Judge Rules IndyCar Champion Alex Palou Owes McLaren $12 Million [Forbes]
Liberty Media Corporation - Series C Liberty Formula One (FWONK)
Last liberty media corporation - series c liberty formula one earnings: 2/28 09:43 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.libertymedia.com/releases.cfm?view=all
Company Research
Source: Forbes
Alex Palou has been ordered to pay McLaren $12 million in damages for breach of contract by a judge in a United Kingdom Commercial Court in London. The ruling was announced in London on Friday, January 23. However, the judge ruled in Palou's favor for the amount McLaren sought in damages to its Formula 1 team and payment of legal fees. The ruling by the judge is focused on damages on Palou breaching his contract to race for McLaren starting in 2024. McLaren had originally sought $30 million in damages, but it was later reduced to $20.7 million. That was for damages allegedly lost in sponsorship, driver salaries and performance earnings. Friday's ruling was Palou's liability was $12 million for damages involving the Arrow McLaren IndyCar team. Palou breached his contract when he said he would not honor the agreement that would have begun in 2024. Details On The Decision The damages awarded to McLaren were tied to loss of sponsorship. Palou was ordered to pay $5.3 million to
Show less
Read more
Impact Snapshot
Event Time:
FWONK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FWONK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FWONK alerts
High impacting Liberty Media Corporation - Series C Liberty Formula One news events
Weekly update
A roundup of the hottest topics
FWONK
News
- Sirius XM: Cash Flow Resilience Is Underappreciated [Seeking Alpha]Seeking Alpha
- Sirius XM Holdings Inc (SIRI) Q4 2025 Earnings Call Highlights: Record Free Cash Flow and ... [Yahoo! Finance]Yahoo! Finance
- Sirius XM (NASDAQ:SIRI) Exceeds Q4 CY2025 Expectations, Stock Soars [Yahoo! Finance]Yahoo! Finance
- Big Changes Are Coming To Ford In 2026 [Yahoo! Finance]Yahoo! Finance
- Sirius XM Holdings Inc. (SIRI): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
FWONK
Sec Filings
- 12/18/25 - Form 4
- 12/17/25 - Form 4
- 12/17/25 - Form 4
- FWONK's page on the SEC website