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
Why MotoGP hails 2025 season as a...
MotoGP promoter Dorna Sports has described the conclusion of the 2025...
19h ago from MotorsportWeek.c...
Honda wouldn’t even be in top 10 without mid-year...
No description available...
20h ago from Motorsport.com
Marc Marquez propels MotoGP to record figures in 2025
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
15h ago from Motorsport.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
1d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
2d ago from Motorsport.com
IndyCar boss Doug Boles explains new officiating system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Romet Jürgenson to compete in opening three WRC2...
The rising Estonian talent is joined by co-driver Siim Oja and start...
43m ago from MotorsportWeek.c...
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
43m ago from MotorsportWeek.c...
Gregoire Munster to contest Dakar Rally and WRC Monte...
No description available...
18h ago from Motorsport.com
Toyota brings Corolla back to rallying with all-new...
No description available...
22h ago from Motorsport.com
Popular On GunnersToday.com
“He’s taken my players too cheaply” - David...
Everton manager David Moyes has said that Arsenal counterpart Mikel Arteta...
33m ago from SportsKeeda.com
Mikel Arteta insists he won't 'lie' to Arsenal players...
Arsenal manager Mikel Arteta has admitted he can't 'lie' to his players...
1h ago from CaughtOffside.com
Improved performance needed for Everton away
Morning all. It's another late Saturday kick-off as we travel to Everton...
23m ago from Arseblog.com
“I shouldn’t be saying this” - Bukayo Saka...
Arsenal superstar Bukayo Saka has revealed that he was a huge fan on...
3h ago from SportsKeeda.com
Comments
Hottest News
Vasseur calls for ‘better job everywhere’ to save...
Ferrari are bracing for a searching winter of... Read More »
43m ago from F1i.com
Ferrari prepare F1 fans for 2026 launch as key date...
Ferrari have announced the date for the launch of... Read More »
33m ago from GPFans.com
Outside Line: I blame the Verstappen title loss on...
Paul Velasco writes in Outside Line: I blame... Read More »
1h ago from GrandPrix247.com
