Susie Wolff is upending F1's ‘boys club' with an all-female racing empire [Fortune]
Liberty Media Corporation - Series A Liberty SiriusXM (LSXMA)
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Source: Fortune
“I'll be honest, there's still some days when I think this feels like a boys' club,” she said. Crowned the world's “most valuable sport empire” by Forbes , the global racing league and its parent company Liberty Media are estimated to be worth a staggering $16 billion . Its 20 drivers race at speeds around 200 mph from the outskirts of Milan to the lavish Yas Island of Abu Dhabi to the picturesque scenes of Monaco . The 10 teams are rewarded handsomely for their victory laps– Red Bull reportedly netted a $140 million payday from the 2023 championship–and have received increasing media spotlight with Netflix's viral Formula 1: Drive to Survive docuseries. One small issue: There are no women driving in the league. Of the more than 700 drivers who have raced in the series throughout F1's 74-year history, only five have been women. No female driver has competed in a race since 1992, and there's only ever been one female team principal. Liberty Media 's board of directors is also do
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- The Liberty SiriusXM Group (NASDAQ: LSXMA) had its "in-line" rating re-affirmed by analysts at Evercore ISI. They now have a $27.00 price target on the stock, down previously from $36.00.MarketBeat
LSXMA
Sec Filings
- 6/24/24 - Form PRER14A
- 6/20/24 - Form 4/A
- 6/17/24 - Form 4
- LSXMA's page on the SEC website