Max Verstappen has called the ‘biggest risk’ to F1’s boom due to alarming reception: PlanetF1

Max Verstappen has called the ‘biggest risk’ to F1’s boom due to alarming reception: PlanetF1

Max Verstappen has been described as the “biggest risk” to the Formula 1 business by a leading research analyst.

The Red Bull driver’s dominance over the last two seasons is far from what it is Driving to survive The era has been promised to the fans and a long way from the intense title competition for 2021.

To this extent, one research analyst described Verstappen as the “biggest threat” to Liberty Media’s Formula 1 empire.

Max Verstappen’s hatred of the spotlight poses a ‘danger’ for Formula 1

Unlike many other world champions, Verstappen is not one to seek the limelight. Instead of attending high-profile events and hanging out with celebrities, Verstappen prefers the areas around his home in Monaco where he can spend time with family and participate in sim racing.

“I have no desire to be able to spend time with famous movie stars,” he told Time magazine.

“I watch other sports, but there’s nothing that really excites me.”

Verstappen’s dedication to racing has seen his girlfriend Kelly Piquet become a substitute nanny on occasion.

“There were times when I said: ‘Okay, time to stop working,'” Pique said. “You have to give a gentle reminder that the sun is shining outside and, you know, there are other things to do.”

Verstappen’s on-track form, which has seen him win 17 of 20 races so far this year, has led to a decline in the number of fans watching the sport.

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So, with Red Bull and Verstappen’s continued dominance likely, Barton Crockett, a senior research analyst at Rosenblatt Securities who covers Liberty Media, Formula 1’s parent company, believes it poses a threat to the sport’s expansion.

“As great as Verstappen is, he now looks like the biggest threat to the business,” Crockett said.

But it’s not as if Formula 1’s popularity has fallen into disrepair. It generated $2.57 billion in revenue last year, up 44% since 2017, and Las Vegas expects 105,000 spectators on each of the event’s three nights.

It is also expected to have a greater economic impact than the Super Bowl held in the same city next year.

Despite this, Verstappen does not seem bothered by the suggestion that control leads to less interest.

“The NBA survived when the Chicago Bulls were dominant,” he says. “At the time, or even afterwards, people would say: ‘Oh, that was amazing.’ If you are a true fan of the sport, you should be able to appreciate the team’s performance very well.

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