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Why F1 has to put business first

The latest part of our 'What is F1?' series focuses on the costs of Formula 1 and whether its business model is irrevocably broken

What is F1

Formula 1 is battling an identity crisis that will only end if it faces the challenge of understanding the qualities that define it. Each week, Ben Anderson and leading paddock figures will try to pin down Formula 1's fundamental appeal to fans.

Formula 1 is often beaten with a stick wielded by those who believe it has forsaken sport for business. The argument goes that those involved have become so rich and greedy that they care more about making money than delivering healthy and close competition on track.

The reality is that Formula 1 cannot hope to be a global, professional sport without putting business first.

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