Tag Archive: F1

F1 racing: Financial difficulties and prospects are worse than coming (Part 2)

This annual organization fee is paid (advance), so it raises the question of whether they will be refunded (currently Australia only), or if F1 can keep it as an account for the 2021 season probably will be unlikely because it is related to the financial issue of the deposit. 

The loss of organizing fees was the result of the cancellation of the race, which in turn led to major revenue sources.

First of all, there are sponsors and advertising, no race takes place, no money.

Secondly, the units purchased television packages on a season-wide package, and when the number of races was cut, agreements with advertisers and their service users were governed. For example, in the UK, many fans spend money to buy packages of Sky cable television system, to fully monitor the happenings of F1. Therefore, they have no other reason to buy a television package when an event takes place. Since then, the advertising units do not want to spend too much money in exchange for 30 seconds to appear on TV.

Đua xe F1: Khó khăn tài chính và viễn cảnh còn tệ hơn sắp tới

If the actual number of races that cannot take place exceeds 14, that is, the Chase Carey CEO’s expected number is between 15 and 18, the TV units will start receiving refunds 1 part, depending on the number of trips canceled.

If the entire season doesn’t go ahead, they’ll probably be able to claim all the money back for this 2020, because they simply can’t promote the brand without an event.

Đua xe F1 & kế hoạch mùa giải 2020: Dấu hỏi lớn về các chặng đua ...

Besides, it is unclear what terms if canceling the race for F1’s main sponsors such as Heineken, DHL and Emirates, because after all, who thought that the season would be canceled for reasons this disease. So what will the trade impact be like? What will the financial world think if the 2020 schedule is shortened or canceled?

Who can challenge Lewis Hamilton?

The question is not new in recent F1 seasons: Who can challenge Lewis Hamilton, the driver who is aiming for the 6th world championship in history?


After 14 races this season, the challengers begin to surface.

Max Verstappen

At the end of this month, Verstappen officially turned 22 years old. But this is already the 5th season he is present in F1 races, and just need to play 5 more races, this rider will officially reach the milestone 100th Grand Prix of his career. The Dutchman’s mark was shown at his first appearance on the Toro Rosso team in 2015. Shortly after, he moved to Red Bull and won his first win in the Spanish race.

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Since then, Verstappen has got 6 other stage wins, including 2 from this season. He was one of the most impressive riders in the first half of the season, along with Hamilton. After two unsatisfactory races in Belgium and Italy, Verstappen is still considered a bright candidate for the Singapore race this weekend.

Charles Leclerc

Leclerc impressed with two victories in the Belgian and Italy stages after F1 underwent a mid-season break. He was discovered talent by Ferrari 3 years ago. The career of the driver from Monaco is marked by the championship in smaller races such as GP3 or F2, before he came to Sauber racing team last year.

Leclerc on the other hand, had a much better impression than team-mate Sebastian Vettel. He is full of opportunities for the eighth time to overtake German riders in the class achievements, as well as to increase the current 13-point gap on the F1 race rankings.

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These are undoubtedly the two drivers with the most potential to challenge Hamilton’s championship, not just because of their position in the rankings. Playing on top teams like Ferrari or Red Bull will increase the chances of winning the stage for Verstappen or Leclerc, thanks to their ability to compete on the most optimal motor vehicles.

Of course, this does not mean the hope of a full closure for potential drivers in less prestigious and financially viable teams. Faces like Alex Albon, Lando Norris or George Russell still have the right to dream of one day becoming one of the top F1 riders.