Formula One

Apple Inc.'s (NASDAQ:AAPL) Original Films' "F1: The Movie," starring Brad Pitt, has exceeded expectations, banking $10 million in previews and is on track for a $115 million global opening, while "M3GAN 2.0" is off to a slower start. What Happened: Directed by Joseph Kosinski, the Formula One...

Motorsport league Formula 1, which is owned by Liberty Formula One (NASDAQ:FWONA) (NASDAQ:FWONK) returns to the United States this weekend with the third annual Miami Grand Prix. Here are some of the top storylines for the race. Donald Trump Fundraising: Former President Donald Trump continues his...

Formula One (F1) is experiencing a significant shift in its fanbase, with the popular Netflix Inc (NASDAQ:NFLX) series “Drive to Survive” playing a pivotal role. The show has not only attracted a more diverse audience but has also transformed the way fans engage with the sport. What...

In a recent announcement, luxury sports car manufacturer Ferrari NV (NYSE:RACE) has projected a rise in its revenue and core earnings for 2024. This projection is based on a robust order book and the company’s successful performance in 2023. What Happened: in its Q4 results presentation on...

Formula One rejected a proposal to add an all-American team to the racing series — a move that could stymie growth in the U.S. What Happened: Formula One, which trades as Liberty Formula One Group (NASDAQ:FWONA)(NASDAQ:FWONK), nixed a proposal by former Formula 1 driver Michael Andretti. Andretti,...

Once a staple for traditional media companies, the rights to sports leagues have proven to be strong telecasts for viewership and advertising revenue. Thanks to the success of a sports deal that has benefitted from Lionel Messi’s move to Major League Soccer (MLS), technology giant Apple Inc (...

Sui secured a multiyear partnership with Formula One's Oracle Red Bull Racing team, marking its most significant collaboration since its inception as a blockchain less than a month ago. The news nudged the value of Sui's native token (CRYPTO: SUI) up by 1.7%, albeit temporarily....

Over the weekend, Twitter CEO Elon Musk was spotted at Red Bull's Formula One paddock ahead of the Miami Grand Prix. And in response to a tweet from ESPN on Saturday, the billionaire entrepreneur called for a race between a pure EV and a hybrid ...

After more than 20 years out of the sport, Ford Motor Company (NYSE: F) is returning to Formula 1 racing. Here’s a look at why the time is now for Ford and how it could help the automaker's push into electric vehicles. What Happened: Ford announced it is partnering with the Red Bull...

A leading media holding company that owns several entertainment assets and sports-related companies is reclassifying its public companies, a move that could give investors a more direct way to own a professional sports team What Happened: There are only a handful of sports teams that are...

As Singapore lines up a slew of conferences and other events including the Formula One Grand Prix, hotel room rates have soared in the island nation, Bloomberg reported. What Happened: As of Thursday, digs at top spots from the Marina Bay Sands to the Raffles...

The global racing sport of Formula One is seeing strong viewership and an increased fan base. The sport may find itself in PR crisis mode with its former CEO of 40-plus years making some positive comments about one of the most hated men in the world, adding to the recent controversy of people...

Leading sports network ESPN has renewed rights for one of the most popular racing leagues in the world, beating out several other players and raising the annual amount paid to the league. What Happened: Formula 1 has renewed its deal for U.S. media rights with ESPN, a unit of The Walt Disney...

The Denver Broncos are breaking records this week off the football field. The National Football League franchise is being sold to an ownership group that includes Rob Walton, one of the heirs of Walmart Inc. (NYSE: WMT), for a reported $4.65 billion. The sale price tops the $2.4 billion price tag...

Shareholders of Liberty Formula One (NASDAQ: FWONA)(NASDAQ: FWONK) could soon be excited as the global racing league continues to expand and grow its viewership across the U.S. The success will likely increase the amount the league gets in a new media rights deal. What Happened: As Benzinga...