Why F1 Is Spending Millions on F1 Academy #f1 #formula1
F1 Academy and the WNBA have something surprisingly important in common. 👀
Both leagues needed major financial and promotional support from their parent organizations while they built an audience, sponsorships and their own commercial value.
F1 Academy’s reported revenue then jumped from just over £2M in 2023 to around £15M in 2024.
F1 isn’t just funding a racing series — it’s trying to build one that can eventually stand on its own. 🏎️📈
#F1 #F1Academy #Formula1 #WNBA #Motorsport #WomenInMotorsport #F1Shorts #Racing #Shorts
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