONK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Are Consumer Discretionary Stocks Lagging Liberty Media Corporation - Liberty Formula One Series C (FWONK) This Year?
Here is how Liberty Media Corporation - Liberty Formula One Series C (FWONK) and Monarch Casino (MCRI) have performed compared to their sector so far this year.
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Liberty Media Corporation Series C Liberty Formula One Common Stock Profile
| Entertainment Industry | Communication Services Sector | Stefano Domenicali CEO | NASDAQ (NGS) Exchange | 531229854 CUSIP |
| US Country | 6,486 Employees | - Last Dividend | 20 Jul 2023 Last Split | - IPO Date |
Overview
The Formula One Group, operating under its subsidiary Formula 1, is a prominent player in the international motorsports industry, particularly known for its management and promotion of the FIA Formula One World Championship. This premiere auto racing competition spans approximately nine months each year and features teams competing for the esteemed constructors' championship and drivers vying for the drivers' championship. Founded in 1950 and headquartered in Englewood, Colorado, Formula One Group leverages its commercial rights to the FIA Formula One World Championship to orchestrate a globally recognized motor racing competition. It operates as a subsidiary of Liberty Media Corporation, indicating its integration into a broader portfolio of media, communications, and entertainment businesses.
Products and Services
Formula 1 Paddock Club Hospitality Program
This exclusive hospitality service offers unparalleled access and views of the Formula 1 races, providing elite experiences for guests. The Formula 1 Paddock Club is renowned for its premium positioning at race tracks, offering gourmet catering, open bars, and unique behind-the-scenes access to the sport, emphasizing luxury and exclusive engagement with the Formula 1 experience.
Freight, Logistical, and Travel Related Services
Formula One Group facilitates a comprehensive array of services to ensure the smooth operation of the race series events. This includes transportation of teams' equipment around the world, logistics management ensuring all necessary gear arrives safely and on time for each race, and travel coordination for teams and associated parties. This service spectrum is critical to the seamless execution of global race events, highlighting the operational expertise behind the scenes of the high-octane races.
F2 and F3 Race Series
In addition to the Formula One World Championship, Formula One Group also supports the F2 and F3 race series, serving as developmental platforms for up-and-coming drivers aiming to compete at the highest levels of motor racing. These series are integral to the motorsport ladder, providing younger drivers with the opportunity to showcase their talent on a globally recognized stage, and preparing them for the potential to ascend into Formula 1 racing in the future.
Contact Information
