Formula 1

Motorsport league Formula 1, which is owned by Liberty Formula One (NASDAQ:FWONA) (NASDAQ:FWONK) returns to the United States this weekend with the third annual Miami Grand Prix. Here are some of the top storylines for the race. Donald Trump Fundraising: Former President Donald Trump continues his...

Actor Ryan Reynolds may be best known for his role in movies like the "Deadpool" franchise, which has its third movie coming out this year. The actor is also becoming increasingly known for his investing and entrepreneurship thanks to a series of billion-dollar companies. What Happened: A thread on...

Casino and resort operator MGM Resorts International (NYSE:MGM) reported fourth-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: MGM Resorts reported fourth-quarter revenue of $4.38 billion, which was up 22% year-over-year. The revenue total beat...

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,...

Streaming giant Netflix Inc (NASDAQ:NFLX) is one of several companies that could disrupt the traditional media companies dominating the world of live sports. The company announced another live sports special and shared data on just how successful its sports docuseries were in 2023. What Happened:...

Streaming companies continue to enter the race to grab media rights for sports leagues with live sports content still attracting millions of viewers and a top staple for advertisers. E-commerce company Amazon.com, Inc (NASDAQ:AMZN) was among the streaming companies that have landed sports rights...

One of the central figures of the short squeeze saga that pitted retail investors against hedge funds and short sellers could be adding “sports team owner” to his resume. What Happened: Citadel CEO and founder Ken Griffin recently made the move to Miami. The move could play a factor in...

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 (...

As the battle for sports rights heats up with more streaming companies entering the race, one of the largest streaming companies might be sitting on the bench. What Happened: Netflix Inc (NASDAQ: NFLX) might not be a major player in the live sports market, the company told investors and analysts...

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...

Roku Inc (NASDAQ: ROKU) is the latest streaming platform to enter the live sports market. What Happened: The New York-based company announced Tuesday that it will be the official streaming home of motorsports league Formula E for the U.S. This marks the first live sports rights package for Roku,...

Streaming giant Netflix Inc (NASDAQ: NFLX) has seen several phases growth. This includes partnering with other media companies on content before launching its own original series and movies. The company is now working on ways to diversify itself, which include video games, merchandise,...

Premier Formula 1 ticket distributor, Platinium Group, is venturing into the realm of non-fungible tokens (NFTs) by launching NFT race passes, starting with the much-anticipated Monaco Grand Prix. This innovative project is the result of a collaboration with Elemint, a blockchain infrastructure...