Transcript
Introduction
Patrick
In today's episode, we introduce another unique format for Business Breakdowns. We will be diving into the iconic global motorsport brand Formula One. To break down F1, I'll be joined by F1 CEO, Stefano Domenicali and Arman Gokgol-Kline, a partner and investor at Ruane, Cunniff, and Goldfarb.
To start the conversation Arman and I frame the business of F1 with a high-level overview of how the league operates and generates revenue. Then Arman joins me to speak to Stefano who was appointed CEO of F1 in late 2020 after the league and teams agreed to their latest Concorde agreement, which governs stakeholders across the ecosystem. We touch on Stefano's own story growing up with Formula One, how the team driver and ownership, worlds align, and what gets him most excited for the brand moving forward.