Liberty Media Corporation Series A Liberty Formula One Aktie News

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation to Present at MoffettNathanson Media, Internet & Communications Conference.

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces First Quarter Earnings Release and Conference Call.

Formula One (F1) owner Liberty Media (FWONK) is expanding its reach into motorsports by purchasing Dorna Sports, the owner of the rights to the MotoGP World Championship.

Formula One's U.S.-based owner Liberty Media is expected to announce a takeover of MotoGP's parent company within days and for more than 4 billion euros ($4.32 billion), Sky News reported on Sunday.

Formula One Group (FWONK) stock is nearing its all-time high as the new season starts in Bahrain this week. It jumped by over 4% on Thursday as it closed at $72.76, the highest point since August 27th.

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Fourth Quarter Earnings Release and Conference Call.

Reiterating a buy rating for FWONK based on a positive outlook for adjusted OIBDA growth driven by top line growth and operating leverage. 3Q23 Adjusted OIBDA beat expectations, driven by healthy performance in main revenue drivers. I expect the Vegas Grand Prix to generate strong revenue and create new revenue streams, but higher year-one operating expenses have impacted valuation.

Formula One, governing FIA and a rebranded Extreme H series announced on Thursday they were setting up a joint hydrogen working group to evaluate the technology's future use in motorsport.