F1 revenue boosted to $2.5 billion in 2022 amid record fan attendance

While there was a full 22-race calendar in 2021 there were still some restrictions on attendance in place. But last year, with those finally gone and F1 continuing to benefit worldwide from the Drive to Survive boost, the numbers rose significantly.
The increasing interest in the world championship was reflected in a claimed overall fan attendance of 5.7 million, which represents a rise of 36% …Keep reading

Pirelli’s race to improve the tyres Hamilton called “dangerous”

A decision on next year will be made in July, and in the interim Pirelli has to develop and test tyres that the drivers, teams and the FIA are satisfied with. It’s not only a race against the clock, but it will have to be done with limited track running.
Pirelli has just three slick test sessions with which to meet its target. A selection of teams will run for two days in Bahrain next week …Keep reading

Susie Wolff appointed managing director of F1 Academy

Ex-Williams F1 test driver and DTM racer Wolff more recently served as the team principal and latterly CEO for the Venturi Formula E squad, positions she occupied between 2018 and 2022.
Founder of the Dare To Be Different initiative, a programme conceived to boost female participation in motorsport, the Scot has since been a keynote speaker at major conferences such as the 2023 Pendulum Summit …Keep reading

Tost: “No foundation” to AlphaTauri F1 team sale rumours

During pre-season testing in Bahrain last week, German publication Auto Motor und Sport reported that a Red Bull management structure – rejigged following the death of company founder Dietrich Mateschitz last year – was considering a sale of AlphaTauri.
This was supposedly related to dissatisfaction with the team’s new identity, the squad having been rebranded from Toro Rosso for 2020 …Keep reading

Magnussen: F1 floor tweaks make 2023 cars more wind-sensitive

Last year, many F1 teams struggled with excessive bouncing on the new ground effect cars, which led to lobbying to tweak the regulations for 2023 on safety grounds.
For 2023 the floor edges were raised by 15mm to prevent teams running their challengers as closely to the ground as last year and reduce the bouncing effect.
Few cars appeared to experience porpoising during the three-day test …Keep reading