Sports
Disney Partners with Formula One Amid F1’s Rapid U.S. Growth
Las Vegas, Nevada – Disney‘s partnership with Formula One marks a significant shift in the sport’s appeal in the United States, where it has been gaining traction over recent years. Just a decade ago, the idea of a mainstream American company aligning with F1 was unimaginable. However, this weekend’s Las Vegas Grand Prix showcases a new era for the sport.
Mickey Mouse and friends led fans through the pit lane, highlighting the collaboration during a time when F1 is thriving in the American market with three sellout races. This collaboration is a testament to how F1 has transformed its image and market presence in a nation that was once indifferent to the sport.
The Vegas race is the beginning of a two-year partnership during which the Disneyland Band will perform the national anthem before the race, enhancing the event’s entertainment value. Despite recent rains, the enthusiasm of fans packing the streets of Las Vegas remains palpable. F1’s strategy to provide an engaging experience seems to resonate well with its burgeoning fan base.
Formula One’s recent success is backed by a new television rights deal reportedly worth $160 million per year for the next five years. Tech giant Apple is streaming every session live to its subscribers, a significant move that showcases F1’s appeal to a younger audience. Eddy Cue, Apple’s Vice President of Services, noted that F1’s popularity since 2017 has led to a dramatic increase in corporate partnerships with U.S. firms, rising from 44 to 125.
Stefano Domenicali, F1 Group CEO, emphasized the need to evolve and engage with American fans, stating, ‘The sky’s the limit. We want to grow our fandom in the U.S.’ He aims to have over a billion worldwide fans, seeing the U.S. as critical to that goal.
Las Vegas is emblematic of F1’s appeal to a younger demographic, with 47 percent of new American fans aged 18 to 24 and more than half female. This shift is a promising sign for the sport’s future in the U.S., as demographic trends yield promising opportunities. Fans have expressed a growing interest in the spectacle that F1 now embodies, prioritizing enjoyment over traditional loyalties.
This weekend reflects the vibrant changes within F1 and its commitment to intertwine with U.S. culture through events, entertainment, and strategic partnerships. ‘We need to keep engaging with our American fans and U.S. culture until F1 becomes a part of it,’ said Domenicali. F1’s determination to capture the American market and its aim to remain relevant suggests a transformed future for this once niche sport.
