T. Rowe Price Investment Management, Inc., a registered investment adviser, initiated a new position in Formula One Group (NASDAQ:FWONK) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 8,559,125 shares of the Communication Services company, valued at approximately $843.2M as of the filing date.
Formula One Group's stock currently trades at $86.80 with a market capitalization of $31.0B.