Fan of F1? Here's How You Can Invest in Your Favorite Sport
In this video, I will be talking about how every F1 fan can invest in their favorite sport. I will explain why Formula One Group (NASDAQ: FWONA) has become very popular in recent years and how it can become even bigger in the future. You can find the video below.
Liberty Media acquired F1 in 2017, and since then Formula One Group has been a publicly listed company. However, it is a tracking stock, meaning this allows you to invest in the Formula One part of the Liberty Media business without being exposed to the rest of its business.
Since 2017, Liberty Media has been pushing hard to bring F1 to more people, especially in the U.S. CEO Stefano Domenicali said:
Source Fool.com
