WATCH ALL SPORT GAME IN TVCNW SPORT

WATCH ALL SPORT GAME IN TVCNW SPORT

Up next


The Hidden Economics of Formula 1

7 Views
A21NETWORK
0
Published on 22 Apr 2021 / In Film & Animation

Check out Concepts, the iPad app we use, here! - https://concepts.app/driver61
You will get an exclusive extended free trial, available on iOS, Android and Windows.

The top F1 teams each spend about 175 million dollars per year to put the best cars on the grid and pay fees of up to 5.5 million dollars just to enter the championship, the money involved in Formula 1 is just ludicrous.

The sport is a global cash-making machine that employs 50,000 people and dishes out an incredible one billion dollars of prize money to the teams.

This money is used to build the fastest race cars on the planet and fund driver salaries of over 40 million dollars.

➤ Subscribe for more incredible motorsport: https://goo.gl/AbD2f9

➤Follow us on:
➤ Instagram- @official_driver61 - https://bit.ly/D61Insta
➤TikTok - @official_driver61 - https://bit.ly/D61TikTok

➤ iPad Drawing sponsored by Concepts, you can get an exclusive free trial here! - https://concepts.app/driver61

Formula 1 is run by Liberty Media, which bought control of the Formula One Group for 4.4 billion dollars in 2016.

There were an incredible 433 million viewers of F1 races last year, so it’s no surprise that Liberty makes most of its money from TV rights.

TV outlets such as ESPN and Sky give full coverage of each race weekend and pay a huge amount for the privilege.

Sky is by far the biggest source of TV income, with a 255 million dollar per year deal that is the biggest in the sport’s history.

📺 F1 Driver’s Technique Explained

➤ Senna’s bizarre technique: https://bit.ly/3lORK59

➤ How Schumacher’s style won 7 championships: https://bit.ly/3527cVz

➤ Alonso’s strange steering: https://bit.ly/2Z7a93v

➤ How Verstappen will be F1 champion: https://bit.ly/3jK6L6n

➤ How Verstappen is so fast in the wet: https://bit.ly/32WMVhr

📺 F1 Engineering

➤ How F1 brakes work: https://bit.ly/3h0Whh0

➤ How an F1 clutch works: https://bit.ly/3i0oDJM

➤ What’s inside an F1 gearbox: https://bit.ly/2DzMqRW

➤ How F1 teams change four tyres in two seconds: https://bit.ly/2QVpkIl

🏎️ Track & Racing Driver!

➤ Get a free report on your track driving: http://bit.ly/2LmYNBA

➤ Get faster on track with our FREE 25-part tutorial series:http://bit.ly/2PypIMK

➤ Our real-world training programmes: http://bit.ly/2ktjtgV

🏁 Sim Racers!

➤ My sim wheel: https://bit.ly/354BBlY

➤ My sim pedals: https://bit.ly/3eJckQo

➤ Our sim racing course: https://bit.ly/34WuV7p

➤ Get a free report on your track driving: http://bit.ly/2LmYNBA

➤ Driver61 Sim Racing Channel: http://bit.ly/2BMdk4B

#Formula1 #Economics #Engineering

Show more
WATCH ALL SPORT GAME IN TVCNW SPORT
0 Comments sort Sort By

Up next