The United States Grand PrixOn SundayIn Austin, TexasThe last race in a contract is. Formula1 signed with CircuitThe AmericasIn 2012, however, Grand Prix has become so popular that the track’s chief executive, Bobby EpsteinHe is optimistic that a new agreement will be signed.
“We’ve proven this is an event that now has tradition, is something you can’t buy, and it takes years to establish,” EpsteinInterview. “When you find a formula that works, you don’t want to lose that.
“AnythingIt would cause a halt to the momentum, which could prove irreversible. Given that we start with that as a point of agreement, I’m fairly optimistic this will continue for a long time.”
Formula 1 officials would not comment on the race’s future.
The United States Grand PrixReturn to the Formula9 years ago (after a five year hiatus). ItLast held in 2007 Indianapolis and had spent much of the 1960s and ’70s in upstate New York. The AustinThe circuit, a purpose-built track was revealed to great acclaim.
Daniel RicciardoMcLaren is a huge fan.
“Everything Austin I love,” he said. “First year we went there, I didn’t really know much about it. I went in with an open mind and was amazed at how beautiful the city was and the people. TheThe atmosphere was amazing at the track.
“TheTrack is cool and fun. It’s all my favorite thing. ThereYou can pass certain points on the track, which isn’t always so easy these days in F1, so this is great. You can get creative.”
LikeAny business that suffered from the coronavirus epidemic. The race was canceled in 2020, with “revenue down 96 percent,” Epstein said.
“We couldn’t have had a lower low than the spring of 2020, when we had to lay off so many of our staff,” Epstein said “That makes this year feel all that much more exciting.”
The Grand PrixPopularity has increased with attendance increasing by around 20% since 2015. ThisThis weekend, more than 350,000 people will be expected.
“We’ve certainly seen the demand for tickets is there,” Epstein said.
“We could have probably sold another 100,000 above what we have sold this year.”
He said “millions have been invested in the infrastructure.” ThisNew permanent and temporary grandstands featuring 37,000 seats.
ThereThe track has a new bridge connecting the fans and the infield. Rodeo DrivewayThe area is home to high-end restaurants and shops, as well amusement rides.
“The improvements have allowed us to increase the number of tickets we have been able to sell and, in turn, greatly increase our budget for entertainment at the event,” Epstein said.
TheThe growth of U.S. fans is also influenced by Netflix’s “Formula 1: DriveTo Survive” series.
“There’s no question the Netflix series has just had a massive impact,” Epstein said. “WhereWe now see more repeat buyers. This indicates that there is more family coming.
“SimultaneouslyWe have moved from previous attendance levels to this new stratosphere because of the increase in ticket buyers and inquiries. That’s the Netflix effect of bringing in new people.”
BeforeThe race had to overcome the effects of the pandemic. Mexican Grand PrixWhen 2015 was MexicanFans who came to AustinIn the past, they bought tickets for their home events.
Epstein said the first year “was certainly a punch, and somewhat so the second year.” ItThe growth of American fans eventually compensated.
NextThis year, there will only be two races United StatesThey were held for the first time in 1984, which was the year they were first held. DallasAnd DetroitIf you are unable to attend, AustinContract is signed The Miami Grand PrixIncoming May.
“There is absolutely room for both,” Epstein said. HeThe company is certain that Miami race “will be very complementary to our event, given the time on the calendar and the differences in the experience.”
Source: NY Times