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Formula 1 Stock Hits 52-Week High, Announces 11th Team With General Motors/Andretti Global After Max Verstappen's Fourth Straight Title
Monday, November 25, 2024 - 7:15pm | 1075Formula 1 is expanding with an 11th team joining the global motorsport for the 2026 season, naming General Motors (NYSE:GM) with Andretti Global. While the new team is still over a year away from starting, it will add an increased American presence to the sport and more competition for recent and...
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Formula 1 Drivers React To Cannabis Smell At Las Vegas Grand Prix: 'Everyone Would Test Positive'
Friday, November 22, 2024 - 5:22pm | 453The Las Vegas Grand Prix kicked off with an unexpected twist this week at Formula 1. During the second free practice session, it wasn't the usual track talk about lap times or track conditions being discussed by the drivers. Instead, they were commenting on the pervasive cannabis aroma filling the...
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Analysis: Formula One Adds Las Vegas—Here's Why US Growth Is So Important As Stock Hits 52-Week Highs
Friday, April 1, 2022 - 3:46pm | 1441Racing league Formula One confirmed a third U.S. race to happen in 2023. Here are the details about the announcement and why continued growth for the league in the U.S. is so important for the company and potentially, the stock. What Happened: Formula One, a publicly-traded...