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Motor1
Motor1
Sport
James Allen

Why F1's Top Bosses Are Thinking About A "Bigger Future"

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Greg Maffei: Formula One has never been healthier from all indications. Fan interest is incredibly high. We have great on-track competition and we have helped the teams. When we entered Manor, the 11th team had just been sold in receivership for a pound. And today, I don't think you can buy a team for less than $500 million, maybe $700 million. You can go try. But it's gonna be hard. It's an amazing increase in value. And in part, that's because of the things that have been put in place to try and create more on track competition that also bolsters the health of those teams. You needed to have a healthy ecosystem of teams to make it work. And I think all those things are happening, and you're seeing the increase in fan interest as well. On TV, in person, we had never had larger events. So pretty good.

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