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How the Increase in Fans Has Helped Formula 1

Auto Racing, NASCAR, F1, Formula 1 article at Knup Sports

A decade ago, Formula 1 overlooked the relevance of reaching a younger audience. However, with the emergence of the Netflix series “Drive to Survive,” the sport has recognized the potential of this demographic and experienced a significant surge in popularity.

The series has not only provided deeper insights into the lives the favorite racers for existing fans but has also attracted new viewers who previously may have not shown interest in the sport.

Formula 1 Viewership Numbers

Following the release of “Drive to Survive,” the 2019 Formula 1 season witnessed an average viewership of 671,000, representing a remarkable 21 percent increase from 2018.

This growing viewership prompted ESPN and Formula 1 to extend their partnership through a multi-year contract, spanning until the 2025 season. Notably, the age group of 12 to 17 experienced a substantial 49 percent increase in viewership, with around 36,000 viewers from this demographic tuning in to every race.

Additionally, women’s engagement with Formula 1 increased, with an average of 352,000 viewers per race, marking a 34 percent increase from the 2021 season and comprising approximately 28 percent of the total audience during the 2022 season.

How it Happened

Creating a relationship with this new Formula 1 audience is pivotal for demonstrating the longevity and continued relevance of the sport. By attracting younger viewers and engaging previously underrepresented demographics, Formula 1 can secure a more diverse and sustainable fan base.

The success of “Drive to Survive” and the subsequent rise in viewership underscore the importance of exploring new avenues to connect with audiences and adapt to evolving entertainment preferences.

Longevity of Young Fans

Despite skeptics doubting the long term commitment of newer fans, it is essential to acknowledge that these fans are here to stay. Their sustained interest is primarily attributed to the relatbaility factor.

The active presence of the drivers on social media platforms and their closer age proximity to younger fans make them more approachable and relatable.

“Drive to Survive” has played a significant role in introducing and familiarizing younger fans with the sport, creating an intimate connection and deeper understanding of Formula 1.

This personal connection allows younger fans to form their own opinions and choose the drivers they want to support, making them loyal to a specific driver and strengthening their bond with the sport.

The lasting impact of these younger fans on Formula 1 is huge. The heightened connection between fans and racers has led to increased ticket sales, as fans eagerly support their favoirt drivers and perceive them as more approachable.

Social media engagement extends beyond race days and individual drivers, benefiting teams by gaining exposure, attracting sponsors, and securing brand deals.

The real Stories portrayed in the series have empowered fans to become active participants in the Formula 1 community. Some fans are even inspired to pursue careers in racing, fueling their passion and potential becoming future drivers, mechanics, or team members.

Conclusion

In conclusion, the connection between younger fans and Formula 1 surpasses superficial engagement.

The relatability factor, supported by the active presence of races, has resulted in higher ticket sales, increased social media engagement, and potential long term brand exposure and sponsorship opportunities.

Furthermore, “Drive to Survive” has helped push younger fans to become more enthusiastic supporters ensuring the longevity and continued growth of Formula 1.

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