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Formula One Group (FWONK)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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71.46-0.07 (-0.10%)
As of 03:38PM EDT. Market open.

Formula One Group

12300 Liberty Boulevard
Englewood, CO 80112
United States
720 875 5400
https://www.libertymedia.com/companies/formula-one-group.html

Sector(s)Communication Services
IndustryEntertainment
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Stefano DomenicaliPresident & CEON/AN/A1965
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. It is also involved in the operation of the Formula 1 Paddock Club hospitality program; and provision of freight, logistical, and travel related services for the teams and other third parties, as well as the F2 and F3 race series. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group is a subsidiary of Liberty Media Corporation.

Corporate Governance

Formula One Group’s ISS Governance QualityScore as of June 1, 2024 is 10. The pillar scores are Audit: 6; Board: 10; Shareholder Rights: 10; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.