How F1’s Business Model Absorbs the Cost of Bahrain and Saudi Arabia GP Cancellations
The cancellation of the Bahrain and Saudi Arabian Grands Prix in early 2024 delivered a financial blow to Formula 1 that few saw coming: an estimated $200 million in lost revenue, a sharp dip in the sport’s commercial valuation and renewed scrutiny over the resilience of its business model amid escalating geopolitical tensions. While F1’s … Read more