Post by Munnaf911 on Oct 22, 2023 2:50:27 GMT
Frequently talking about the relationship between the club and its sponsor and its details. The sport par excellence is soccer, since it is the one with the largest number of followers who see the advertising in the stadiums during the matches, whether they attend the field or watch it on television or listen to the radio. But Formula 1 also has a large number of followers around the world, which also makes it a preferred option.
Advertising investment by many companies. In the words of Christian Sylt, co-author of Formula Money, "Formula 1 is one of the businesses that generates the greatest revenue potential, having moible number data reached $1.6 billion." Where does Formula 1 revenue come from? Most of the income generated by Formula 1 comes from the fees paid by promoters to organize races, and from what the media pay to broadcast them.
It also comes from sponsorships, track advertisers and series sponsors. Some investments that are more than recovered, since the sale of t-shirts and merchandising products brings great benefits to its investors. What are the advantages for a sponsor? Formula sponsors receive on-track advertising packages around the circuit, which is invaluable in the world of sport as it allows the sponsoring brand to be recognized.
Advertising investment by many companies. In the words of Christian Sylt, co-author of Formula Money, "Formula 1 is one of the businesses that generates the greatest revenue potential, having moible number data reached $1.6 billion." Where does Formula 1 revenue come from? Most of the income generated by Formula 1 comes from the fees paid by promoters to organize races, and from what the media pay to broadcast them.
It also comes from sponsorships, track advertisers and series sponsors. Some investments that are more than recovered, since the sale of t-shirts and merchandising products brings great benefits to its investors. What are the advantages for a sponsor? Formula sponsors receive on-track advertising packages around the circuit, which is invaluable in the world of sport as it allows the sponsoring brand to be recognized.
