FWONK
FWONK 2-star rating from Upturn Advisory

Liberty Media Corporation Series C Liberty Formula One Common Stock (FWONK)

Liberty Media Corporation Series C Liberty Formula One Common Stock (FWONK) 2-star rating from Upturn Advisory
$92.72
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Upturn Advisory Summary

01/07/2026: FWONK (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

3 star rating from financial analysts

13 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $118.2

1 Year Target Price $118.2

Analysts Price Target For last 52 week
$118.2 Target price
52w Low $75.26
Current$92.72
52w High $109.36

Analysis of Past Performance

Type Stock
Historic Profit 3.48%
Avg. Invested days 50
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 01/07/2026

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 23.94B USD
Price to earnings Ratio -
1Y Target Price 118.2
Price to earnings Ratio -
1Y Target Price 118.2
Volume (30-day avg) 13
Beta 0.73
52 Weeks Range 75.26 - 109.36
Updated Date 01/7/2026
52 Weeks Range 75.26 - 109.36
Updated Date 01/7/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.56

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 5.5%
Operating Margin (TTM) 15.85%

Management Effectiveness

Return on Assets (TTM) 2.22%
Return on Equity (TTM) 2.73%

Valuation

Trailing PE -
Forward PE 86.21
Enterprise Value 28227500046
Price to Sales(TTM) 5.93
Enterprise Value 28227500046
Price to Sales(TTM) 5.93
Enterprise Value to Revenue 6.99
Enterprise Value to EBITDA 31.12
Shares Outstanding 223634694
Shares Floating 239621974
Shares Outstanding 223634694
Shares Floating 239621974
Percent Insiders 4.15
Percent Institutions 100.51

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Liberty Media Corporation Series C Liberty Formula One Common Stock

Liberty Media Corporation Series C Liberty Formula One Common Stock(FWONK) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Liberty Media Corporation is a holding company that operates and owns various media and entertainment businesses. The Series C Liberty Formula One Common Stock represents a tracking stock interest in Liberty Media's Formula 1 business. Formula 1, the premier class of international auto racing, was acquired by Liberty Media in 2017. Since then, Liberty Media has focused on growing Formula 1's fan base, commercial revenues, and global reach through digital media, broadcasting, and event promotion. Significant milestones include the expansion of the F1 calendar, the introduction of new regulations to improve racing, and a strong focus on digital content creation and fan engagement.

Company business area logo Core Business Areas

  • Formula 1: The core business is the ownership and operation of the Formula 1 racing series. This includes managing the sporting, commercial, and media rights of the championship. Liberty Media aims to grow F1's appeal through enhanced fan experiences, digital innovation, and strategic event management. Key activities involve race promotion, broadcasting agreements, sponsorship sales, and managing the F1 brand.

leadership logo Leadership and Structure

Liberty Media Corporation is led by a management team that oversees its various tracking stocks, including the Formula 1 group. John C. Malone is the Chairman. Formula 1 itself is operated by Formula 1 Group, with Stefano Domenicali serving as the CEO and President. The organizational structure is designed to manage the complex operations of a global sporting entity.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Formula 1 Racing Series: The primary offering is the Formula 1 Grand Prix racing series, comprising a global calendar of races featuring the world's top drivers and teams. This includes broadcasting rights, live event experiences, and digital content. While precise market share data for the 'product' of a racing series is not directly comparable to traditional products, Formula 1 is the undisputed leader in premium global motorsport. Its competitors in terms of entertainment and media rights would include other major sporting leagues and entertainment properties.
  • F1 TV: Formula 1's direct-to-consumer streaming service, offering live race coverage, replays, and exclusive content. This product competes with other sports streaming services and traditional broadcasters. Specific subscriber numbers and revenue are often bundled within broader financial reports, but it represents a growing direct revenue stream.

Market Dynamics

industry overview logo Industry Overview

The sports entertainment industry is characterized by massive global appeal, significant media rights values, and increasing demand for digital and personalized content. Motorsport, particularly Formula 1, operates within a niche but highly lucrative segment, driven by technological innovation, global brand recognition, and high-stakes competition. The industry is influenced by trends in broadcast technology, fan engagement platforms, and sustainability concerns.

Positioning

Liberty Media's Formula 1 holds a dominant position as the pinnacle of motorsport globally. Its competitive advantages include its long-standing brand heritage, unique technological innovation, global fanbase, and strong relationships with manufacturers and sponsors. The company has successfully leveraged these advantages to expand its commercial reach and appeal to new demographics.

