Tracking stock of Liberty Media Corporation, representing an interest in Formula One Group.
Formula One Group operates within the motorsports industry, both in the United States and internationally. The company holds the commercial rights for the prestigious Formula One World Championship, a global motor racing competition that spans approximately nine months. In this high-stakes contest, teams vie for the constructors' championship while drivers compete for the drivers' championship, attracting millions of fans worldwide.
Founded in 1950, Formula One Group has a rich history and a significant impact on the motorsports arena. Based in Englewood, Colorado, the company has evolved over the decades, maintaining its status as the pinnacle of motor racing. Its events are known for their cutting-edge technology, elite engineering, and the thrilling competition that defines the sport.
As a subsidiary of Liberty Media Corporation, Formula One Group benefits from the broader strategic and financial support of its parent company. This relationship has enabled Formula One to expand its global reach, innovate in areas such as digital engagement and sustainability, and continue to deliver unparalleled experiences to fans and participants alike.