Liberty Media Corporation’s Liberty Formula One Group is represented by the Liberty Formula One Series A tracking stock, traded under the symbol FWONA on the Nasdaq. The group primarily reflects Liberty Media’s ownership and operation of Formula 1, the global motorsport championship. Its business includes managing Formula 1’s commercial rights, promoting races, negotiating media and sponsorship agreements, and developing licensing and hospitality opportunities associated with the sport.
Formula 1 serves an international audience through a calendar of races hosted across Europe, the Americas, Asia, the Middle East and Australia. The business generates activity through broadcast and digital media rights, race promotion, sponsorship, advertising, merchandising and other commercial partnerships. Liberty Media completed its acquisition of Formula 1’s parent company, Delta Topco, in 2017.
Liberty Media completed its acquisition of MotoGP in 2025, adding the premier global motorcycle racing championship to the Formula One Group. The tracking stock is designed to reflect the economic performance of the Formula One Group rather than represent a direct ownership interest in a separate legal entity. Liberty Media is chaired by John C. Malone, while Formula 1 is led operationally by President and Chief Executive Officer Stefano Domenicali.
AI Generated. May Contain Errors.