
There has never been a better time to invest in stocks in the sports entertainment space than right now. With global sports broadcasting deals reaching unprecedented figures and the rise of digital streaming services enhancing accessibility, now is a golden opportunity for investors to zero in on key sports entertainment-related stocks.
Formula One Group (NASDAQ: FWONA)
Formula one is making good use of a recent surge in popularity after Netflix’s hit series Drive to Survive introduced the sport to new viewership. Formula One Group’s parent company, Liberty Media, plans to expand on this opportunity and strike a new U.S. media rights deal after ESPN’s contract expires after the 2025 season.