Time to Race Into Formula One Stock?
A lot of investors, myself included, dream of owning a slice of their favorite sports team. But with many leagues and teams staying private, individual investors have historically been shut out from investing in all but a few of their favorite franchises. However, since being acquired by Liberty Media in 2017, racing league Formula One Group(NASDAQ:FWONA) has been a publicly listed company.
The league is available as a tracking stock, which means the business is still a subsidiary of Liberty Media…
