In 2017, Liberty Media made a blockbuster $4.6 billion acquisition of the Formula 1 (F1) Championship, which is the premier global racing competition. At the time, many experts believed Liberty overpaid because of F1's minimal presence in the U.S., which is the world's most valuable sports media market.

However, Liberty had a vision, and F1 is now bigger than ever. In fact, the most valuable of the 10 teams -- Ferrari -- is currently worth more than $3.1 billion on its own. Six of the 10 teams are valued at $1 billion or more, which speaks to the strength of the sport.

Investors can buy a stake in F1 through Liberty Media Formula One (NASDAQ: FWON.A) (OTC: FWON.B) (NASDAQ: FWON.K) stock.

Continue reading

Source Fool.com