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I don't know. There are many racing competitions but F1 is owned by the FIA.
by pier25 4y ago
I don't know. There are many racing competitions but F1 is owned by the FIA.
- rad_gruchalski 4y agoNo. Formula 1 is owned by Liberty Media. FIA does not own any racing series. FIA is a governing body. > The FIA is the governing body for world motor sport and the federation of the world’s leading motoring organisations. Founded in 1904, with headquarters in Paris, the Fédération Internationale de l'Automobile (FIA) is a non-profit making association. It brings together 244 international motoring and sporting organisations from 146 countries on five continents. Its member clubs represent millions of motorists and their families. https://www.fia.com/fia https://www.fia.com/fia
- pier25 4y agoYes, the commercial rights, but who decides on the regulations of the sport? Who determines the penalizations when teams/drivers do not follow the rules? But anyway my point was that F1 is not "open source" and it's quite successful.
- rad_gruchalski 4y ago> but who decides on the regulations of the sport? The FIA. But not because the sport is owned by the FIA. Formula 1 has selected the FIA as its governing body, not the other way around.
- oarsinsync 4y agoI’m a huge F1 fan, but I’m also confident that the total annual viewer hours of F1 pales in comparison to any other major sport. F1 was a sport born by the rich for the rich. Unlike every? other mainstream sport, you cannot and will not “play F1” in schools. There is no “amateur” F1. You can go to track days in different cars. You can go karting. The gulf between that and F1 is huge. Unlike football, or basketball, or cricket, or rugby, or volleyball, or…
- deleted 4y ago[deleted]
- pier25 4y agoYes but still, F1 is quite popular in some countries even considering how inaccessible it is. Globally it is much more popular than rugby, volleyball, cricket, etc. My point is simply that the popularity of sports is really a cultural phenomenon.