Williams Racing’s Post

Demystifying Andretti’s failed F1 bid & anti-dilution fees explained: https://bit.ly/4brV8LK This article explores the commercials relating to an eleventh team on the F1 paddock and how it affects the value distribution among the F1 Teams. It examines the financial reasons behind the decision, including the impact on existing teams' prize money and the potential need for a higher anti-dilution fee. Thank you to the authors for contributing: Shalabh Gupta, CA, CBV, CFE, Amran Nawaz, CPA, CA, CBV & Daniel Nazareth Secretariat #sportslaw #F1

FIA clears all 10 Formula 1 teams in Cost Cap compliance review for 2023 Financial Regulations. It also does to four power unit manufacturers', but finds Alpine and Honda with procedural breaches: https://lnkd.in/gXs4ZUAH #F1

Goldman Sachs Research - Formula One Liberty Formula One (FWONK) reported 1Q24 results that beat consensus expectations on consolidated Revenue ($587M vs Visible Alpha Consensus Data of $561M) and Adjusted OIBDA ($202M vs $162M). The beat to Revenue was driven by better-than-expected Primary F1 Revenue ($463M vs $431M), which increased 48% YoY helped by the inclusion of one extra race held in the quarter, new sponsorship and media rights deals and underlying contractual step-ups. The beat to Adjusted OIBDA was driven by greater than expected operating leverage on Team Payments and lower other net expenses. In total combined SG&A and Other Costs of F1 expenses of $182M beat consensus expectations of $198M. We expect the results to be well received given the implied better than expected top line performance from its core Race Promotion, Media Rights and Sponsorship business and the continued demonstration of team payment operating leverage. Formula 1 #F1 #Formula1 #FormulaOna

F1 2026 is here! 🚨 The FIA and Formula 1 have previewed the long-awaited 2026 chassis regulations to accompany the previously confirmed 2026 Power Unit regulations. What are your first impressions? Full story >> https://lnkd.in/eQ2qnXQb #Regulations #BreakingNews #Formula1 #Technical #MercedesAMGF1

I had great fun researching and writing about the FIA F1 Financial Regulations and Cost Cap for LawInSport alongside Kavan Bakhda and Heather Lynch Check out the post below for the full article. #Formula1 #CostCap #Motorsport #F1

2024 P&I Renewal : the Summary The recap of IG Clubs requirements for the 2024-25 Renewal is the epilogue of the Lockton PL Ferrari Renewal bullettins, seamlessly transitioning into our forward-focused initiatives to meet our Clients needs.

It's silly season in F1 but do you know really hold the cards ? 🃏 🗣️ Not the driver because despite they express their wish and are the signatories, they do not have all the details including legal to influence a decision. 📋 Well, once again it’s the managers. They have the request of their client, those of the teams and the information that can give them an advantage to have the best possible deal. 📊 This is also where we see which driver is well surrounded, example he aims for a top team and finds himself in a second zone team.  Or the manager makes his pilot sign a contract without really knowing the legal aspect and makes him sign penalty clauses. 😎 This is once again an example of the shadow work of a manager. #f1 #motorsport #manager #sillyseason #contract #deal #formula1

I try to limit myself to one F1 related article to share a year... this look at the Williams team parts deliveries, and how it compares to other teams is fascinating. I imagine it's always hard to see if you're efficient or not compared to competitors until you get some outside eyes on things. https://lnkd.in/gQGvg6u4