The first entertainment stock we're looking at here, Liberty Formula One Group, is the motor racing arm of the larger Liberty Media Corporation. Liberty Media operates through two publicly traded subsidiaries, and Formula One occupies what is quietly described as 'pinnacle of motorsports.' Taken together, the motor racing arms that make up the Formula One Group are responsible for the FIA's (the International Automobile Federation, whose sport division governs automobile racing) Formula One World Championsh ...