Early 2022 F1 title outcomes aren’t ‘any form of threat’ to enterprise, says sport CEO

F1 CEO Stefano Domenicali is assured that Max Verstappen’s early championship victory is not going to have an effect on the viewership that the game is getting.

Throughout a name with Wall Avenue analysts, Domenicali acknowledged that he doesn’t see any threat to the enterprise facet of F1 as a result of fast decision of the championship battle.

He mentioned:

“Properly, truly, we do not see any form of threat in any respect.”

The ultimate race of the 2021 season in Abu Dhabi, the place Lewis Hamilton and Max Verstappen confronted off, turned one of many most-watched occasions in historical past. The Yas Marina Circuit was teeming with followers as the 2 drivers went head-to-head for the championship.

Nonetheless, Verstappen received the F1 World Championship fairly early this season, proper after the Japanese Grand Prix. In consequence, there are issues that viewership would possibly drop in the direction of the tip of the marketing campaign for the reason that pleasure might be a lot decrease.

Nonetheless, Domenicali has insisted that Verstappen’s early victory is not going to adversely have an effect on curiosity within the closing races of the season:

“And to start with, now we have the final race with offered out tickets, and the numbers are actually good. The eye might be shipped, after all, to different fights for the sporting perspective. In order that’s a part of racing.”

Stefano Domenicali believes 2023 F1 season will witness longer and extra aggressive battles

Whereas Crimson Bull received the constructors’ title means sooner than anticipated, Stefano Domenicali feels the battles within the upcoming season will final for much longer. He mentioned:

“However what we noticed on the monitor is wheel-to-wheel racing. That is what we wished. And I am completely assured that subsequent 12 months the struggle on the monitor will arrive as much as finish of the calendar. And as you will see, the final races, on the sporting facet there may be numerous consideration.”

In keeping with Domenicali, the European races may also keep safe in F1 due to long-term agreements. He mentioned:

“Alternatively, the truth that now we have long-term agreements will scale back the publicity to this threat. And what I can say and share with you is that we already see an unbelievable variety of pre-registrations close to ticketing of subsequent 12 months.”

The 24-race calendar for the upcoming F1 season exhibits how in style and widespread the game has develop into in the previous few years. As such, it’s laborious to consider that followers will lose curiosity within the upcoming races anytime quickly.

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Edited by Rachel Syiemlieh

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