Formula One Group (FWONK) is a publicly traded company in the Communication Services sector, operating within the Entertainment industry. The company is headquartered in Englewood, CO, United States. The current CEO is Stefano Domenicali.
FWONK has IPO date of 2014-07-08, 6,486 full-time employees, listed on the NASDAQ Global Select, a market capitalization of $22.74B.
Formula One Group operates as a leading motorsports entertainment company, holding the exclusive commercial rights to Formula One, the world's premier annual motor racing championship. The company manages the global competition where teams and drivers compete across approximately nine months for the constructors' and drivers' championships, respectively. With operations spanning the United States and international markets, Formula One Group generates revenue through broadcasting rights, sponsorships, and race events. Founded in 1950 and headquartered in Englewood, Colorado, the company operates as a subsidiary of Liberty Media Corporation, leveraging its parent company's media and entertainment expertise to drive global growth and fan engagement.
