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Formula1 in 2021 - F1 Official Report (III)

F1 Substation

There’s nothing like being there in person

There's nothing better than going to see F1 for yourself

• Three quarters of fans live in a country with a GP; but fewer than 20% have attended in the past 5 years. Fewer than 13% of respondents have travelled to a non-home GP since 2016.

Three-quarters of fans live in countries with F1 races, but less than 20 percent have gone to F1 in the last five years. Since 2016, less than 13% of respondents have been to countries without F1 races.

• Fans in the Americas are least likely to travel to their ‘home’ GP, fans aged 45+ are twice as likely to travel to an ‘international’ GP

U.S. car fans are the least likely to travel to their own country for F1 races, and fans over the age of 45 are twice as likely to travel to F1 races abroad

• Four GPs remain critical to all fans – Monza, Spa, Silverstone & Monaco

The four main stations remain vital to all fans – Rio Monza, Spa, Silverstone and Monaco

• Significant increase in popularity for Austria, Baku, Zandvoort and Bahrain

Support in Austria, Baku, Zandvoort and Bahrain increased significantly

• For Race Promoters, the key GP features remain unchanged – ease of travel, ease of parking, good vantage spots, a strong support race package, together with Pit Lane Tours

For event promoters, the main features of F1 races remain the same – easy travel, easy parking, good transportation, good event packages, and pit stop tours

• Fans willingness to pay 20% more on race tickets than 2017, mean 3-day ticket price of $195 indicated

Fans are willing to pay 20% more tickets than in 2017, with a 3-day price of $195

Formula 1 continues to be an increasingly media-driven sport, with less than 20% of Formula 1’s most-avid fans attending a Grand Prix in the past five years. While 75% of Survey respondents reside in a country with a ‘home’ Grand Prix; only 2.5% of fans have attended their local race each year since 2017.

F1 is increasingly driven by the media, with less than 20% of F1 fans participating in an F1 race in the past five years. While 75% of survey respondents live in a country with a "home" F1 race, only 2.5% of fans have competed locally since 2017.

GP Race Attendance Per Annum (2005-2021)

The number of times I went to see the F1 race from 2005 to 2021

Formula1 in 2021 - F1 Official Report (III)

Preferred Number of GPs Per Season (2005-2021)

Number of races watched per season (2005-2021)

Formula1 in 2021 - F1 Official Report (III)

• The Untouchables (4):

Most popular tracks (4):

Monaco, Monza, Silverstone, Spa

Monaco, Monza, Silverstone, Spa

• The Popular Perennials (5): Australia, Brazil, Canada, Japan, USA

Popular countries (5): Australia, Brazil, Canada, Japan, USA

• The New Favourites (3): Azerbaijan, Abu Dhabi, Singapore

New favorite (3): Azerbaijan, Abu Dhabi, Singapore

• The Welcome Returnees (4): Germany, France, Austria, Netherlands

Most Popular Overseas Grand Prix (4) : Germany, France, Austria, Netherlands

Fans’ Ranking of GP Importance (2005-2021)

The most important Grand Prix in the minds of fans (2005-2021)

Formula1 in 2021 - F1 Official Report (III)
Formula1 in 2021 - F1 Official Report (III)

GP Features Influencing Attendance (2015-2021)

What factors attract fans in the race?

Formula1 in 2021 - F1 Official Report (III)

Fare for F1 races

Good Value

Worth

21.2% of fans considered it worth the money, and the accepted price increased from 96.99 yuan to 117.53 yuan

Reasonable Value

Reasonably priced

20.8% increase from $120.72 to $145.82

20.8% of fans thought the price was reasonable, and the accepted price increased from 120.72 yuan to 145.82 yuan

Expensive

expensive

50.0% increase from 163.15 to $244.75

50% of fans believe that the fare is expensive, and the accepted price has risen from 163.15 yuan to 244.75 yuan, an increase of 50.0%

Too Expensive

Too expensive

66.5% increase (16.6% pa) from $208.17 to $346.62

66.5% of fans thought the fare was too expensive, and the accepted price increased from 208.17 yuan to 346.62 yuan

In the period between 2017 and 2021 we recorded fans’ willingness to pay rise by between 20% - 65%.

Between 2017 and 2021, fans' willingness to pay increased by 20%-65%.

Formula1 in 2021 - F1 Official Report (III)
Formula1 in 2021 - F1 Official Report (III)