Susquehanna analyst Joseph Stauff lowered the firm’s price target on Liberty Formula One (FWONK) to $120 from $121 and keeps a Positive rating on the shares. The firm noted favorable effects of the new movie “F1” on F1 engagement and noted a new bidder for F1’s US media rights in Apple that was reported in credible publications (Sportico) that Apple (AAPL) is bidding $180m for the rights (versus their $165m estimate), and also that pricing for LV GP tickets (the company’s only owned and operated race) in November has gone up roughly 25% over the past week following its adjusted pricing strategy in 2026 to start on the lower side and build dynamically with demand.
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