News Details
Wolff: Income could drop with new model
Mercedes boss Toto Wolff believes that Liberty Media will find it more and more difficult to keep the level of income as high as it was, under the new model. Next year’s planned grand prix in Miami will be run under a different model, with F1 taking a share of gate and hospitality income, instead of the old system, where a promoter paid a fee which then escalated as years went on. “Sanction fees were one of the three key revenue generators in the old Bernie F1 business model,” Wolff said. “And he was exceptional at these deals. “I’m not sure it is sustainable, “It is clear when there is a change of regime that people and promoters will...
Full Story »
Full Story »
7y ago from GPBlog.com
0
You May Also Be Interested In...
Wolff: New model could bring less money
Toto Wolff believes that Liberty Media will find it more and more...
7y ago from PlanetF1.com
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: F1 can't rely on high race-hosting fees
Photo by: www.kymillman.com/f1 I won’t disagree with Mercedes boss Toto...
7y ago from TheParcFerme.com
F1 race promoters stepping up efforts to reduce fees -...
Toto Wolff believes that in the future Formula 1 will no longer be able...
7y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP legend shares how ‘different level’ Marc...
Five-time 500cc champion Mick Doohan believes the way Marc Marquez...
5h ago from MotorsportWeek.c...
Fabio Quartararo staying “a little bit out” of...
No description available...
7h ago from Motorsport.com
Trackhouse boss reveals steps MotoGP must take to...
Trackhouse owner Justin Marks has revealed how he plans to promote his...
1d ago from MotorsportWeek.c...
Aleix Espargaro to undergo surgery after vertebral...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
How to watch IndyCar 2026 at Long Beach: Weekend...
No description available...
5h ago from Motorsport.com
Exclusive Q&A: Mick Schumacher believes 'great things...
No description available...
1d 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...
1d ago from MotorsportWeek.c...
Mike O’Gara named IndyCar’s Vice President of...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
1d ago from Motorsport.com
Why WRC Croatia victory was “quite special” for...
No description available...
3d 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...
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Tactics Column: Lessons for Arsenal against Man City's...
It may sound counterintuitive, but Mikel Arteta might, before what is...
23m ago from Arseblog.com
Paul Merson predicts Manchester City vs Arsenal,...
Manchester City are the favourites to win the Premier League if they beat...
3h ago from SportsKeeda.com
'We’ll be ready for it' - Arsenal star Declan Rice...
Arsenal star Declan Rice has sent a message to Manchester City ahead of...
3h ago from SportsKeeda.com
Former Arsenal & Liverpool star Alex Manninger...
Former Arsenal and Liverpool goalkeeper Alex Manninger has tragically died...
5h ago from CaughtOffside.com
Comments
Hottest News
F1 return given green light for 2028 after 13-year absence
The green light has been given internally for a... Read More »
2h ago from GPFans.com
Red Bull staring at 2027 crisis as Max Verstappen ally...
Despite the announcement he will be moving to F1... Read More »
42m ago from GPFans.com
Liam Lawson reacts to wild online rumour about Supercars...
Liam Lawson to Supercars during the April break?... Read More »
1h ago from RacingNews365.com
