Formula 1's CEO Sees Expansion in Digital Platforms

Formula 1's CEO Sees Expansion in Digital Platforms

Assessment

Interactive Video

Business, Physical Ed

University

Hard

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Quizizz Content

FREE Resource

The transcript discusses the current state and future plans for Formula 1, focusing on expanding its global appeal, particularly in Asia. It highlights the importance of digital platforms and technology in engaging fans and emphasizes the need for long-term strategies and partnerships to grow the sport. The discussion also covers the significance of the Singapore Grand Prix and ongoing negotiations to continue hosting the event.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been a significant change in F1 events this year?

Fewer races in Europe

Increased digital engagement initiatives

Less competition on the track

Decreased attendance at races

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is F1 planning to expand its appeal in new markets?

By limiting access to premium content

By focusing solely on traditional media

By leveraging digital platforms and technology

By reducing the number of races

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current status of the Singapore Grand Prix negotiations?

The event is moving to another country

An agreement has been finalized

Negotiations are ongoing

The race has been canceled

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the Singapore Grand Prix considered important for F1?

It is the only race in Asia

It is the least profitable race

It has the smallest fanbase

It serves as an anchor race for the region

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge has F1 faced in markets like Korea and India?

Short-term, deal-driven approaches

Overwhelming competition from other sports

Lack of interest from local fans

Too many races in these countries

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key strategy for F1's growth in Asia?

Reducing the number of races

Building long-term partnerships

Focusing on short-term deals

Ignoring local market expertise

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the ultimate goal for F1 events worldwide?

To host 21 Super Bowls around the world

To limit races to Europe

To focus only on traditional media

To reduce the number of fans