24/7 Wall St.
11-04-2009, 06:00 AM
24/7 Wall St. Daily News
The three major car racing circuits–Formula One, NASCAR, and Indy Car–have built a multi-billion business. Formula 1 revenue which includes sponsorships and broadcast fees is estimated to be $3.9 billion which is more per event than either the NFL or The Premier League of soccer clubs. Toyota (NYSE:TM) has elected to pull out of Formula 1 [...]
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The three major car racing circuits–Formula One, NASCAR, and Indy Car–have built a multi-billion business. Formula 1 revenue which includes sponsorships and broadcast fees is estimated to be $3.9 billion which is more per event than either the NFL or The Premier League of soccer clubs. Toyota (NYSE:TM) has elected to pull out of Formula 1 [...]
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