How Formula 1 Teams Make Money

Рет қаралды 1,388,847

5 ай бұрын

CNBC’s Sara Eisen goes inside Formula 1, finding out how the racing league’s most prominent team principals manage their billion-dollar businesses, woo sponsors, and keep advancing their high-tech cars under a recently created cost cap.  Watch the video to find out what it takes to run a cutting-edge race car over the months-long Formula 1 season.
To watch the full documentary, “Inside Track: The Business of Formula 1” and for more content, visit CNBC Documentaries: www.cnbc.com/inside-track-the...
Chapters:
1:29 Chapter 1 - Leading an F1 team
3:39 Chapter 2 - At the starting line
4:48 Chapter 3 - The cost of an F1 team
6:09 Chapter 4 - Raising cash
10:37 Chapter 5 - The cost cap comes in
12:18 Chapter 6 - Racing ahead
Correspondent: Sara Eisen
Produced By: Kathy Liu
Additional Reporting: Christie Gripenburg, Meghan Lisson, Amanda Winograd, Erin Andrews
Edited By: Rich Korn, Candice Goldman
Executive Producer: Wally Griffith
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
#CNBC
How Formula 1 Teams Make Money

Пікірлер: 680

@CNBC 2 ай бұрын

With the highest-rated programming, the priciest ad time and rights deals worth billions, the NFL is the most valuable content in media. And now its moves onto streaming platforms like Amazon Prime Video, KZfaq and Peacock are having ripple effects across the media and tech landscape. Watch this video to learn how streaming is changing the business of the NFL: kzfaq.info/get/bejne/huCXasR_lbmzhoE.html Note: This video is only available for viewers in the U.S.

@ChubbyChicken_ 2 ай бұрын

🙄

@HugoMendez-qy3lt Ай бұрын

How is this relevant to this video?

@Star.line.drones 4 күн бұрын

#NiceVideos Love From Germany / Heidelberg 🖤 ❤️ 💛

@toastman6847 5 ай бұрын

Honeslty the cost cap is such a great thing to be introduced. Makes the teams think harder about designs etc rather than just making it constantly and wasting money

@fluffy-puffy-puppy 3 ай бұрын

Yes great for the wealthy team owners and private equity firm owning the broadcast rights. Not so great for the working class families in England and Italy that rely on the industry to put food on the table.

@philipellington5340 2 ай бұрын

@@fluffy-puffy-puppy😂😂😂😂😂😂

@fluffy-puffy-puppy 2 ай бұрын

Sadly my comment aged well now andretti's entry has been rejected. 😂 hope not too many will lose their jobs 😔

@andrewbragg504 2 ай бұрын

It's not though why should a team with more money be restricted in what they can spend instead of telling the slower team to buck there ideas up n get faster

@Growlizing 14 күн бұрын

Well, at least its good for the shareholders

@paskowitz 5 ай бұрын

You can just tell Horner loves that Ferrari gets a free check from F1 LMAO

@marshalniel 5 ай бұрын

Love it or hate it, F1 will never be the same without Ferarri 😅 Even when they have capable car to win the WDC like in '17 & '18, either the driver or the teams always gave the F1 fans non stop drama

@paskowitz 5 ай бұрын

@@marshalniel Yeah. You really can't have F1 without Ferrari.

@Matthew-ll9ke 5 ай бұрын

Well they literally do

@SiQuemaCuhh 5 ай бұрын

@@paskowitzyea you can. That check should be going to Williams or the second worse team on the grid. Ferrari already make enough money

@RH-rd5js 5 ай бұрын

The third column Ferrari makes 60mil from historical value only, Williams makes 10mil. RB, McLaren & Merc got more than 20-35mil but idk the exact value. The other team doesn't get any. Last year Ferrari make around 200mil from prize only while the winner RB makes only 170mil.

@patrickbateman-cu8gf 5 ай бұрын

Very well done documentary. Great questions, no interruptions, and very engaging. Props to CNBC.

@2MinuteHockey 5 ай бұрын

There's 1 minute of info in a 13 min video

@patrickbateman-cu8gf 5 ай бұрын

@@2MinuteHockey Who cares. It was entertaining nonetheless so I don’t mind.

