What is the target price for Formula One group's shares?

3 brokerages have issued 1 year target prices for Formula One Group's shares. Their FWONA share price forecasts range from $70.00 to $90.00. On average, they anticipate the company's stock price to reach $77.75 in the next year. This suggests a possible upside of 21.7% from the stock's current price.

Is Formula One group a'super-voting' stock?

There is actually a third share class of Formula One Group, trading under the symbol FWONB, but it only trades over-the-counter in extremely limited volumes and isn’t suitable for most investors. These shares are “super-voting” shares that entitle owners to 10 votes per share. They are 97% owned by insiders in the company.

Will the FIA Formula One World Championship increase FWONK stock price?

The FIA Formula One World Championship, regarded as the pinnacle of international motorsport, has more than half a billion passionate fans around the world. And it’s hoped that the sport’s ongoing expansion will lead to increasing revenue for the company and benefit the FWONK stock price.

Should you buy F1 Group stock?

When it comes to a pure play in the F1 racing game, Formula One Group stock is really the only game in town. Trading under the symbol FWONK, Formula One Group stock is structured a bit differently than other stocks on the exchange. When you buy FWONK stock you don’t technically own a share of the actual company, as you would with other stocks.