Minuk's Musings and Formula 1

Richard Minuk - Feb 02, 2024

If you’re a Formula 1 fan like me, you probably already know that 7X World Champion, Lewis Hamilton of team Mercedes, announced this week that he has signed with Ferrari for the 2025 season.

 

 

Formula 1 has exploded in popularity since Netflix released the docuseries called Drive to Survive on March 8, 2019. Just like an F-1 race, Netflix stock has been on a wild ride but managed to pull off a 62% total return since the launch of the series.

 

 

Now if you want to invest more directly in Formula 1, there is the Formula One Group stock (FWONK) which is a tracking stock according to Yahoo Finance. This means it aims to follows the performance of the Formula 1 division of Liberty Media. It is a relatively new investment and performance so far has been stuck in “NEUTRAL”.

 

 

Or maybe you want to look at an investment with a longer “TRACK” record. Lewis Hamilton will be leaving Mercedes, ticker MBG.

 

 

His new team (2025), Ferrari, is a company with the most on-point stock symbol I’ve ever seen, RACE.

RACE is up a whopping 672% since it began trading in 2015.

 

 

 

The next season of Drive to Survive is out on February 23rd .

 

As always, please reach out if I can be of assistance.

 

Hope you enjoy your weekend.

 

Rich

Investment Advisor