@vantmaj 5 ай бұрын

Absolutely. Need more of these.

@nielsatoyab6065 3 ай бұрын

No interruptions because F1 racing doesn't have any political views or motives.

@gordon1545 3 ай бұрын

@@nielsatoyab6065 But clearly, you do, and you want it known here. In any case F1 has lots of political views - rainbow-coloured helmets, Mercedes' black cars for BLM, diversity programmes, that kind of thing. Until recently, the sport was mostly watched by old straight white men like me - now it has a much bigger audience. That's obviously a great thing.

@matthoward598 5 ай бұрын

Simple questions. Allowed them to talk uninterrupted. Great segment for people interested finances and newbies to the sport overall.

@msonix 5 ай бұрын

Came here to say this. Kudos to the interviewers and to the team who put this piece together.

@Griemmy 5 ай бұрын

@@msonixamerican media are at its best when they dont sensationalized and promote agenda.

@unhingedninja8565 5 ай бұрын

Moto gp > f1

@matthoward598 5 ай бұрын

@@unhingedninja8565 lol what? Both are awesome. Put wrc up there too. Apples and oranges tho.

@unhingedninja8565 5 ай бұрын

@@matthoward598 wrc is more fun than f1, motocross is the craziest, f1 is too tech oriented to the level that the machine does most of the work and theres not much dynamism to the races, motogp has the amazing wave like leaning, wrc has the thrill of insta crash in the tree, motocross is the final form of death cheaters , 1 mistake and u faceplant

@allareasindex7984 5 ай бұрын

This is the clearest, most accurate, and concise explanation I’ve ever seen.

@commonsense31 5 ай бұрын

Almost every single advancement in modern cars comes from F1 cars. Brakes, fuel efficiency, they are vital to the car industry as a whole

@MrNussbuss 3 ай бұрын

F1 doesn't have that big effect for consumer cars. Group C, Group B and GT1 have done that way better.

@foxesamu 2 ай бұрын

@@MrNussbuss I would say F1 has a fair amount of influence on sports cars and super cars at least

@sergiosanjuan1166 Ай бұрын

Yeah! i agree, maybe not so much nowadays but back in the day with Ferrari and Mclaren I guess they did the best job possible for a fast car and then took some ideas that could translate to the consumer cars. But now i think there is a R&D section whose only purpouse is to make advances with the cars that are directed to the "general population" if you could say because they are still in a category for Luxury (speaking of Ferrari and Mclaren of course)

@702million7 Ай бұрын

maybe people should drive responsibly and keep their car for 25 years. That's what I am doing, I have been bumped by other drivers twice in 30 years, but never caused an accident. After that not once since I had my car for 13 years since new, and take public transport and walk as much as possible.

@versatile.mindset 5 ай бұрын

"They'll be back like the Terminator" great humor 😂😂😂

@bigoutdoors4140 5 ай бұрын

There it is!😂😂😂 I was looking for this comment!

@kakeych 5 ай бұрын

With Toto's similar Austrian accent to Arnold on top of it.

@randomgamer19170 2 ай бұрын

That’s what made the whole terminator reference so funny

@Hazemann 2 ай бұрын

Mercedes F1 is terminator CONFIRMED ❤. I will BACK 😊

@sandytaylor1569 Ай бұрын

I know right that's funny

@jorgemiguelmilano1535 5 ай бұрын

13:33. Toto Wolff saying "I'll be back" would be golden.

@camilo8cheryl 5 ай бұрын

And Both Toto and Arnold are from Austria😂 they both sound the same..

@chickenpit9991 5 ай бұрын

This season's DTS will probably end with Wolff saying "We'll be back"

@eliasmora715 5 ай бұрын

he had say it many times.... just for fun

@buildmotosykletist1987 5 ай бұрын

Toto has said that many times.

@Hazemann 2 ай бұрын

This video is cut version. The full version have Toto said I WILL BACK

@TheBigdutchster 5 ай бұрын

Good report. F1 is experiencing excellent growth the last few years, but in some ways, F1 is not a racing league, it's a money-making machine that is finely tuned.

