The Score More Staff
Austin, November 20, 2023
In the midst of a lighthearted remote-controlled truck race at Oracle’s Austin campus, Formula One’s reigning champion, Max Verstappen, reveals a glimpse of his competitive spirit. The three-time world champion, currently enjoying one of the most dominating seasons in F1 history, giggles like a child while crashing toy trucks. Verstappen’s charisma and relentless pursuit of victory have propelled him into the spotlight, making him the face of Formula One during a transformative period for the sport.
In the 2023 season, the 26-year-old Dutch driver has shattered records, winning a remarkable 17 Grand Prix races, including 10 consecutively—an F1 record. His outstanding performance has secured him the championship title, marking a significant shift in the F1 landscape. Verstappen has not only replaced Lewis Hamilton as the sport’s leading figure but has done so during a period of unprecedented growth.
Formula One’s popularity has surged globally, with a 44% increase in revenue since 2017, reaching $2.57 billion last year. The sport’s revival in the United States is particularly notable, fueled by the success of the Netflix series “Formula 1: Drive to Survive.” The upcoming Las Vegas Grand Prix, set for November 18, is expected to draw massive crowds, projecting an estimated economic impact of $1.3 billion.
However, amid this flourishing era for F1, questions linger about whether Verstappen is the ideal ambassador. Unlike the charismatic and fashion-forward Lewis Hamilton, Verstappen maintains a lower profile in the sports-celebrity scene. His focused and often polarizing approach to racing has led to a mixed reception from fans and critics alike.
Verstappen’s dominance on the track, combined with his nonchalant attitude toward the celebrity aspect of the sport, has sparked debates about the potential impact on F1’s fan base. Despite his undeniable talent, Verstappen faces challenges in winning over a broader audience, as evidenced by the boos he received on the podium in Austin.
As Formula One continues to modernize and expand its reach, Verstappen’s role as the sport’s leading figure may require a delicate balance between on-track excellence and engaging with fans off the track. The upcoming Las Vegas Grand Prix will serve as a test of whether Verstappen’s racing prowess can translate into broader appeal, especially in a market influenced by the “Netflix effect.”
Meanwhile, as Verstappen reflects on his achievements and contemplates the future, he acknowledges the toll of the racing lifestyle. Expressing interest in other forms of motor racing, he hints at the possibility of exploring new challenges outside the F1 realm.
While Verstappen’s impact on the business side of F1 is undeniable, questions about his long-term commitment and the evolving dynamics of the sport remain. As the Las Vegas Grand Prix approaches, all eyes will be on Verstappen, the man steering Formula One into a new and exhilarating era.