News Details
Wolff: F1 can't rely on high race-hosting fees
Photo by: www.kymillman.com/f1 I won’t disagree with Mercedes boss Toto Wolff on the challenges Formula 1 currently faces. The old business model is being both challenged and deliberately changed by the sport’s new owners and perhaps they have all the bases covered on this. The old notion of moving the series around the world and finding new locations who are willing to pay large race-hosting fees may not be sustainable according to Wolff as several race promoters attended a meeting in Monaco last week to discuss that very notion. “Sanction fees were one of the three key revenue generators in the old Bernie Formula One business model. And he was exceptional at these deals,” Wolff...
Full Story »
Full Story »
7y ago from TheParcFerme.com
0
You May Also Be Interested In...
Wolff: F1 can't carry on with high hosting fees
Mercedes team principal Toto Wolff has warned that the F1 can't continue...
7y ago from GPBlog.com
Wolff: Hosting fees are not sustainable
Liberty Media needs to look at other avenues for generate income for...
7y ago from PlanetF1.com
Wolff: Track fees not sustainable
Toto Wolff has warned that the sport needs to focus more on other revenue...
7y ago from Pitpass.com
Hockenheim the Latest Victim of Increasing Hosting...
Rising circuit fees may be set to claim another race on the Formula 1...
7y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
Trackhouse boss reveals steps MotoGP must take to...
Trackhouse owner Justin Marks has revealed how he plans to promote his...
18h ago from MotorsportWeek.c...
Alex Marquez still involved in Ducati’s MotoGP...
No description available...
21h ago from Motorsport.com
Aleix Espargaro to undergo surgery after vertebral...
No description available...
22h ago from Motorsport.com
Nicolo Bulega is not Ducati's "first choice"...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Exclusive Q&A: Mick Schumacher believes 'great things...
No description available...
14h ago from Motorsport.com
Experienced engineer Mike O’Gara joins IndyCar as...
IndyCar has announced that Mike O’Gara has joined the series as Vice...
16h ago from MotorsportWeek.c...
Mike O’Gara named IndyCar’s Vice President of...
No description available...
17h ago from Motorsport.com
Roger Penske adds voice to discussion on US sports...
Roger Penske, owner of the NTT IndyCar Series and the Indianapolis Motor...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
15h ago from Motorsport.com
Why WRC Croatia victory was “quite special” for...
No description available...
2d ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
£80m star wants transfer this summer, Liverpool have...
Anthony Gordon is reportedly open to leaving Newcastle United this summer...
23m ago from CaughtOffside.com
Report: Arsenal and Chelsea locked in tug-of-war for...
Como’s promising young defender Jacobo Ramón has emerged as one of the...
1h ago from CaughtOffside.com
The Verdict: Arsenal make history with unconvincing...
Sky Sports reporter Dharmesh Sheth rounds up the best of the reaction as...
23m ago from SkySports.com
Arsenal 0-0 Sporting: Gunners lean into their real...
Match report – Player ratings – Arteta reaction Arsenal are...
1h ago from Arseblog.com
Comments
Hottest News
F1 crisis team Aston Martin ‘not a happy ship’, Sky...
Aston Martin is ‘not a happy ship’ according... Read More »
1h ago from GPFans.com
Charles Leclerc and Ferrari are at the crossroads: The F1...
Since Lewis Hamilton's grip on Formula 1... Read More »
43m ago from GPFans.com
Russell calls for F1’s return to the Nürburgring after...
George Russell says he would “love” Formula 1... Read More »
23m ago from F1i.com
