Formula E reported on audience growth and revenueSeptember 12, 2019
In July, the fifth season of Formula E, the “formulaic” electric car championship, ended. The organizers of the series published data on audience size and revenue – compared with the fourth season, growth was achieved in many indicators.
So in the fifth season, the revenue of the organizers of Formula E was 200 million euros, which is more than 50% higher than in the fourth season. For the first time in the history of the racing series, EBITDA was positive. However, specific figures in the Formula E are not given.
The racing series continued to attract a young audience. So on social networks, the age of 72% of all Formula E subscribers does not exceed 35 years, and the number of subscribers has increased by 212% compared to the fourth season.
The fifth season of Formula E was visited by a record number of spectators – in total, more than 400 thousand people watched the stages of the past championship from the stands. The organizers also reported on the growth of the television audience by 24% year on year. At the same time, the total television audience of 13 races amounted to 411 million people.
The sixth season of Formula E starts in Saudi Arabia, where the first two races of the championship will be held on November 22 and 23.
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