@YouPube_X 5 ай бұрын

Accurate

@ac24z 5 ай бұрын

...like all professional sports.

@cazadon 5 ай бұрын

Only now they don't care about the racing

@matthew_natividad 5 ай бұрын

@@cazadonwell racing has become more of a business than a sport in the past what 20 years?

@SanjeevKumar-tb8ev 5 ай бұрын

Hey there my friend ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

@dhruvbhartiya5743 5 ай бұрын

00:10 Formula 1 teams are valued at over $15 billion 02:04 Formula 1 team CEOs have multiple roles, with creating a thriving performance framework as their priority. 03:48 Formula 1 teams have high operating costs, including marketing, mechanics, and driver salaries. 05:27 Formula 1 teams make money through sponsor contracts, prize money, and historical benefits. 07:10 Formula 1's global reach connects MoneyGram with its target market. 08:41 Partnerships with sponsors are crucial for the success of Formula 1 teams 10:26 Formula 1 teams are benefiting from improved income and cost caps. 12:01 Formula 1 teams aim to be profitable and increase team values.

@thatguy4noreason 5 ай бұрын

Appreciate your efforts bud 👍

@mourdavi 3 ай бұрын

Thanks!

@firstonegaming3981 5 ай бұрын

F1 is the pinnacle of any car racing. The technology put to the cars, the engineering etc.

@Gravy_Master 5 ай бұрын

Yes, we all know.

@reversal 5 ай бұрын

Fantastic documentation of the sport I love so much! There’s many awful explanations and videos created but this was superb! Glad you guys got to sit down with the team principles and ask some solid questions, would love to see a follow-up featuring other topics in F1!

@victors16811 5 ай бұрын

I love her as an interviewer she always goes straight to the point with great questions

@chookity5311 5 ай бұрын

I never really thought about how the cost cap makes every team more sustainable in F1, and subsequently more attractive as investment opportunities due to improved profitability. Lovely video!

@tinto278 5 ай бұрын

F1: We need money! Australia: Alright guys keep your shirt on, I'll send Daniel Ricciardo and Hollywood. F1 Stonk: 📈$$$$

@M4NA5 5 ай бұрын

*Oscar Piastri’s music starts playing*

@pawieplays 5 ай бұрын

@@M4NA5 This means Danny Ric character somehow made F1 famous(?) lol. Not because he is Australian

@matthiasra1806 5 ай бұрын

@@pawieplays He is basically the main protagonist of Drive to Survive - or at least the fan favorite

@Apipoulai 5 ай бұрын

@@matthiasra1806 I'm Team Gunther. That man is a delight.

@iceman7i 5 ай бұрын

Dont forget Netflix and their drama department!! They deserve some credit too.

@STORM3SHADOW 5 ай бұрын

I've been an F1 fan since the early 90s and seen the sport transform under Liberty Media's ownership. Just a few years ago, if I mentioned F1, most everyone here in America had no clue about it and couldn't name 1 driver. Now, we have 3 races here and an explosion of new fans! Credit Netflix Drive to Survive for 90% of creating the popularity. Its nuts! I like that the sport has grown but also not because the cost of admission has skyrocketed.

@Barcodez5555 5 ай бұрын

yeah but before liberty it was better, now its more show than anything else.... lets make the cars faster they said, lets introduce the drivers like wwe stars they said, lets take that saudi oil money and race there they said..... liberty are just bloodsucking suits, not racers..... also we had Hockenheim and Nuremberg, got it replaced with the Vegas gp..... lol

@MichaelChengSanJose 5 ай бұрын

F1 wouldn’t make it without the Toto and Christian rivalry and they show it.

@buildmotosykletist1987 5 ай бұрын

Both could go tomorrow and the sport would keep growing. Ask Joe Saward. [ EDIT: The only big loss for F1 would be Ferrari (they have a HUGE fan base.) but even the loss of Ferrari would not dent the growth much. ]

@MrSilverfish12 5 ай бұрын

@@buildmotosykletist1987 unless Ferrari and other defected teams start a competitor racing series like we had with A1GP.

@Jobother 4 ай бұрын

The Max vs Lewis season was one of the best, and I really want to see at least one more before Lewis retires.

