Formula 1

The invasion of Ukraine by Russia has impacted the world and sports will likely be no exception. Several sports leagues have taken measures to change their schedules and condemn the actions of Russia. Athletes with ties to both Russia and Ukraine have also spoken out on the events. Sports Leagues...

Leading global racing league Formula 1 turned in a strong 2021 with a first place battle for the ages. The company recently shared an update on viewership and growth seen in 2021 and has its sights set on the 2022 season, which kicks off this week. What Happened: Formula 1, publicly traded as...

Professional sports leagues continue to warm up to the cryptocurrency industry with sponsorship deals for leagues, teams and players. Here’s the latest signed deal. What Happened: The Red Bull Racing F1 team announced the signing of a multi-year partnership with Bybit, a...

Max Verstappen claimed his first F1 world championship title by overtaking rival Lewis Hamilton on the final lap of Sunday's Abu Dhabi Grand Prix.  Verstappen was able to catch and pass Hamilton after a late safety car restart. Although his victory could be in...

The Abu Dhabi Grand Prix is underway, it's the 22nd and final race in the 2021 Formula 1 season. For the first time since 1974, the Formula 1 finale will decide the winner of the season. Mercedes driver Lewis Hamilton and Red Bull driver Max...

Anyone who has watched a Formula 1 race in 2021 knows it has been one of the most memorable seasons the sport has ever seen. Viewers and followers also know the season has produced a heated rivalry between the two best drivers. Those two drivers battle it out on Dec. 12 in the...

Crypto.com (CRYPTO: CRO) traded over 8.5% higher on Sunday night among heightened interest from social media users. What Happened: CRO traded 8.71% in the green at $0.13 at press time. The cryptocurrency has spiked 6.95% for the week. Since the year began, CRO has risen 117.36%. Against the two...

The world-renowned racing competition Formula 1 is partnering with a cryptocurrency platform Crypto. com, which will become its global partner and inaugural partner of its F1 'Sprint" series. What Happened: According to an announcement shared with Benzinga, Crypto.com will be...

When the Formula 1 (F1) season kicks off this weekend, Plug Power Inc’s (NASDAQ: PLUG) logos will visible on Alpine F1’s A521 cars and racewear. What Happened: On Friday, Plug Power announced it has partnered with the Alpine F1 team, formerly Renault F1. The partnership is an...

Wunderlich has maintained its Hold rating on Liberty Media Group (NASDAQ: LMCA), which brought more Formula 1 investors on board via $1.55 billion share sale at a discount. Liberty issued shares of its Series C Liberty Media common stock at a price of $25.00 per share in connection with its...

FBN Securities sees Liberty Media Group (NASDAQ: LMCA)'s Formula One deal as a game changer, given the $33.68 fair value for the company's shares, which is 17.54 percent above its current weighted average level. Catalyst The firm noted that Liberty Media announced its decision to buy Formula One...

Citi Equity Research upgraded Liberty Media Group (NASDAQ: LMCA) shares from Neutral to Buy on the addition of Formula One (F1). Analysts, Jason Bazinet and Michael Cohen, lifted the target price by $10 from $22 to $32. 'Transformative' Move The comments come on the heels of the company agreeing to...

Michael Kors Holdings Ltd (NYSE: KORS) gained 0.28 percent on Wednesday trading, helped by the announcement of a new partnership with the McLaren-Honda Formula 1 team. According to the agreement, Kors will become the official lifestyle partner of the McLaren-Honda team. This union will strengthen...