The Formula 1 Spanish Grand Prix in Madrid has reached two major commercial milestones ahead of its return to the championship calendar, with all available tickets sold and sponsorship revenue exceeding €137 million. According to IFEMA Executive Committee President José Vicente de los Mozos, more than 100,000 tickets have been sold for the inaugural Madrid…
International sports streaming platform DAZN has extended its exclusive broadcasting rights for the MotoGP World Championship in Spain through the end of the 2030 season while also securing the series’ media rights in Portugal until 2031. Under the new agreements, DAZN will continue to broadcast every practice session, qualifying, sprint race and Grand Prix across…
Luxury fashion house Gucci has strengthened its push into motorsport by appointing Tancredi Vitale as Vice President of Gucci Racing, the brand’s newly launched platform at the intersection of luxury, sport, and culture. Vitale will officially assume the role on September 1, following Gucci Racing’s launch in May alongside the brand’s partnership with the Alpine…
The British Grand Prix weekend at Silverstone has set a new Formula 1 attendance record, attracting a total of 564,000 spectators between July 3 and July 5. The figure surpasses the previous benchmark established by the 1995 Australian Grand Prix, which drew approximately 520,000 fans. Silverstone’s continued growth has cemented the event as one of…
Formula 1 is set to replace its traditional drivers’ parade with a unique spectacle at the British Grand Prix, as all 22 drivers will take to the track in fully functional Lego go-karts on Sunday. The initiative follows the enormous success of the full-sized Lego Formula 1 cars showcased at last year’s Miami Grand Prix,…
Flexjet has signed a multi-year global partnership with Formula 1, becoming the championship’s Official Private Aviation Provider. The agreement will officially launch at the British Grand Prix at Silverstone, scheduled to take place from 3 to 5 July 2026. The partnership is aimed at serving VIP guests, executives, teams and high-profile attendees travelling throughout Formula…
MotoGP has confirmed that the Malaysian Grand Prix will continue to be held at the Sepang International Circuit after signing a new agreement that extends its partnership until 2031. The deal, concluded with the FIM (Fédération Internationale de Motocyclisme), secures the circuit’s place on the calendar for an additional five editions. The current contract was…
Cadillac F1 Team has announced a multi-year global partnership with multinational technology and materials company 3M, which will become the team’s official materials science partner. Under the agreement, 3M will support Cadillac engineers and scientists in developing lightweight materials, improving manufacturing processes, and enhancing testing capabilities. The collaboration is aimed at improving on-track performance through…
The Fédération Internationale de l’Automobile (FIA) has reported its strongest financial results in over a decade, closing the 2025 fiscal year with a €6.7 million profit, marking a 43% increase compared to the previous year. The governing body of global motorsport generated €191.7 million in revenue, representing a 75% rise since 2021, while operating cash…
MotoGP has appointed CAA Sports as its new global sponsorship agency as the championship looks to expand its commercial footprint and unlock new revenue opportunities around the world. Under the agreement, CAA Sports will work alongside MotoGP to secure new partnerships across international markets and emerging product categories. The agency has been tasked with increasing…
