Jamie McIntyre’s Post

Everyone wants a piece of Formula One.  F1 Remains Hot With a $10B Offer and Dozens of Interested New Race Hosts Before Red Bull, Max Verstappen, and tens of thousands of racing fans begin to take over South Florida for this weekend’s Miami Grand Prix, one thing is clear: Dolphins owner Stephen Ross, who also owns the Miami F1 race and the venue that hosts it, Hard Rock Stadium, is said to have recently entertained a $10 billion offer for control of those sporting assets, according to USA Today. Ross declined the offer, per the report. It’s unclear what the individual values of the Dolphins, Miami GP, and Hard Rock Stadium would have been in that deal. (https://lnkd.in/e8_v9CtE) Miami Dolphins owner Stephen Ross and CEO Tom Garfinkel will host their 3rd Formula One Miami Grand Prix, knowing their courageous venture into one of the world’s fastest growing sports has elevated their NFL business. Ross recently entertained a stunning $10 billion offer for control of the Dolphins, Hard Rock Stadium, and the F1 Miami race – which nearly matches the combined record-setting sales of the Denver Broncos ($4.65 billion in 2022) and Washington Commanders ($6.05 billion in 2023) – two people with direct knowledge of the situation told USA TODAY Sports. They spoke on the condition of anonymity due to the sensitive nature of the matter. Ross declined the offer because he wants to keep the assets in his family, the two people said. Still, the offer shows the ceiling of NFL franchise valuations and sports conglomerates continues to rise exponentially. Meanwhile, F1 CEO Stefano Domenicali said that, despite the sport already reaching its maximum of 24 races per year, more than 35 new venues have shown interest in hosting a race, with 11 being formidable contenders. “Seriously, the request is very, very big,” Domenicali told ESPN. Those markets might include U.S. cities Chicago and New York, as well as international destinations like South Korea, Thailand, China, South Africa, Rwanda, Malaysia, and India, per ESPN. Domenicali said not to expect a fourth race in the U.S., in addition to Miami, Austin, and Las Vegas. The widespread interest in F1 comes after the sport saw total race attendance spike to 6 million in 2023, and revenue soared to $3.22 billion, according to owner Liberty Media. Last year also marked the debut of the Las Vegas Grand Prix, as F1 grew to its capped-out 24-race schedule. The Miami race is entering its third year, while F1 has raced in Austin since ’12. #miami #southflorida #F1 #premiumfinance #lifeinsurance #sportsbusiness #premiumfunding #privateinvestments

♠ | Formula 1 has ventured into the gambling capital of the world, none other than Las Vegas this weekend. The weekend kicks off the final stretch of races in an enthralling season, with further races in Qatar and Abu Dhabi ending off the season. 🎉| In the Entertainment Capital of the World, it's a slightly different form of entertainment, with the centre of action shifting from the casinos and night clubs to the Las Vegas Strip Circuit. 2️⃣| The City of Second Chances, however, does not offer any reprieves to drivers veering off into the barriers located on the sides of the street circuit. 💤 | In the City that Never Sleeps, the fans will certainly be wide awake heading into the dead of night, for the racing action begins on Saturday night in Vegas, at 10pm track time. 💨 | With the long straights, slow corners, expect high speeds and plenty of overtaking on race day. Who will go all-in and cash out on the spoils in Las Vegas? Would you be willing to place your bets on the reds (of Scuderia Ferrari)? All the Las Vegas-isms and more, and you can catch the important details in my preview for LastWordOnSports.com: https://lnkd.in/g9HETy-Z

