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Liberty Media stock price collapses as potential race cancellations take hold

Liberty Media's stock price for its Formula One Group (FWONK) collapsed 15% on what is being dubbed Black Monday, as coronavirus fears begin to take serious hold. As things stand, F1 is travelling to Melbourne for the opening race of the season this weekend and the race will go ahead as scheduled, but what will happen after that is anyone's guess. Article continues under video 'Not a chance' - Australian GP will not run without fansRead more Bahrain officials have already stated that the race there set to take place the following week will be behind closed doors, while beyond that China has already been cancelled and Vietnam remains in serious doubt. The stock market as a whole was spooked...
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