Citi downgrades Formula One to neutral, says record performance is already priced in

Published Mon, Apr 25 20229:13 AM EDT

Formula One F1 - Bahrain Grand Prix - Bahrain International Circuit, Sakhir, Bahrain - March 20, 2022 General view during the race.

Thaier Al-sudani | Reuters

Shares of red-hot Formula One Group are likely to come back to the pack in the months ahead, according to Citi.

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