The most famous motorsport of all-time came to the United States this weekend, and there is nothing ordinary when it comes to the United States as far as we know, from the extravagant spending to the overwhelming craze of the fans, US makes any sport feel like it was meant for the people of US to enjoy. But F1 is something different, and the popularity of the sport is something on the next level.
The F1 is a very expensive sport, and I don’t exaggerate when I say very or even extreme for that matter, let’s say it’s a rich man’s sport if you even think of entering it at any level. The cost of building the machines and the cars that run in these races around the world is just mind-boggling, and the amount of research and development in these things is just ridiculous at any level, and they make some of the most advanced techs in these things. But where does the money come? Sponsorships are a major part of any team’s development, the better the sponsors better the funding and better the research and development. American brands have boosted their sponsorship of Formula One by 48.3% to an estimated $118.5 million annually since the début of the United States Grand Prix in 2012, and this has been essential in giving the sport a push that was the somewhat low key needed.
The United States Grand Prix also has huge viewership in the tracks as it the one-time bonanza for the motorsport lovers of the motorsports, which are quite popular in the United States, given the nation’s love for cars.
Tags : United States Grand Prix in 2012, United States, F1, American brands,