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
BMW admits 2027 MotoGP entry “not viable” as it...
No description available...
8h ago from Motorsport.com
Why 2026 is the right time for Ducati to field six...
No description available...
1d ago from Motorsport.com
Fabio Quartararo pushes for Yamaha V4, blames gap to...
No description available...
1d ago from Motorsport.com
Marc Marquez shares initial reaction to new MotoGP...
Marc Marquez shared his verdict on the new Balaton Park MotoGP circuit...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Nolan Siegel predicts new Arrow McLaren shop will...
Arrow McLaren recently announced details for its new IndyCar race shop,...
1d ago from MotorsportWeek.c...
How Palou can clinch his fourth IndyCar championship...
Alex Palou is the man of the moment in IndyCar, and currently holds a 121...
3d ago from MotorsportWeek.c...
Alex Palou claims FOX’s investment will be...
No description available...
2d ago from Motorsport.com
FOX Corporation acquires one-third stake in IndyCar...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
3d ago from Motorsport.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
5d ago from MotorsportWeek.c...
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
4d ago from Motorsport.com
Kalle Rovanpera relieved to finally achieve...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
‘Where I feel at home’: Ethan Nwaneri signs new...
t;li>Forward, 18, agrees five-year contract‘I see this as my first...
51m ago from TheGuardian.com
Al-Nassr open talks to sign Arsenal target as they...
Al-Nassr have reportedly initiated talks to sign Arsenal target Kingsley...
4h ago from SportsKeeda.com
Official: Important Arsenal deal confirmed –...
Arsenal's new contract for young attacking midfielder Ethan Nwaneri has...
3h ago from CaughtOffside.com
Nwaneri signs new Arsenal deal
Ethan Nwaneri has signed a new long-term contract with Arsenal.
3h ago from SkySports.com
Comments
Hottest News
Lewis Hamilton highly-anticipated announcement drops
Lewis Hamilton teased it on July 28, and now the... Read More »
5h ago from RacingNews365.com
George Russell in demand as TWO teams look to pry F1 star...
George Russell's services are in demand by at... Read More »
1h ago from GPFans.com
McLaren F1 chief confirms No 1 driver stance in epic title...
McLaren CEO Zak Brown has issued an open letter... Read More »
40m ago from GPFans.com
