Menu
Events and Attractions

F1's U.S. Grand Prix At COTA On Pace To Beat Ticket Sales Record

Organizers for the upcoming F1 U.S. Grand Prix at Circuit of the Americas said that they are "on pace for the best year of ticket sales" since '12, the inaugural year of the Austin race, according to Chris Bils of the AUSTIN AMERICAN-STATESMAN. Overall sales for the Nov. 1-3 event are "up 15% from last year, when F1 reported 263,160 attended the weekend and 111,580 came on race day." COTA Chair Bobby Epstein said, "This is the first time since the inaugural year that all the reserved grandstand seats will be sold out." Officials believe that the "top reason for the increase" is the Netflix documentary series "Drive to Survive" that was released in March. In surveys, first-time ticket buyers have "overwhelmingly selected it as their top reason for attending." It is "not clear whether the early sales will translate to a new attendance record, but the piqued interest in the sport from a U.S. audience is an encouraging sign for both COTA and F1." It comes at a "particularly good time for the Austin track, with ongoing discussions about a contract extension for the USGP." The initial 10-year contract for the race runs through '21 (AUSTIN AMERICAN-STATESMAN, 10/24).

EXTENSION TALKS NOT GOING SMOOTHLY? RACER.com's Chris Medland wrote the impending departure of F1 Managing Dir of Commercial Operations Sean Bratches at the end of this year is a "point of concern" for COTA as it "looks to negotiate a new contract" for the U.S. Grand Prix. Epstein admitted that talks over an extension past '21 are "proving difficult due to Bratches’ impending departure from his role." Epstein said, "We have some work to do. It’s also concerning when you negotiate with a guy and you’re dealing with a partner who you know is not going to be in that same seat when they promise you something. It is difficult to shake hands and do a deal with the guy who promises you certain things and you know is not going to be there to see through." He added, "We intend to be the partners for the long term, and it does help to have the guy sitting across the table also be duly invested in the long-term future of the company and the business. That certainly is of some concern" (RACER.com, 10/23).

SBJ Morning Buzzcast: April 25, 2024

Motor City's big weekend; Kevin Warren's big bet; Bill Belichick's big makeover and the WNBA's big week continues

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2019/10/24/Events-and-Attractions/COTA.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2019/10/24/Events-and-Attractions/COTA.aspx

CLOSE