Hennessy Ends Newbury Race Sponsorship TLA Worldwide Announces Marketing Firm Image Rights Payments Back In Focus Nike Extends Kit Deal With FA Anta, Thompson Negotiating Contract Extension Marketplace Roundup Free-TV Debut Draws More Than 500K Delta Beverages Severs Ties With PSL ACT Brumbies Partner With Plus500 Braunschweig Reports Seven-Figure Profit
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/July 28, 2014/Marketing and Sponsorship
Daimler Chair Dieter Zetsche Criticizes F1 CEO Bernie Ecclestone's Marketing Approach
Published July 28, 2014
WANT MORE GREAT STORIES LIKE THIS?
CLICK ON ONE OF THESE BUTTONS
CALL FOR SUMMIT: In London, Kevin Eason reported Ecclestone "is calling a summit meeting to explore ways of halting Formula One's slide in popularity amid a veiled warnings" that Mercedes may quit the sport. F1 "was shaken by empty grandstands a week ago at Hockenheim and there were rows of seats without spectators at the Hungaroring during qualifying for the Hungarian Grand Prix." The 83-year-old "is widely seen as out of touch with social media and modern marketing activities." Mercedes F1 Dir Toto Wolff said that a small panel, which could include representatives from the media, "will attempt to come up with a raft of new ideas to arrest F1's decline." Wolff: "We have seen some great racing and some packed race tracks, at Austria, Montreal and Silverstone, but then we have seen smaller audiences here and at Hockenheim. Why is that? So we are going to come together and come up with ideas" (LONDON TIMES, 7/27). AUTOSPORT's Jonathan Noble reported former F1 Team Principal Flavio Briatore "is to be involved in a new working group" being set up by Ecclestone "to look at ways of making the sport more popular." Pressure has been growing on Ecclestone "to try to arrest a decline in television audience and spectator numbers this season amid concerns F1 is not embracing a new generation of fans." Ecclestone "met with team principals at the Hungarian Grand Prix on Saturday morning and informed them that he plans to host a summit meeting over the next few weeks with a few outfits, plus Briatore, to consider ideas." Briatore "has not been involved in F1 since he had to step down at Renault in 2009 due to his part in fixing the 2008 Singapore Grand Prix" (AUTOSPORT, 7/26)