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 »
6y 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...
6y ago from GPBlog.com
Wolff: Hosting fees are not sustainable
Liberty Media needs to look at other avenues for generate income for...
6y ago from PlanetF1.com
Wolff: Track fees not sustainable
Toto Wolff has warned that the sport needs to focus more on other revenue...
6y 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...
6y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
MotoGP bans 2027-spec bike tests until conclusion of...
No description available...
2h ago from Motorsport.com
Marc Marquez cruises to MotoGP Sprint victory at Jerez
Ducati’s Marc Marquez cantered to a record-equalling fifth consecutive...
1d ago from MotorsportWeek.c...
Pedro Acosta still ‘focused' on KTM amid Honda...
Pedro Acosta's manager Albert Valera has provided an update regarding his...
1d ago from MotorsportWeek.c...
MotoGP teams agree on new rule for riders returning...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Scott McLaughlin on Alex Palou's supreme form:...
No description available...
6h ago from Motorsport.com
The game-changing decision that put Christian...
No description available...
23h ago from Motorsport.com
Christian Lundgaard ‘could not have dreamed’ of...
Christian Lundgaard has logged a sensational trio of races, and has...
1d ago from MotorsportWeek.c...
Rinus VeeKay’s defensive masterclass leads to best...
Sunday’s IndyCar race at Barber proved to be one of the best in some...
23h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rally Portugal set to feature record-equaling WRC...
No description available...
5d ago from Motorsport.com
Toyota Gazoo Racing's silver lining
Toyota Gazoo Racing has a silver lining, literally. Not content with a...
1w ago from MotorsportWeek.c...
Hyundai was 'clearly unprepared' for WRC Canary...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Man United handed transfer boost as Bryan Mbeumo 'is...
Christian Norgaard admits that Brentford teammate Bryan Mbeumo is 'likely'...
1h ago from SportsMole.co.uk
PSG vs. Arsenal: Mikel Arteta told 'the only way'...
Arsenal and Mikel Arteta are told the 'only way' they will beat Paris...
1h ago from SportsMole.co.uk
PSG injury news: Ousmane Dembele availability...
Luis Enrique provides the latest update on the availability of star...
1h ago from SportsMole.co.uk
'He was an Arsenal fan as a youngster': 29-G/A star...
Aston Villa striker Ollie Watkins has been linked with a move away from...
1h ago from CaughtOffside.com
Comments
Hottest News
Christian Horner ramps up McLaren pressure as allegations...
Red Bull has hinted at McLaren using an illegal... Read More »
8h ago from RacingNews365.com
Red Bull urge FIA to act after fierce Max Verstappen duels
Christian Horner feels wheel-to-wheel combat in... Read More »
4h ago from RacingNews365.com
Chrsitian Horner: McLaren F1 are ‘in a league of their...
Red Bull boss Christian Horner said McLaren were... Read More »
1h ago from MotorsportWeek.com
