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Old 28th January 2024, 20:43   #1
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You can become an F1 shareholder

FWONK traded on the nasdaq represents the shares of Formula One Group, the commercial rights holder and organizer of the FIA Formula One World Championship.

Liberty Media Corporation owns and controls Formula One Group through Liberty Formula One. FWONK, is the tracker stock symbol for Liberty Media Corporation Series C Liberty Formula One common stock.

This stock performance is driven by increasing popularity of Formula One, particularly in the United States and emerging markets, thanks to factors like the Netflix documentary "Drive to Survive" and cost-saving measures. However the company has not made a profit as yet.

https://www.nasdaq.com/market-activity/stocks/fwonk
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