@buildmotosykletist1987 4 ай бұрын

@@MrSilverfish12 : LOL, A1GP was a one make, nations cup type series. It was definitely not in F1's league.

@ronbelanger4113 3 ай бұрын

F1 is not some silly reality show.

@flipcats 5 ай бұрын

Love how every F1 principal interviews were always Mercedes, Red Bull, McLaren and Haas as they're the most recognizable through the Netflix series.

@marshalniel 5 ай бұрын

F1 fans i think would love Maurizio Arrivabene if he still Ferarri TP. Dude was awesome

@phoenix5054 5 ай бұрын

Guenther is the real star here.

@Dream-Academy 4 ай бұрын

Well the others need charisma transplants.

@thejwviolinist 5 ай бұрын

I think what Zac Brown meant to say was instead of spending money on 10 different wings and choosing one, they now decide to spend money on only one wing and put the rest on his Richard Mille watch!

@basjekrokus1245 5 ай бұрын

For something that has always been for as long currency exists,. if folks like yourself would become wealthy you would even care less about minorities. You smell of contradiction. Don't try to be funny bro

@dodgemF1 5 ай бұрын

He also omitted taking a large chuck of Saudi money to get them out of a precarious position.

@NazriB 5 ай бұрын

Lies again? Gold Cup Gain City Grab Car

@I_Evo 5 ай бұрын

@@dodgemF1Bahrain not Saudi Arabia.

@breadyebutter 5 ай бұрын

Richard Mille sponsor McLaren so Zac is probably being paid to wear it

@Raiyan678 5 ай бұрын

Toto saying the merc is an aerodynamic miracle is the cherry on top. It’s a miracle yes, but not in a good way

@carlosfan9486 5 ай бұрын

Exactly bro, racing fans all agree.

@Nielsballegaard 5 ай бұрын

Still 2nd in the standings tho

@josephrexsienes8129 5 ай бұрын

Why so? Please explain

@SB-dw6hz 5 ай бұрын

its a miracle for other teams lol

@grospipo20 5 ай бұрын

Lol lmao

@bemoremad 5 ай бұрын

CNBC really has been on a roll with these short documentaries. Very well done.

@blitzcraig26 5 ай бұрын

Good mini documentary from CNBC, and props to the interviewer. Questions were on point, and the team principle's answers really helped simplify some concepts, specially around finance. I've always been biased towards factory teams because I believe in the 'Race on Sunday, sell on Monday' concept, and things will get better with more manufacturers trying to enter/ re-enter the sport.

@exa0247 5 ай бұрын

F1 became very popular in such a short time over the last 3 years, they're doing great job with the sport, they're in their prime, I would say F1 right now is easily the second most famous sport in the world behind Football ⚽️

@allanphadi1884 4 ай бұрын

Specially after the sport got featured on Netflix

@johnbee7729 5 ай бұрын

I appreciate the candor and openness from these business insiders. Very refreshing and quite different from most in the corporate world. Then again, their technical secrets are locked down quite strongly.

@ltdada74 4 ай бұрын

It’s by far the most complete competition there is. F1 is a competition not only around drivers, but mainly between companies, personalities, countries, factories, engineers, logistics, development programs and especially since the cost cap finance. No other competition comes close. And it’s all decided on the race track ❤

@jonlamontagne 5 ай бұрын

Dorliton bought Williams Racing for $175 million just 2.5 years ago in August 2020 and Force India sold for just $117 million 2 years before that and changed to Racing Point and then Aston Martin. Both were bought by Hedge Funds. Not to mention Liberty Media another Hedge Fund as well (that became a private equity firm and is now a multi-media company) including F1 itself for $4.4 Billion. Aston Martin just sold a stake for $100 million to Arcos Capital Investment which owns stake in 20 pro sports teams. They own Seat Geek and huge teams like the Red Sox , Cubs, Dodgers, Padres, Astros and Giants in MLB. Inter Miami, Austin, Charlotte, DC United, Houston, Nashville, New England, NYCFC, Philadelphia, Portland, Real Salt Lake, San Jose, Sporting KC, and Toronto in MLS, not going to list all the teams already listed too many but over 15 teams in the NBA!