McLaren Racing's first F1 Constructors' Championship in 26 years is the crowning glory in a truly remarkable 8-year journey for Zak Brown. Since joining in 2016 and assuming the role of CEO in April 2018, few figures in the Formula 1 paddock can claim to have had such a transformative effect on their respective teams as Brown has had on McLaren. The second most successful team in F1 history were in pretty dire straits when he took over as CEO, having finished the 2017 season in ninth place in the constructors' standings and recording documented losses of £100m. Their struggles were painfully visible not only on the timesheets, but on the near-empty livery of the car, which featured only a handful of sponsors. After steady improvement on the track in the first couple of years, the £185m investment from MSP Sports Capital in December 2020 was a key step forward, as this strengthened the financial position of the team and allowed them to not only look at progression in F1, but also other series - where they now of course compete in IndyCar, Formula E and Extreme E. It was assumed that the commercial side of the team would receive a major boost under Brown's leadership, given his sports marketing background and the success of his JMI business, later acquired by CSM. This has proven to be the case, with McLaren now boasting more partners than any other team on the grid - a quite remarkable 55 in total. With the team now top dog in F1, competing in four major championships, commercially valued at over £2bn (versus £560m at the time of the MSP investment in 2020), and with two potential future world champions in Lando Norris and Oscar Piastri locked into long-term deals, it's safe to say the future is looking infinitely more positive for the team compared to when Brown arrived. #f1 #formula1 #mclaren #motorsport #sportsbiz

Beyond the Race: Exploring the Intersection of MotoGP and Formula 1 Sponsorships As motorsport fans worldwide anticipate the upcoming Formula 1 Grand Prix in Qatar this weekend, it’s the perfect time to dive into the fascinating relationship between two of the world’s most exhilarating motorsport series: MotoGP and Formula 1. In my latest article for the SPORTFIVE Magazine "Beyond the Match", I explore how brands are capitalizing on the unique attributes of each championship to craft compelling narratives and connect with diverse audiences. MotoGP: Renowned for its high-octane action, unpredictable outcomes, and intimate fan experiences. Formula 1: A symbol of innovation, luxury, and global prestige with an ever-expanding audience. Both platforms offer brands unique sponsorship opportunities, from adrenaline-packed on-track moments to exclusive hospitality experiences. Explore the full article to learn how brands are driving their strategies across MotoGP and Formula 1: The Intersection of MotoGP and F1 Sponsorships. Link to the article in the comments. What do you think makes MotoGP and Formula 1 distinct yet complementary platforms for sponsors? Share your thoughts in the comments! #Formula1 #AbuDhabiGP #MotoGP #SportsMarketing #Sponsorship #BeyondTheMatch #Motorsport #sportfive

From the track 🏁 to the brand 💼, Lando Norris is on fire 🔥 10,000 seats in the newly introduced ‘Landostand’ at Silverstone sold out in record time—months before the British Grand Prix, which isn’t until July 2025! This rapid sellout, despite the premium ticket price, is a testament to the red-hot form Lando has showcased this season. Lando claimed his first three Formula One victories in Miami, the Netherlands, and Singapore since making his F1 debut in 2019. He currently sits second in the Drivers' Championship behind leader Max Verstappen with six races to go. After a disappointing turnout at Silverstone this year, the venue can breathe a sigh of relief, with Lando’s team quickly capitalising on his current form to turn things around. The sold-out ‘Landostand’ is a reflection of both his success on the circuit and the efficient way his team has leveraged his rise in performance and popularity into a thriving brand. Lando’s financial reach extends far beyond his performance on the track. He’s a magnet for top-tier sponsorships, attracting major brands like Pure Electric, Bell Helmets, wearegrip, PAP, TUMI, Quadrant, LN Racing Kart, and ADD Management. These partnerships, along with recent strategic moves, are building a brand that more than complements his racing career. As local fans rally behind their hero, one thing is clear—Lando Norris is turning into one of Formula One's biggest commercial stars, and his journey is just getting started. #F1 #landostand2025 #sportsbiz #brand #racing #silverstone

