TIME100 Most Influential Companies 2023: Formula One

’s engine continues to rev. The global auto-racing circuit generated $2.57 billion in revenue in 2022, a 27% increase over 2019, and attendance reached 5.7 million last year, a 36% rise from pre­pandemic levels. That growth was partly powered by Netflix’sshowcasing the personalities of drivers like Lewis Hamilton.

It’s helped draw more eyeballs, especially in the U.S., where ESPN’s telecasts of F1 races averaged 1.21 million viewers last year, double 2020 levels. The circuit is also expanding its U.S. footprint; F1 will host a race in Las Vegas this year for the first time since 1982. “You can’t wait for fans to come to you,” says Stefano Domenicali, president and CEO of Formula One. “We must go and reach them directly.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TIME100 Most Influential Companies 2023: Happiest BabyIn March, the FDA granted approval to Happiest Baby’s Snoo bassinet, making it the first medical device ever approved to be marketed for infant sleep safety. Why happiestbaby is one of the most influential companies of the year:
Source: TIME - 🏆 93. / 53 Read more »

TIME100 Most Influential Companies 2023: GanniDanish fashion brand Ganni is valued at $700 million and holds itself accountable in its public annual responsibility report. Find out why it's one of the most influential companies of the year:
Source: TIME - 🏆 93. / 53 Read more »

TIME100 Most Influential Companies 2023: A24.A24 is keeping weird and wonderful indie movies alive. The production company has become Hollywood’s tastemaker, making the films of up-and-coming auteurs culturally relevant. Find out why it's one of the most influential companies of the year
Source: TIME - 🏆 93. / 53 Read more »