News Details

Wolff: New model could bring less money

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. News of this has seen representatives from the Baku and Hockenheim races looking for improved deals in the future. Mercedes team boss Toto Wolff believes that Liberty will struggle to replicate the sort of deals that Bernie Ecclestone always seemed to get done. 'Sanction fees were one of the three key revenue generators...
Full Story »
7y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Liberty Media race changes could mean less revenue,...

Mercedes boss Toto Wolff feels that Liberty Media's change in approach to...
7y ago from GPFans.com

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: F1 can't rely on high race-hosting fees

Photo by: www.kymillman.com/f1 I won’t disagree with Mercedes boss Toto...
7y ago from TheParcFerme.com

Wolff: Hosting fees are not sustainable

Liberty Media needs to look at other avenues for generate income for...
7y ago from PlanetF1.com

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...
14h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Project One confirms WRC27 entry

Founded by experienced motorsport engineer Lionel Hansen alongside former...

Popular On GunnersToday.com

Mikel Arteta admits long-term future at Arsenal...

t;li>Spaniard approaches sixth anniversary in chargeArteta ‘has to...
6h ago from TheGuardian.com

'It has to be this year' - Thierry Henry sends PL...

Arsenal legend Thierry Henry has told club manager Mikel Arteta to avoid...
12h ago from SportsKeeda.com

'I don't want to leave' – Arsenal star ends all...

Gabriel Jesus has delivered a powerful statement of intent regarding his...
18h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.