Try GOLD - Free
DRIVE TO WIN
Newsweek US
|June 09, 2023
FORGET MERELY SURVIVING. FORMULA 1 CEO STEFANO DOMENICALI'S GOAL IS TO CAPTURE THE HEARTS, MINDS AND WALLETS OF AMERICA
DUTCH DRIVER MAX VERSTAPPEN MAY HAVE claimed victory at the Miami Grand Prix on May 7, but it was Formula 1 president and CEO Stefano Domenicali who was the real winner. The second running of the race was the first of three grand prix in America this racing season the most held on U.S. soil in nearly 40 years in a resurgence led by the Italian executive and the series' Colorado-based owner, Liberty Media.
Through clever marketing via social media and the hit Netflix series Drive to Survive, plus enough youth-friendly "woke" ideology to ruffle the feathers of the Miami Grand Prix's host state governor, Ron DeSantis, Formula 1 is capturing the imagination of a new generation of American fans. With a seemingly glamorous, celeb-filled international jet set vibe and the buckets of cash that come with it- reigning champion Verstappen is said to be raking in $55 million to drive his Red Bull Honda this season-it is not hard to see how Formula 1 has turned more than a few young heads in the past few years.
"This is an incredible opportunity to make sure that the new fans watching for the first time are captured by us," Domenicali told Newsweek before the Miami race. "Explaining the sporting excitement that is on the track, explaining the incredible experience that we want to give to the fans that are attending the races, and explaining the passion and the technology that is behind the scene of Formula 1 and making sure that we give to our new American audience all the elements for them to choose. We want to make sure that they have everything [so] they're going to choose Formula 1, for bigger growth for us in this incredible country."

This story is from the June 09, 2023 edition of Newsweek US.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Newsweek US
Newsweek US
STRAIGHT FROM THE HEART
Kenny Chesney's grit and authenticity have earned him a string of hits and a legion of fans-his No Shoes Nation. Yet despite his induction into the Country Music Hall of Fame, the singer-songwriter isn't slowing down
11 mins
November 14, 2025
Newsweek US
Hungry for Data
Failing to feed Al tools with company knowledge can create a costly learning gap, experts tell Newsweek
5 mins
November 14, 2025
Newsweek US
A HEALING GANG
Actor Tim Robbins finds his greatest personal and professional fulfillment in four decades of his theater troupe's prison work
6 mins
November 14, 2025
Newsweek US
MELISSA PETERMAN
FOR MELISSA PETERMAN, THE FIRST SEASON OF NBC'S HAPPY'S PLACE WAS A dream come true; getting a second season is an embarrassment of riches.
1 mins
November 14, 2025
Newsweek US
AMERICA'S TOP ONLINE LEARNING SCHOOLS 2026
DIGITAL LEARNING PROVIDES STUDENTS AND EDUCAtors with more flexibility and personalization than traditional educational settings.
2 mins
November 14, 2025
Newsweek US
GLENN CLOSE
CONSIDERING THE NUMBER OF ICONIC WOMEN THAT HAVE WORKED ON RYAN MURphy projects, it’s shocking Glenn Close hasn't.
1 mins
November 14, 2025
Newsweek US
Smarter Slumber
The billion-dollar startup working to optimize health with better sleep
8 mins
November 14, 2025
Newsweek US
The Shrinking C-Suite
Companies are flattening their org charts—and even the top team is feeling the squeeze
6 mins
November 14, 2025
Newsweek US
A WAR 'AGAINST THE WESTERN WORLD'
Tensions simmer among neighboring NATO countries amid Russia's nearly 4-year-old conflict with Ukraine. Estonian President Alar Karis urges preparation for a 'different kind' of conflict
6 mins
November 14, 2025
Newsweek US
PATRICIA ARQUETTE
EVEN BEFORE PATRICIA ARQUETTE SIGNED ON TO PLAY MAGGIE MURDAUGH in Hulu's Murdaugh: Death in the Family, she was already \"obsessed\" with the infamous case of convicted murderer Alex Murdaugh.
1 mins
November 07, 2025
Translate
Change font size
