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Motley Fool Hidden Gems Investing

Does F1 Need Netflix?

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 23 March 2024

⏱️ 31 minutes

🧾️ Download transcript

Summary

The Netflix show “Drive to Survive” completely changed the sport of motor racing. But Formula One’s story begins long before the streamer stepped in. Joshua Robinson and Jonathan Clegg are sports reporters at the Wall Street Journal and co-authors of the new book, “The Formula: How Rogues, Geniuses, and Speed Freaks Reengineered F1 into the World’s Fastest Growing Sport.” Ricky Mulvey caught up with them both to discuss: How a used car dealer became a global entertainment magnate. Why the underdog never seems to win in racing. The inseparability of Ferrari and F1. Host: Ricky Mulvey Guests: Jonathan Clegg, Joshua Robinson Producer: Mary Long Engineers: Rick Engdahl Companies discussed: LSXMA, FWON.A, FWON.B, FWON.K, RACE, MBGY.Y, NFLX, AAPL Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Ferrari has used F1 as its primary marketing tool forever and is so intrinsically linked to the sport.

0:07.6

It's the only team that has participated in every season of Formula One.

0:11.6

And it was Bernie who said a long time ago in conversation with Enzo that

0:17.8

Formula One is Ferrari and Ferrari is Formula One. You cannot separate one from the other.

0:22.6

So all of that contributes to a huge amount of pressure to perform

0:27.1

that often Ferrari collapses under.

0:29.1

I'm Mary Long, and that's Joshua Robinson, a sports reporter at the Wall Street Journal and co-author of the new book, The Formula,

0:40.0

how rogues, geniuses, and speed freaks re-engineered F1 into the world's fastest growing sport.

0:47.1

My colleague Ricky Mulvey caught up with Joshua and his co-author Jonathan Clegg for a deep dive

0:52.2

into the world of motor racing. They also discuss

0:55.0

why Formula One's parent company is happy to have you forget the sports pre-2017

1:00.3

history, the evolution of Ferrari's mythology, and whether the timing of Netflix's drive

1:06.8

to survive was a lucky punch or a stroke of genius. Joshua and John, I have to say I was reading your book on a flight and there's a part of me

1:18.2

where I'm like I'm going to read 20 pages of this book.

1:20.2

It's a book for work.

1:21.2

All right, fine.

1:22.2

I ripped through this thing. I had so much fun reading the formula

1:25.2

I'm delighted that you are able to to join us today. I know you can't probably label it like this, but I think it is a

1:32.2

It is a excellent and entertaining prequel to drive to survive if you're a

1:36.6

fan of the show on Netflix so thanks for joining us on Motley Full Money

1:39.2

Thanks for having us yeah thank you so one of the things you write, you say,

1:43.4

basically Formula One is perfectly happy for its fans

...

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