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Max Verstappen won the 2022 world championship at Suzuka with four rounds remaining, in sharp contrast to the last lap thriller in Abu Dhabi last year, while his Red Bull team won the constructors’ version at the following race in the USA. Insisting that there will have no detrimental effects on the F1 company, Domenicali claims that there is still a lot of interest in the 2022 races that are still to be held. He is also convinced that the fight the next year would be more intense and possibly go to overtime again. When questioned in a conference call with Wall Street analysts if the absence of a title showdown would be detrimental to F1’s profitability, he responded, “Well, honestly, we don’t see any kind of danger at all.”
“First and foremost, the numbers for the most recent race are excellent, with all tickets sold out. Of sure, some contests will receive more attention from a sporting perspective. This is a component of racing. “And if I may add, we are completely positive about the impact that the change in regulations brought this year,” the speaker said. Furthermore, we are unable to comment on the amazing work that a team, in this case Red Bull or Max Verstappen, performed. Perhaps some of the other teams missed their chances. But wheel-to-wheel racing is what we observed on the circuit. What we desired was that. And I have complete faith that the race on the track will go all the way to the end of the year. And as you can see, there has been a lot of interest in sports following the most recent races.
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Domenicali also refuted the idea that the eurozone’s economic woes may have an effect on 2023 revenue from F1 ticket sales. First of all, he explained, “by having a world championship, we can spread the risk of needing to handle this kind of crisis around the world.” On the other side, our long-term contracts will lessen our exposure to this risk. And I can tell you that there have already been a staggering number of pre-registrations for purchasing tickets for the following year.
This is a good sign that you’re seeing, especially in Europe, where I currently reside and where it is obvious that a recession is occurring. “However, I believe that the way we are set up and the agreements we have completed will allow us to advance in this path. “I would thus argue that the existing state of affairs encourages us to believe that we should be positive in this regard. We monitor it, of course, but this is what we currently observe.”
