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
Pedro Acosta says teaming up with Marc Marquez would...
No description available...
3h ago from Motorsport.com
Aprilia’s MotoGP advantage not due to special rear...
No description available...
1d ago from Motorsport.com
Why WorldSBK leader Nicolo Bulega could miss out on a...
Rumours surrounding Nicolo Bulega and a possible move to MotoGP in 2027...
1d ago from MotorsportWeek.c...
Renovations begin at Goiania after MotoGP's...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar: A closer look at Mick Schumacher's true pace
No description available...
17h ago from Motorsport.com
Will Power's father okay after wrestling with armed...
No description available...
21h ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
How Takamoto Katsuta’s maiden WRC win is impacting...
No description available...
4h ago from Motorsport.com
Hyundai continues to honour Craig Breen's memory
Hyundai Shell Mobis World Rally Team will run a special livery at this...
1d ago from MotorsportWeek.c...
Hyundai unveils Craig Breen tribute livery for WRC...
No description available...
1d ago from Motorsport.com
Storm damage forces changes to WRC Rally Islas...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'That might be an issue' - Thierry Henry highlights...
France legend Thierry Henry believes Arsenal do not create enough chances...
33m ago from SportsKeeda.com
Man United & City transfer target to cost...
Manchester United and Manchester City are reportedly likely to be the two...
33m ago from CaughtOffside.com
Episode 871 – 1-0 to the Arsenal
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
1h ago from Arseblog.com
'F****** get him in' – Paul Scholes insists...
Manchester United and England legend Paul Scholes has made it clear that...
2h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton brother makes 'biggest announcement' of...
Nicolas Hamilton has carved a successful career... Read More »
1h ago from RacingNews365.com
McLaren's career-killing eyesore and candidate for worst F1...
Beauty is in the eye of the beholder, and most... Read More »
2h ago from MotorsportWeek.com
Did Aston Martin pay Adrian Newey £150m to build an...
Aston Martin's F1 2026 issues could well be down... Read More »
5h ago from GPFans.com
