Jim Cramer Calls Formula One Group a 'Must-Own' Stock Amid Market Volatility

Jim Cramer, host of CNBC’s 'Mad Money,' recently highlighted Formula One Group (F1G) as a compelling investment, stating investors are 'getting an amazing opportunity to make some real money.' His comments emerged during a period of heightened market volatility, with the CBOE Volatility Index (VIX) trading above 22 and crude oil futures (CL=F) near $89 per barrel. Cramer emphasized F1G’s strong global brand, expanding digital and streaming revenue streams, and growing commercial partnerships across Asia and North America. He pointed to the company’s 2025 revenue of $1.7 billion and adjusted EBITDA of $710 million as evidence of sustainable growth, despite a 12% year-over-year decline in race attendance in select European markets. The stock, trading at $47.30 as of March 8, 2026, represents a 19% discount to its 52-week high, according to public market data. Cramer argued the valuation reflects short-term headwinds rather than fundamental weakness, citing upcoming race expansions in Saudi Arabia, Japan, and Mexico as catalysts for future earnings upside. Market reaction was muted, with F1G shares rising just 1.2% in early trading. Analysts note that while Cramer’s endorsement may boost retail interest, institutional investors remain cautious due to regulatory scrutiny in the EU and the group’s reliance on a limited number of high-profile events. Still, the commentary has increased trading volume by 38% over the past three days.