Formula One Group is an American media company that owns and operates the prestigious Formula 1 racing series. The company holds exclusive rights for broadcasting and online streaming of Formula 1 races worldwide. Formula One Group also manages the commercial aspects of Formula 1, including the sale of advertising rights, licenses, and merchandising. Formula 1 is one of the most popular motorsport competitions globally, with a massive international fan base. Thanks to its global reach and prestige, Formula One Group has a strong position in the media industry. Shares of Formula One Group (FWONA and FWONK) may represent an interesting investment opportunity for investors following the sports and media sectors and believing in the attractiveness and growing popularity of Formula 1.