🏎 Are you ready for the ultimate thrill? The Formula 1 Las Vegas Grand Prix 2024 is here! 🏁 The Formula 1 Heineken Silver Las Vegas Grand Prix kicks off today and will run until November 23, bringing high-speed action back to the iconic Las Vegas Strip Circuit in Paradise, Nevada. 🌆 This is race 22 of 24 in the 2024 Formula World Cup Championship and the third race to take place in the US this year, following the F1 Miami Grand Prix in May and the Formula 1 United States Grand Prix in Austin, Texas, last month. 🏆 Here’s all the information you need to stay up-to-date on the #F1 action: 📍 Practice Sessions: November 21 (18:30 and 22:00) and November 22 (18:30) 📍 Qualifying race: November 22 (22:00) 📍 Race: November 23 (22:00) With 393 points, championship leader Max Verstappen holds a strong 62-point lead over Lando Norris, who sits in second place. He is also 86 points ahead of Charles Leclerc, who is currently in third place. 🥇🥈🥉 At the minute, McLaren Racing is leading the Constructors’ Championship with 593 points and is slightly ahead of Ferrari (557 points) and Red Bull (544 points). 🏎 As the excitement builds, the odds are heating up at US sportsbooks. Norris leads as the favorite at the likes of bet365 and BetRivers, both offering odds of +225. Meanwhile, DraftKings Inc. is the only sportsbook backing Verstappen to win outright at +185. 💥 Other betting sites reflect a tight race, with Verstappen and Norris neck-and-neck with odds of +220 at FanDuel, +250 at BetMGM, and +260 at Caesars Sportsbook & Casino. 🔥 Whether you’re watching trackside or tuning in from home, it’s going to be a spectacle you won’t want to miss! 👀 #Formula1 #LasVegas #GrandPrix #LasVegasGrandPrix #F1Betting #SportsBetting

A lot has been made of the fact that next weekend's Formula 1 British GP at Silverstone is not yet sold out, with the circuit coming under pretty intense scrutiny for its ticket prices in particular. But is this fair? Looking at how ticket prices have changed over the past ten years - in 2014 three-day general admission tickets started at £170, compared to £349 this year. Perhaps more relevantly, the same ticket type sat at £279 as recently as 2022. Where grandstand tickets are concerned, the cheapest three-day ticket still available for this year's race is £549, whereas in 2022 you could get yourself a seat for the weekend for as little as £330 - less than this year's general admission. The British GP is, aside from Monaco, the most expensive European race for fans to attend. Despite this, it can point to the fact that it is the best attended race on the F1 calendar. Last year, a quite remarkable 480,000 fans turned up over the course of the weekend, a significant increase on the 401,000 the year before. So, can Silverstone claim that the price rises are simply in response to higher demand? Perhaps, but this is not necessarily what they are saying. Instead, they have laid the blame for slow ticket sales at the fact that Max Verstappen's dominance is turning fans away. For me, the timing of this argument is a little misguided, given that the last few races have been some of the most competitive since 2022 and we have a chance of an all-British podium next Sunday. Also, last weekend's Spanish GP showed no signs of being harmed by the Verstappen effect, setting a new record for the circuit with over 288,000 fans in attendance. Is the price increase for this year's British GP justified with the higher demand? Or is F1 taking advantage of its increasing popularity by pricing out fans that keep the sport alive? #f1 #formula1 #britishgp #silverstone #sportsbiz

🏆 Gabriel Bortoleto: F2 World Champion and Rising F1 Star 🚀 Today History was made! Gabriel Bortoleto has crowned the 2024 F2 World Champion, showcasing incredible skill, determination, and the mindset of a true champion. 🌟 This triumph not only cements his place among motorsport’s elite but also positions him as one of the most exciting talents heading into the F1 stage. As we celebrate this milestone, it’s time to look ahead! The journey to F1 is as thrilling as it is demanding, and we are inviting visionary partners to join this story. Why partner with Gabriel? 🔹 Unmatched visibility in the global motorsport arena. 🔹 Engagement with millions of passionate fans worldwide. 🔹 A platform to showcase your brand as a champion of innovation and excellence. 🔹 Alignment with a young, driven athlete ready to redefine the sport. Don’t just be a spectator, Be part of the legacy. Together, let’s accelerate into F1 and beyond! 📩 For sponsorship opportunities, connect with me or comment below. Let’s make history together. 🏎️✨ #F2Champion #GabrielBortoleto #F1Journey #SponsorshipOpportunity #Motorsport #SponsorshipOpportunity #SportsMarketing #BrandPartnerships #MotorsportSponsorship #F1Sponsorship #RacingPartnerships #SportsBranding #Formula1Sponsors #GlobalMarketing