Liberty Media Corporation Series C Liberty Formula One Common Stock
FWONK · XNCM · Entertainment · United States
Liberty Media Corporation Series C Liberty Formula One Common Stock is a non-voting tracking stock that provides economic exposure to the Formula One Group. This group encompasses Liberty Media's wholly-owned subsidiaries, including Formula 1, the global motorsports business holding exclusive commercial rights to the FIA Formula One World Championship, and MotoGP, the premier motorcycle racing series. The stock reflects the performance of these entities, along with other minority investments, focusing on motorsports entertainment through live events, digital media, sponsorships, broadcasting rights, and fan engagement initiatives. As part of Liberty Media's structured capital, the Series C shares differ from Series A (one vote per share) and Series B (ten votes per share, exchangeable for Series A), offering investors participation in the dynamic growth of international racing leagues without voting rights, except in specific circumstances. Founded in 1991 and headquartered in Englewood, Colorado, Liberty Media positions the Formula One Group as a key player in the competitive sports and entertainment sector, driving revenue from global audiences, team partnerships, and media distribution.
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Entertainment
Communication Services sector · United States
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This company does not currently pay dividends.