Total Addressable Market (TAM)

The TAM for global sports entertainment and media rights is in the hundreds of billions of dollars annually. Liberty Media's Formula 1 is positioned to capture a significant portion of this market, particularly within the premium motorsport and global event entertainment segments. Its strategy focuses on expanding its reach within this TAM through new markets, digital platforms, and enhanced fan experiences.

Upturn SWOT Analysis

Strengths

  • Global brand recognition and prestige of Formula 1.
  • Strong relationships with major automotive manufacturers and sponsors.
  • Increasingly innovative digital and media content strategy.
  • Growing fan engagement and accessibility through F1 TV and social media.
  • Potential for significant growth in emerging markets.

Weaknesses

  • High operational costs associated with running a global racing series.
  • Dependence on a limited number of teams and manufacturers.
  • Potential for regulatory changes impacting car technology and engine regulations.
  • Environmental concerns associated with motorsport.

Opportunities

  • Further expansion into new geographical markets (e.g., Asia, North America).
  • Growth of F1 TV and other direct-to-consumer offerings.
  • Development of new content formats (e.g., esports, documentaries).
  • Leveraging sustainability initiatives to enhance brand image.
  • Potential for new team entries and manufacturer involvement.

Threats

  • Competition from other global sporting leagues and entertainment properties.
  • Economic downturns impacting sponsorship and fan spending.
  • Changes in broadcast rights landscape and streaming consumption patterns.
  • Potential for safety incidents impacting brand perception.
  • Increasing scrutiny on environmental impact.

Competitors and Market Share

Key competitor logo Key Competitors

  • NASCAR (US Stock Symbol: None - Private)
  • IndyCar Series (US Stock Symbol: None - Private)
  • MotoGP (US Stock Symbol: None - Private)
  • Other Global Sports Leagues (e.g., NFL, NBA, Premier League - Publicly Traded)

Competitive Landscape

Formula 1's primary advantage is its global reach, technological sophistication, and premium brand image, setting it apart from domestic racing series like NASCAR and IndyCar. While other global sports leagues compete for entertainment spending, F1 occupies a unique position within motorsport. Its disadvantages can include higher operating costs and a perception of exclusivity compared to more accessible motorsports.

Growth Trajectory and Initiatives

Historical Growth: Formula 1 under Liberty Media has experienced significant historical growth, marked by increasing fan engagement, expanded race calendars, and substantial revenue growth. The company has successfully broadened F1's appeal beyond traditional motorsport enthusiasts.

Future Projections: Future projections for Liberty Formula One are generally positive, with analysts anticipating continued revenue growth driven by new race venues, increased media rights values, and expansion of digital platforms. Projections often include an increase in EBITDA and a sustained focus on enhancing the fan experience.

Recent Initiatives: Recent initiatives include the introduction of new regulations aimed at improving racing spectacle, expansion into new markets (like Miami and Las Vegas), a strong push into digital and social media content, and the development of the F1 TV streaming service. Efforts to enhance the fan experience at races and through digital channels are ongoing.

Summary

Liberty Media Corporation Series C Liberty Formula One Common Stock represents a strong player in the global sports entertainment industry. Its core asset, Formula 1, boasts immense brand power and a growing, engaged fanbase, fueled by strategic digital initiatives and an expanding race calendar. The company is well-positioned for future growth in emerging markets and through its direct-to-consumer offerings. However, it must continuously manage high operational costs and navigate environmental concerns to maintain its leading position.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Liberty Media Corporation Investor Relations Filings (SEC)
  • Industry Analysis Reports
  • Financial News Outlets

Disclaimers:

This JSON output is generated for informational purposes only and should not be considered as financial advice. Market share data is an estimation and may vary based on methodology. All financial figures and projections are subject to change and market fluctuations. Investors should conduct their own due diligence before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Liberty Media Corporation Series C Liberty Formula One Common Stock

Exchange NASDAQ
Headquaters Englewood, CO, United States
IPO Launch date 2014-07-08
President & CEO Mr. Stefano Domenicali
Sector Communication Services
Industry Entertainment
Full time employees -
Full time employees -

Formula One Group, together with its subsidiaries, engages in the motorsports business in the United States and the United Kingdom. The company holds commercial rights for the FIA Formula One World Championship, an annual nine-month long motor race-based competition in which teams compete for the Constructors' championship and drivers compete for the Drivers' championship. It is also involved in the provision of ticket and hospitality packages to sports and entertainment events; licensing, television production, and other ancillary activities; and provision and sale of freight, logistical, and travel services, as well as the operation of Formula 2, Formula 3 and F1 Academy series. The company was founded in 1950 and is headquartered in Englewood, Colorado. Formula One Group is a subsidiary of Liberty Media Corporation.