Name of opportunity: 👀
Liberty Media Group
Off into the sunset: 🏍️
The deal is expected to go through by the end of 2024. MotoGP has been described as Formula One for two-wheel vehicles - it’s not surprising that Liberty Media took an interest, as it bought Formula One in 2017. MotoGP will continue to be based in Madrid and run by Dorna Group, which will now become an independently run company as part of Liberty Media.
How hot is this investment opportunity? 🔥🔥🔥
Liberty Media’s trading stock FWONK, which is part of their Formula One division, is currently rated a ‘Strong Buy’ by analysts. It’s predicted to increase in value over the next 12 months, meaning that if you invested $1000, you might profit $142.89.
Liberty Media is considered by analyst to be in ‘Above Average’ financial health.
One group, three divisions: 3️⃣
Liberty Media Corporation divides its operations into three divisions: Formula One Group, which MotoGP will become a part of, Liberty SiriusXM Group and Liberty Live Group. Liberty SiriusXM Group is in the field of online and digital radio, and bought the streaming service Pandora in 2018. Liberty Live Group owns Live Nation Entertainment, the result of a merger between events and venues company Live Nation and ticket sales agent Ticketmaster. As you can see, Liberty Media has an overall interest in entertainment, media and events, as it specialises in these areas.
Which neme?: 🔍
Find this one by searching directly for ‘Liberty Media Group’ or ‘FWONK’ - it’s not currently listed under any of our nemes.
