Formula One

VIRÁG SZOMORA EXAM NR.: 319595 2013 JANUARY MANAGEMENT OF TECHNOLOGY ASSIGNMENT #3 BERNIE ECCLESTONE’S FORMULA FOR FORMULA ONE UNIVERSITY OF SOUTHERN DENMARK 2013 JANUARY 1 VIRÁG SZOMORA EXAM NR.: 319595 2013 JANUARY „They say Formula One is a market which it can’t be, obviously. Our market is independent, it’s a sport.” (Bernie Ecclestone) Formula One is one of the biggest businesses in the world since the 1980s. The motor racing sport itself is more than a century old

Formula One Racing Formula one is the fastest racing car in the world. It is called the greatest car show in the world. Formula one has a great influence on the people. Millions of people sit in front of the TV set or around the circuit and watch the race. The drivers are often called kings of speed and they show their ability to drive fast every second week of the season. People wondered about this racing many years ago. The cars were very different from today’s formula ones. The question

types are NASCAR and Formula One racing. These two racing styles share a common goal, and that is to cross the finish line in first place. Even with this common goal there are many differences between the two. The culture, rules and regulations, and the races. Formula One racing originated from overseas in Europe, and has now spread to many other countries including Australia, Asia, and South America. Its culture is more classy and elegant. Most of the people involved in Formula One racing are successful

Nascar or Formula One is. In the United States of America, Nascar is by far the most popular form of racing. This popularity allows the sport to have its “4.5 billion [dollar]” television contract that “began in 2007”(Odland). Meanwhile in the rest of the world, Formula One is the most popular. Evidently, Formula One generates an immense amount of wealth as well. Red Bull, a sponsor in Formula One, is thought to have generated “an estimated $283 million in brand exposure” in just one season alone(Smith)

across all platforms. Formula One (F1)

during his career. In 1970, he was killed during practice for the Italian Grand Prix and became the only driver to be posthumously awarded the Formula One World Drivers' Championship. Rindt started motor racing in 1961. Switching to single-seaters in 1963, he was successful in both Formula Junior and Formula Two. In 1964, Rindt made his debut in Formula One at the Austrian Grand Prix, before securing a full drive with Cooper for 1965. After mixed results with the team, he moved to Brabham for 1968

are two main competitors within motor sports that have a large and loyal fan base: Formula 1 and NASCAR. Formula 1 is an open-wheel motor sport that races exclusively on open roads. With respect to IndyCar, Formula 1 has more of a global appearance and appeal. Formula 1 hosts races in countries such as Australia, Brazil, and Japan, while IndyCar has most of its races held in China, Canada, and the United States. Formula 1 is designed to attract more than just the western half of the hemisphere. With

Literature Tammy Smithers Popular Culture 394, 001-2015-030 Professor J. Chowning April 29, 2015 America has been fascinated with racing since the 1800’s and there are so many types of auto racing in America and each one is unique. Automobile racing is a competition race between cars and drivers. Even the first motor race between steam engines took place around 1867, this was 65 years after the steam engine on the road. The first arranged race took place on August

The Formula 1 series is perhaps the most intense, skillful, challenging motor sport in the world. This racing consists of car companies ranging from Toyota to Ferrari all competing for one title of fastest in the world. F1 cars are the fastest cars in the world as of today around all tracks reaching corning speeds of 180-mph. However, there can be and have been faster f1 cars in the past. All Performance aspects of f1 cars have been drastically limited for safety since 1994. I would propose that

Formula racing is a term that refers to various forms of open wheeled single seater motorsport. Its origin lies in the nomenclature that was adopted by theFIA for all of its post-World War II single seater regulations, or formulae. The best known of these formulæ are Formula One, Formula Two, and Formula Three. Common usage of "formula racing" encompasses other single seater series, including the GP2 Series, which replaced Formula 3000 (which had itself been the effective replacement for Formula