@gpdawgf1 5 ай бұрын

just be sure not to ask Ferrari about it for the time being

@sidharthk_ 5 ай бұрын

Great questions. Good interviews.

@thokoZ 5 ай бұрын

I’ve been an f1 fan for a while so this didn’t offer any new insight, but it was well done and I imagine really educational for someone just getting into the sport

@MCAzzarati 5 ай бұрын

“Its a bit like the terminator”. Horner imaging Toto saying “I’ll be back” 😂

@Gavsenberg 5 ай бұрын

Haas Thumbnail makes it more funny 😂

@TheIRSneedsme 5 ай бұрын

American media company making an american f1 team their thumbnail😮😮woahhh so funny

@SimRacingVeteran 5 ай бұрын

The thumbnail is a Red Bull.

@Aaronchis 5 ай бұрын

Cringe

@Gavsenberg 5 ай бұрын

@@SimRacingVeteranoriginally it was Haas

@bicyclist2 3 ай бұрын

I love F1. I hope to see a race in person some day. Good questions, good interviews. It would be better if it were longer. Thank you.

@rbesfe 5 ай бұрын

Excellent report, especially the subtle commentary on the BS marketing that goes with the sport and how stupid it is. I get they need to make money, but so many of the phrases these marketing people say are completely alien to how a normal person would talk

@rasaecnai 5 ай бұрын

The money gram commentary is a stretch. I mean what is eally the connection between sending money and racing? LOL Its really all about getting their names on the race track and tv At least Red Bull brands itself as an extreme sports drink.

@spdcrzy 5 ай бұрын

The logic behind the deal itself from MoneyGram's perspective, though - that's actually extremely sound business logic.

@s1nb4d59 5 ай бұрын

Great interviews,thoroughly enjoyed this clip,host was awesome.

@alhambra792 2 ай бұрын

U'll notice the differences in each team. When asked abt their roles as team principal Guenther talks more about sponsorships where Toto and Horner did not mention anything abt sponsorships. The way they answered the questions was a bit more laid back and in general.

@bbnCRLB 5 ай бұрын

This is a well-balanced insight into the sports.

@ianmeechan2040 5 ай бұрын

Loved the doco great production. can anyone tell me what transitions they used for the titles please Thanks.

@DhooomKetu 5 ай бұрын

Simply F1 documenting of F1 sport . Good job CNBC

@geoffcrossley8344 2 ай бұрын

Good content, well structured with good interview questions, well done

@anneleonghaseyo 2 ай бұрын

Hoping to attend a race one day! I don’t even know how I got interested in F1. I think I randomly saw a race clip on IG and voila! Loved the excitement of fast cars and the science behind them. I haven’t watched DTS yet but not sure if I will.

@yedukrishna5816 5 ай бұрын

At 13:20.... Toto saying .. is it good enough to beat redbull, is it good enough to beat MAX VERSTAPPEN... I got the chillsss

@hankrearden5460 5 ай бұрын

I mean he said this at the start of this year, so we will see. Max is the best driver on the grid, with the best team/car concept on the grid to boot. So while i expect it to be closer its hard to beat Max/Redbull/Adrian Newey (chief designer)

@TeixeiraYH 5 ай бұрын

Excellent one! Well done

@seen48 5 ай бұрын

Thanks for doing this. Don’t normally hear to much about money or sponsors. Very cool.

@oftengone 5 ай бұрын

Coming from a 20 year F1 fan. This video was thoroughly enjoyable and informative. Thanks

@synthetiCore 5 ай бұрын

Fantastic mini-documentary. Quite informative.

@Skrattoune 5 ай бұрын

Great documentary! Congrats!

@AlbertZonneveld 5 ай бұрын

I think the 10 team get about 2 billion dollar from F1 owner Liberty media with Ferrari leading the money at over 300 million possibly 400 million. The engine manufacturers likely earn about 15 million per client team (but they get extra uncapped cost as an engine manufacterer not listed) I guess that sponsoring will bring about 30-120 million in income for teams. And commercial activities might bring them 10-50 million as well. The teams cost about 240-400 million to run each year. Capped 150 million for the race team, cars and engines 50-120 million for the uncapped costs 25-120 million for the drivers plus 2 or 3 big earners in the team that are exempt

@terryallen9546 4 ай бұрын

Very interesting. Would love to see this exact outline used to describe F1 in 1968. The only race I have ever attended was Monaco that year. I was a foreign exchange student. We all sat on the terrace of the casino/paris restaurant and ordered horse meat hamburgers. Didn't know it until later. It seemed a small and comfortable racing. There were many beautiful people there, I wondered which ones were spies.

