Liberty Formula 1 (Series C) (FWONK)
Communication Services · Motorsport & Live Entertainment
The world's premier motorsport operator, owning and operating Formula 1 and MotoGP with a global portfolio of racing events and broadcast partnerships.
What Liberty Formula 1 (Series C) does
Liberty Media owns and operates Formula 1 (through Delta Topco Limited) and MotoGP, two of the world's most valuable motorsport franchises. The company generates revenue primarily from motorsport operations including race events held worldwide, with significant operations headquartered in the U.K. and Spain. Liberty also derives income from broadcast rights, sponsorships, and ancillary entertainment services related to these major racing properties. Following a series of strategic separations, Liberty Formula One now focuses exclusively on motorsport and live entertainment operations.
Themes: ["motorsport / Formula 1","live events and entertainment","media rights and broadcasting","global sports franchises"]
Fundamentals
- Price$95.91 as of 2026-07-09 close
- Market cap$23.5B as of 2026-07-10
- 1-year return-3.1% as of 2026-07-09 close
- P/E42.42 as of 2026-07-10
- Net margin+12.4% as of 2026-07-10
- Gross margin+33.7% as of 2026-07-10
- ROE+7.2% as of 2026-07-10
- Debt / equity0.66 as of 2026-07-10
- Revenue growth (YoY)+22.7% as of 2026-07-10
- Revenue CAGR (3y)+12.3% SEC XBRL
- Beta0.70 as of 2026-07-10
Key risks (from latest filing)
["Dependence on broadcast licensing and sponsorship revenues, which can be volatile and subject to renegotiation","Regulatory and political risks across multiple international jurisdictions where races are held","Significant capital expenditure requirements for event operations and circuit maintenance"]
Competitors & peers
- Live Nation Entertainment
- International Speedway Corporation
- Speedway Motorsports
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.