Manhattan West’s Post

Has Formula 1 lost its mojo? The demand for F1's Las Vegas Grand Prix needs to increase. Despite some sites preparing for "Super Bowl-level expectations," ticket prices and hotel room rates have decreased, indicating a lack of enthusiasm for the event. According to ticket reseller TickPick, fans can now purchase tickets for the main event on Saturday for $807, down from $1,645. Bloomberg cites several reasons for this loss of momentum, including the fact that #Vegas is not Monaco and the dominance of one driver leading to a lack of suspense. Lastly, TV audiences for #F1 races have decreased by 8% from the previous year. #f12023 #formula1 #lasvegas #lasvegasgrandprix #granprix #F1LasVegas #luxury

A new historica record 2023. The total number of partners in Formula 1 reached, for the first time,112, and before the year ended the number was 113, partners from the USA. For the first time in the history of Formula 1 there was more partners from the USA than from Europe, so the balance between Europe and USA changed. McLaren is the team with the highest number of partners from USA. RedBull have climbed to number 2 on the list. RedBull was the team that signed the highest number of new partners from USA 2023. RedBull announced 7 agreements with partners from the USA. Haas was number two on that list with 6 new partners from USA. What can we expect 2024? Personally I hope Formula 1 can find more new partners from Europe, especially from Germany and France in 2024. But the strong boom in USA will for sure continue in 2024. #f12023 #mclarenracing

🇺🇸 Formula 1 in the US: What’s behind its rise in popularity? After the success of the US race at Circuit of The Americas and with the long-awaited event in Las Vegas, Formula 1 is conquering US. Make no mistake though: F1 popularity isn’t on the rise in the United States alone. While there is no doubt that the land of the free has suddenly become a paramount market for Formula 1, other areas of the world are showing lots of love. As the world’s largest annual global sports platform, Formula 1 is broadcasted to more than 170 territories, with an average of 70+ Million global average audience for GP... Find out more 👇 https://lnkd.in/gk4PvWZ7 #Formula1 #motorsport #business

How do Trade Marks work In Formula One? 🏎️ Abigail Wise, Nick Buckland and Ella Nawaro have written an article for LawInSport, outlining how trade marks work in Formula One. The article addresses a variety of points, including: 👉What are the most popular motorsport trade marks? 👉Who owns the F1 trade mark? 👉The importance that Formula One places over its own trade marks 👉What elements can be protected by a trade mark? To read more, click here: https://okt.to/f9nrSk #Trademarks #FormulaOne

As the 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐆𝐫𝐚𝐧𝐝 𝐏𝐫𝐢𝐱 returns for its 14th edition this September, latest data from YouGov 𝗦𝘂𝗿𝘃𝗲𝘆𝘀 reveals how popular Formula 1 motor racing has grown in Singapore and the proportion of F1 fans who have ever attended the race in person. After a record turnout last year, what’s most drawing F1 fans to catch the 2023 race in person? And among F1 fans who aren’t watching the race trackside this year, what are the top reasons? Finally, which F1 drivers and artistes at the 2023 #Singapore Grand Prix enjoy the greatest popularity? Find out here: https://lnkd.in/gWVXvXYV Singapore GP Pte Ltd Ministry of Trade and Industry (Singapore) Aston Martin F1 Team Alfa Romeo Mercedes-AMG PETRONAS Formula One Team Red Bull Racing & Red Bull Technology Ferrari Chi Wei Teo Ashley Wen Jenny Armshaw-Heak Christophe Le Yoanc Gautam Gangaram Ang Kee Ming Bhawna Singh #grandprix #f1 #f12023 #datainsights #consumerintelligence #publicresearch #marketresearch

https://lnkd.in/e_YwcKYK 2030 and BEYOND❗ So many new agreements and contracts signed... 📝 But what are the tracks that solidify the future of Formula 1? Find out more below! 👇 If you enjoy my content, then please like, and comment with your thoughts and opinions. And please share with people you know ⌨️ And also explore more content that I post within the World of Sport 📑

With the news of Lewis Hamilton leaving Mercedes for Ferrari, YouGov Sport have analysed his popularity across different markets compared to Ferrari.   Data from Global Fan Profiles - which offers an instant view of the size, make-up, attitudes and behaviours of sport and esports fan bases in more than 50 markets – shows that 44% of British F1 fans support Lewis Hamilton, a quarter of Singaporean F1 fans (25%) are Hamilton fans, followed by nearly one in five respondents in the UAE (18%)   As for Ferrari support, half of all respondents in the UAE who are F1 fans (51%) say they support Ferrari, followed by Indians (46%). Two in five F1 fans in Singapore (41%) support Ferrari, and so do nearly three in ten Americans (29%). #F1 #DirveToSurive #Sports https://lnkd.in/eFf4vs6c

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🏎️ As the 2024 Formula One season gears up, brands have a unique opportunity to put the pedal to the metal in the world of high-speed racing. 🌍 🏁 Check out our latest article to explore the diverse sponsorship avenues available in Formula One, offering global visibility and strategic positioning.🚀 💡 Let's drive innovation, connection, and success together! 🏆 #FormulaOne #SponsorshipStrategies #GlobalMarketing