F1

In a notable pre-market surge, shares of MotorSport Games Inc. (NASDAQ:MSGM) climbed over 20%, following the company’s announcement of regaining compliance with NASDAQ listing requirements. What Happened: At the moment of reporting, MSGM’s shares were valued at $2.81 in the pre-market...

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...

Ferrari (NYSE: RACE) officially confirmed rumors that Mercedes driver Lewis Hamilton will join the Ferrari race team after the 2024 Formula 1 season. Hamilton had been with Mercedes for more than 10 years, joining the German automaker in 2013. He is widely regarded as one of, if not the best...

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,...

The sports betting sector is constantly full of news on the latest regulations, big bets and major sports that are currently in season. The sports-betting weekly wrap summarizes the biggest events from the past week. For more, see last week's weekly wrap. Here are the latest stories in the world of...

The first-ever Las Vegas Grand Prix is set for this weekend and could have a large impact on the continued growth of the Formula 1 (F1) sport in the U.S. and globally. Here's a look at the race and what investors need to know. How to Watch: The Las Vegas Grand Prix will have events and coverage...

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 (...

Hollywood actors Ryan Reynolds and Rob McElhenney have reportedly acquired a stake in the Alpine Formula One team as part of a $218 million deal without putting in any of their own money.  According to The Mail, Reynolds and McElhenney agreed to join a consortium that purchased a 24% stake in...

Toto Wolff is the CEO and team principal of the Mercedes-AMG Petronas Formula 1 racing team, which includes drivers George Russell and Lewis Hamilton. In a recent interview, Wolff shared tips on managing superstars and for long-term success. What Happened: Wolff leads one of the top...

Hedge fund manager Bill Ackman has been known to make some startling calls, including a recent one that the U.S. economy is headed for a “train wreck.” Although, the billionaire investor could have a new place for investors to turn. What Happened: Ackman recently discussed his best...

Porsche will not be entering Formula 1 with Red Bull after all. Porsche was expected to purchase 50% of Red Bull’s F1 team and 50% of Powertrains, Red Bull’s new power unit manufacturer, according to a Financial Times report — but the pair weren’t able to...

Video game company Electronic Arts Inc (NASDAQ: EA) reported first-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Electronic Arts reported first-quarter revenue of $1.767 billion, a 13.9% year-over-year increase. The total came in ahead of a...

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...

Ever wanted to own a piece of a Formula One car? Winning an auction for a non-fungible token could complete the dream for many fans of the global racing sport. What Happened: Formula One, which is owned by Liberty Formula One Group (NASDAQ: FWONA)(NASDAQ: FWONK), is set to race its inaugural...