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 race director validates the chaos caused by...
No description available...
19h ago from Motorsport.com
How advice from Marquez is helping Martin recover from...
No description available...
17h ago from Motorsport.com
Jorge Martin sets sights on MotoGP return in Qatar...
No description available...
19h ago from Motorsport.com
Fabio Di Giannantonio ‘seized the moment' to...
Fabio Di Giannantonio "seized the moment" to earn his first...
20h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Renovated IMS museum reopens with all-new displays
The Indianapolis Motor Speedway Museum reopened on Wednesday following a...
20h ago from MotorsportWeek.c...
New livery revealed for Kyle Larson's Indy 500 / Coke...
Kyle Larson will be attempting to compete in IndyCar’s Indianapolis 500...
1d ago from MotorsportWeek.c...
Kyle Larson's McLaren-Hendrick paint schemes revealed...
No description available...
1d ago from Motorsport.com
The difficult transition from Indy NXT to IndyCar is...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Evans wins brutal Safari Rally to boost WRC title bid
No description available...
1w ago from Motorsport.com
Elfyn Evans bags the big game on Safari
Elfyn Evans and Scott Martin claimed their maiden Safari Rally Kenya...
1w ago from MotorsportWeek.c...
Katsuta loses fifth after dramatic final-stage Safari...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal could make the most of 'new twist' and beat to...
The summer transfer window is all set to open on the 1st of June due to...
1h ago from CaughtOffside.com
Arsenal fans will fume as Harry Kane...
Arsenal are increasingly likely to miss out on the signing of Leroy Sane...
1h ago from CaughtOffside.com
The strikers Man Utd, Liverpool, Arsenal, Chelsea want...
Manchester United, Liverpool, Arsenal and Chelsea are all expected to...
1h ago from SkySports.com
16-G/A this season: Arsenal ready to pay full release...
Arsenal are looking to improve their attacking unit with the signing of...
1h ago from CaughtOffside.com
Comments
Hottest News
F1 2025 Japanese Grand Prix – FP1 Results
McLaren's Lando Norris went fastest during first... Read More »
6h ago from MotorsportWeek.com
F1 2025 Japanese Grand Prix – FP2 Results
McLaren's Oscar Piastri rounded out Friday's... Read More »
2h ago from MotorsportWeek.com
Yuki Tsunoda finding ‘exaggerated' Red Bull feeling...
Yuki Tsunoda said the feeling in his Red Bull is... Read More »
1h ago from MotorsportWeek.com
