Formula One Group Could Be Undervalued By 50%

In a previous article we wrote about how we found Formula One Group (NASDAQ:FWONK) an attractive investment opportunity now that the company had new management. However, we did not present a valuation of the company. Given the complex nature of what assets and liabilities are attributed to the Formula One Group tracking stock we thought it would be helpful to share our valuation and also our reasons for viewing the stock as undervalued.

You can read the rest of the article on SeekingAlpha.com by clicking here.

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