@TinshipTravels 5 ай бұрын

Great interviewing skills, loved the questions.

@BigHeadBob 5 ай бұрын

Watching the Vegas F1 this weekend!!!

@matthew_natividad 5 ай бұрын

It’s kinda turbulent rn

@BLACKAAROW 5 ай бұрын

When I was younger (i'm 29), I used to watch NASCAR alot but after a while I got bored and stopped watching it. I've never watched F1 before so I'm gonna give it a chance and watch the Las Vegas Grand Prix

@skyak4493 5 ай бұрын

F1 is more action and chaos. It is also more pretentious drama. In NASCAR out of 100 drivers you can justify calling 2 or 3 "Ah01es". In F1 all the drivers are "Ah01es" but you overlook that to like one.

@ned431 5 ай бұрын

nascar is so dumb, the same track every time

@TheBandit7613 5 ай бұрын

@@ned431 The cars are so matched, there's a lot of intricate strategy. It used to be better but any racing is better than no racing.

@dodgemF1 5 ай бұрын

@skyak4493 such a horribly naive perspective.

@alexj.5207 5 ай бұрын

getting to know the different drivers and teams really makes it more exciting.

@trevorquinton5393 5 ай бұрын

3:18 What an absolute balcony!!!

@scsu300 2 ай бұрын

Yeah, who is that?

@catalinacurio 5 ай бұрын

My bro is a huge fan, he loves his Formula 1 clothes we buy him as birthday gifts. 😊

@mtnmoo 5 ай бұрын

Most wholesome thing I read all day 🥲

@esdrasmanrique6457 5 ай бұрын

Sounds like a cool brother and family

@catalinacurio 5 ай бұрын

@@esdrasmanrique6457 He us thank you. 😊

@svenhodaka9145 5 ай бұрын

Interesting, good interviews. I enjoyed it.

@prabalsingh1735 5 ай бұрын

Thank you for this CNBC 🙏

@Adam_Strachan 4 ай бұрын

Actually I recently found out that 90% of the F1 team sell there cars at the track to the highest bidder so they don’t have pay to take it back to there shop for example if you have to fly a car to a country they would like to sell it so they don’t have to pay to ship it back and the money they save and make they can put back in the team

@Toketree 5 ай бұрын

The comments are not wrong this was a really well made doc. Great job.

@saulgoodman2018 5 ай бұрын

How much of that is from strong arming businesses to pay them? Like they did in Vegas?

@doncalos2060 5 ай бұрын

It's the answer to the last question for me 😂😂😂😂, "they're a bit quiet at the moment" 😂😂😂... 13:30

@sebulbathx 5 ай бұрын

Seeing how much money a team generates the car don't seem so expensive anyway. I find profitability interesting because I have read the teams only aim to break even like that is the only goal not to really make a profit. But that might have been how the teams were run in the past now it might be different and they want to be profitable, idk,.

@afterthought6889 5 ай бұрын

Where can we get an overview that shows how much ticket sales / media distribution / f1tv etc brings in? Is that a thing? Or is that proprietary info?

@TravelChannelOne Ай бұрын

Love how Sara asks Horner"What happens to the car after the race?"......Horner goes..."They last for one season and they go straight to a museum." Her reaction priceless...beautiful sport....

@MrSpeedyAce 5 ай бұрын

I fell in love with Formula One after watching the Netflix documentary. Now I can’t live without it.

@formula1wow700 5 ай бұрын

Your average DTS fan 😂😂

@MrSpeedyAce 5 ай бұрын

@@formula1wow700 Now I understand what happens “under the surface” of F1 beyond the documentary, but I do appreciate Netflix for bringing me onboard.

