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 »
6y 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...
6y 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...
6y 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...
6y 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...
6y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Monster gains presence on Ducati's bike, but fails to...
No description available...
12h ago from Motorsport.com
Morbidelli thinks riding old Ducati will actually help...
No description available...
15h ago from Motorsport.com
Alpine becomes Pramac's main partner in MotoGP
No description available...
1d ago from Motorsport.com
Marquez: It's “dangerous” to think Ducati will...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Juncos Hollinger shows off new-look livery for 2025...
Juncos Hollinger Racing unveiled a new look for the 2025 NTT IndyCar...
6d ago from MotorsportWeek.c...
IndyCar takes over promotion of Nashville event
IndyCar’s Music City Grand Prix will be promoted internally by IndyCar...
5d ago from MotorsportWeek.c...
Scott McLaughlin on track to repeat Supercars success...
After spending the last four years moving up the ranks in the NTT IndyCar...
6d ago from MotorsportWeek.c...
Christian Lundgaard hails ‘pure racing’ aspect of...
Christian Lundgaard is beginning his fourth full season driving in the...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
1d ago from Motorsport.com
Rovanpera: Difficult WRC Monte Carlo opener “not a...
No description available...
1d ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
2d ago from Motorsport.com
WRC Monte Carlo: Ogier claims record-extending 10th...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Kieran Tierney to Celtic: Brendan Rodgers confirms...
Brendan Rodgers confirms that Kieran Tierney's return to Celtic 'will...
2h ago from SportsMole.co.uk
Girona vs Arsenal Prediction and Betting Tips | 29th...
No description available...
6h ago from SportsKeeda.com
Team News: Girona vs. Arsenal injury, suspension list,...
Sports Mole rounds up all of the latest injury and suspension news ahead...
5h ago from SportsMole.co.uk
Comments
Hottest News
Hamilton Ferrari radio REVEALED as McLaren set for LEGAL...
Lewis Hamilton’s first team radio message has... Read More »
2h ago from GPFans.com
'Hamilton's old braking woes at Mercedes, a thing of the...
Ferrari's Lewis Hamilton and Charles Leclerc are... Read More »
7h ago from GPBlog.com
Lewis Hamilton continues Ferrari 2025 F1 preparations with...
Lewis Hamilton’s preparations for his debut F1... Read More »
3h ago from MotorsportWeek.com
