# @joepompliano on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/C5bEWmegYLH
- **Gondola URL:** https://gondola.cc/posts/26279489-joepompliano-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/d7340e00e3.jpg
- **Posted:** 2024-04-06T14:14:40.000+00:00
- **Account Owner:** Joe Pompliano (@JoePompliano) — https://gondola.cc/JoePompliano

## Caption

Formula 1’s growth under Liberty Media will be studied for decades.

Formula 1 Annual Revenue
• 2017: $1.8 billion
• 2023: $3.2 billion (+78% since 2017)

Average F1 U.S. Per-Race Viewership
• 2017: 538,000
• 2023: 1.11 million (+106% since 2017)

Formula 1 Enterprise Value
• 2017: $8 billion
• 2023: $16 billion (+100% since 2017)

And now Liberty Media is looking to replicate that success, acquiring the world’s top motorcycling racing series, MotoGP, for $4.5 billion.

Today’s video breaks down the deal. Enjoy!

#sports #formula1 #f1 #motogp #sportsbusiness #sportsbiz #mediarights #lewishamilton #maxverstappen

## Stats

- **Views:** 1,931
- **Likes:** 176
- **Shares:** 0
- **Comments:** 7

## Credits

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Grit | @GritPlayer | https://gondola.cc/GritPlayer | Media Production Company |
| Joe Pompliano | @JoePompliano | https://gondola.cc/JoePompliano | Client |

## Tags

mediarights, motogp, f1, formula1, sportsbusiness, sportsbiz, sports, maxverstappen, lewishamilton

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