@jamesedwards1284 5 ай бұрын

@@formula1wow700I really dislike when people talk down to dts fans. Stop gatekeeping the sport man, we all have a different road to becoming f1 fans

@pyrho1 3 ай бұрын

I'm really going to miss Guenther. He was the biggest star at Haas. Gene will regret firing him. I feel for the team and drivers who'll struggle more without him

@dtenetwork3693 5 ай бұрын

CNBC, that was an absolutely exceptional video. Power to you all.

@Matthew-ll9ke 5 ай бұрын

I cant help but thinking that once DTS ends (which it will) the temporary fans will disappear and F1 will return to something close to what it was 10 years ago.

@formula1wow700 5 ай бұрын

Facts 💯

@matthoward598 5 ай бұрын

Very valid point. But I disagree... The sport has blown up in the States because of the show. 💯. And I've seen a couple people kinda drift away. But, I think the residual fans are here to stay (I'm American, watching for 23 years)... I actually got annoyed when Liberty took over.. I thought they were going to americanize the sport (which they did in excellent fashion, by giving more access to drivers and not restricting social media posts, insights etc) they've made blunders tho, that Miami gp intro with all of the embarrassing attachments made me roll my eyes....the sports gonna continue to grow. I'm so excited, and I'm glad I finally have fellow employees and friends here in the States that I can talk to about a race instead of nba, NFL, and all of the other sports here... Hell, I had three people the other night at watching for the first time.. I loved answering questions for them. ☺

@jordan_m_wong 5 ай бұрын

You talk with such arrogance in characterizing every person that became a fan after DTS. So you know the millions of new fans? What data and facts do you have other than your own feelings? Go cry some more because a lot of these new fans are here to stay.

@matthoward598 5 ай бұрын

@@jordan_m_wong don't get offended by these comments.. Been seeing them for years. It's kinda like... Those old metal fans. Or hip hop fans.. Or any kind of fan of that tries to gatekeep "their" sport... I've always welcomed newbies in all Of the things I love... We were once there too. Why would you try to deny new fans? It just doesn't make sense.. Yes, the Netflix series was over the top, but that's just editing and business.. I rolled my eyes at many points, thinking, yeah, that inchident wasn't that serious, ☺.. But they play it up for ratings.... If even 5 percent of the new people stays and becomes lifelong fans, it's honestly just a plus. ✌️

@ffossip 5 ай бұрын

great coverage and video!

@vantmaj 5 ай бұрын

Wonderful short documentary.

@Mytwistedvoices 4 ай бұрын

CNBC generally give an excellent explanation of what is going on. Just watched the used car market episode prior to this one.

@luislopes806 5 ай бұрын

I've always been curious about how the Formula 1 business works. Very well done documentary.! Liberty Media Corporation is an American mass media company founded by John C. Malone in 1991. Formula 1 generates revenue from race promotion fees, media rights, sponsorship fees and ancillary sources, such as Paddock Club ticket sales and shipping cars and equipment outside of Europe. The business model of Formula One is based on the organization and promotion of motor racing events. F1 is a global sport, and its races are held in various locations around the world. Teams get most of their earnings from sponsorships. Each team has several sponsors that contribute millions of dollars. 🤝

@heavybike- 5 ай бұрын

👍👍❤

@MSZsama 5 ай бұрын

Smaller teams also provide technical assistances for other non-automotive industry-related clients for profits. I'm surprised this documentary didn't mention that.

@ClandestinoTVworld Ай бұрын

Amazing documentary…well done

@SupreethDT 5 ай бұрын

there is a sport ! isla mann TT , MotoGP, Redbull Airrace ( unfortunately is no longer held) WRC, Dakar Rally...

@juliswift 4 ай бұрын

Great informative video!! 😍😍

@patrickH206 5 ай бұрын

how much was WeWork valued at?

@Ace-cv1xd 5 ай бұрын

theres a new anime called OVERTAKE that actually explains alot about the formula racing background from the eyes of a japanese journalist/photographer. i think they also talk about how the teams sustain and make money.

@tioo5265 5 ай бұрын

Ең жақсы KZfaq

How Formula 1 Teams Make Money

Пікірлер: 680