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Studies the case of Formula 1® to show how businesses can achieve optimal performance in competitive and dynamic environments.
This text examines the business and finances of Formula One. It looks at the interplay between the businesses and financiers of the sport, the organizations and vested interests that control Formula One, the manufacturers and sponsors that invest huge sums, the millionaire drivers, the role of the media, and the cutting edge technology invented and installed into the cars.
In this riveting insider's account of over 30 years in the Formula One industry, Mark Gallagher explains what it takes to succeed in a competitive business with high technology, high finance and immensely high stakes. Like any global business, Formula One demands the best from its people. To thrive within it requires impeccable leadership and communications skills, as well as the ability to design, manufacture, develop and bring to market a constantly improving high-technology product and constantly work to immoveable deadlines with an immense supply chain and tight regulations. The Business of Winning sets out a one-stop management guide for executives keen to emulate this high-speed, high-impact approach to business. Based on hard-won experience and practical examples of how owners, drivers, teams, technicians and sponsors deal with the full range of management questions and issues they face every day, Mark Gallagher brings the drama of the Formula One business to life in vivid detail. Online supporting resources for this book include a bonus chapter taking the fear out of the future.
This book, the first study of its kind, examines the economics behind motorsports, in particular Formula One. Chapters discuss the costs involved in Formula racing and how they are borne by teams, promoters and racers. The book also looks at how society, the public and the private sectors stand to benefit economically from the motorsport industry. Other issues like the economics of TV rights, sponsorship and sustainability are also addressed, again for the first time in an economics book. Moving beyond the economics of what happens off the track, the book also undertakes a serious examination of what goes in to making a winning team and what having a winning racer can do for a team’s fortunes. Mourão’s highly relevant and contemporary book also looks at how motorsport teams confront the challenges of the modern sporting world, including the changing dynamics of sports media and considers the future of Formula 1 as motorsports evolve.
Zoom past the competition and learn from the world of Formula One to lead your business through disruption and change.
Formula One 2022, the world's bestselling Grand Prix handbook, is the essential resource for the season ahead. Formula 1 fans will be kept fully up to speed with detailed examinations of all the teams racing in 2022 (from Mercedes and Red Bull to Ferrari and Aston Martin), every driver in competition (including Charles Leclerc, Max Verstappen and Lewis Hamilton), and all the tracks featured on the packed Grand Prix calendar. It also reviews the 2021 season with race-by-race reports and statistics; highlights changes to the rules and regulations for 2022, and discusses major talking points in F1. As well as the drivers' and constructors' world championship tables from 2021, there is a fill-in guide for 2022, so each book can become a personalised record of the Formula One season. Complementing Bruce Jones's insightful text are dozens of color photographs, detailed circuit maps and a statistics section containing the major records from more than 70 years of the world's most thrilling and glamorous motor sport.
From Ross Brawn—one of the most successful figures in Formula One auto racing—comes a compelling insider’s account of what it takes to win, featuring practical advice for overcoming obstacles and becoming a champion both on and off the racetrack. Formula One racing is a wildly popular global sport with millions of fans and billions more engineering dollars at stake. For four decades, Ross Brawn has been one of the most innovative technical directors and team principals in the high-stakes world of Formula One. He is considered the most successful competitor in the history of Formula One to date, and “the closest thing there is to a certifiable genius” (The Wall Street Journal). Leading Benetton, Ferrari, Honda, and Mercedes, he has worked with legendary drivers such as Michael Schumacher, Jenson Button, and Lewis Hamilton to make them Grand Prix champions. Now, in this fascinating book, presented as a frank conversation between Brawn and fellow Formula One competitor Adam Parr, Brawn reflects upon his career, shares the philosophies and methods that led to his success, and offers lessons that every leader working with teams—at work, play, or home—can use to achieve their own goals, too. Brawn and Parr share details about the unique pressures of Formula One racing and the intense, cutthroat world they inhabited, where coming in second place is never good enough. Just as Phil Knight recounted his accomplishments and devastating setbacks in the building of the Nike brand in the New York Times bestseller Shoe Dog, this book also provides a blueprint for leading teams, imparting lessons such as “Embrace Humility,” “Invest in People and Culture,” “Strive for Simplicity, Manage Complexity,” and much more.
*THE SUNDAY TIMES BESTSELLER* HOW DOES A PIT CREW CHANGE FOUR WHEELS IN 1.9 SECONDS? AND WHAT DOES THAT MEAN FOR A COMPANY LIKE BLACKBERRY? WHAT IS RON DENNIS' SECRET TO GOOD TIME MANAGEMENT? AND HOW CAN THAT HELP TV PRODUCERS? WHY IS F1 THE PERFECT EXAMPLE FOR LEADERSHIP, MOTIVATION AND STRATEGY? AND WHAT CAN WE LEARN FROM IT? In The Winning Formula, driver, commentator and entrepreneur David Coulthard opens the doors to the secretive world of F1 and reveals in simple, entertaining and utterly compelling terms how he has been able to master this mind-boggling variety of disciplines by applying the skills honed from his years at the top of the world's most demanding motorsport. By recounting his own stories, and combining them with first-hand experience of stellar individuals such as Lewis Hamilton, Ron Dennis, Sir Frank Williams, Christian Horner and Sebastian Vettel, Coulthard provides a fascinating fly-on-the-wall insight into F1 but at the same time offers an invaluable guide to the business of sport and the sport of business.
Bask in Formula One glory with this 240-page, large-format tribute to all 34 F1 World Champions, featuring exhilarating photography and expert commentary. Since the Grand Prix’s start in 1950, just 34 men have achieved the accolade of F1 World Champion. For the first time, legendary F1 commentator Maurice Hamilton and award-winning photographers Bernard and Paul-Henri Cahier bring the heroes of this iconic sport together, in a stunning photographic portrayal of the poise, skill and winning mindset that separates the fast from the furious, the elite from the talented. Formula One and its champions are brought to life with: An exquisitely written profile of each of the 34 F1 World Champions, with key details from the driver’s life and F1 career Stunning photography of the drivers and their cars, both on and off the track Historic interviews with the sport’s lost heroes, including James Hunt and Ayrton Senna Exclusive quotes from icons such as Max Verstappen, Lewis Hamilton and Nico Rosberg A foreword by Bernie Ecclestone, former chief executive of the Formula One Group Debate has raged over which driver is the best of the best. It is impossible to say. But that will not deter energetic and informed discussion, usually predicated on a personal preference swayed by affection. Each of these champions will have experienced and delivered pulse-raising performances many times over. With this handsome homage to the most ferocious of sports and the incredible sportsmen who drive at the edge in pursuit of greatness, it is time to choose your favorite F1 Champion.
A fascinating insider's look at life behind-the-scenes at Formula One. 'An essential read' AUTOSPORT 'A must for the real inside story' FORMULA 1 RACING 'Recommended for anyone interested in F1 on the inside' MOTORING NEWS Formula One Grand Prix mechanic Steve Matchett takes the reader on a compelling journey through his life in the pit-lane, from his beginnings as a young apprentice, through his time at Ferrari and BMW to his later success with Benetton. He gives eye-witness views of the great drivers, including Michael Schumacher, Nigel Mansell, Alain Prost and Ayrton Senna. He also talks of key Benetton personalities, and explains how the team was transformed into a strong, competitive organisation, winning three World Championships. His determination and frustration in trying - and eventually succeeding - to break into the high-pressure world of Formula One leaps off the page.