DiscoverBREAK/FIX the Motorsports & Vehicle Enthusiast Variety ShowFollow the Money: F1 Financial Support as Cultural Indicator (Skip McGoun)
Follow the Money: F1 Financial Support as Cultural Indicator (Skip McGoun)

Follow the Money: F1 Financial Support as Cultural Indicator (Skip McGoun)

Update: 2024-11-20
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Elton G. “Skip” McGoun is an Emeritus Professor of Finance at Bucknell University and a former visiting professor at the University of Donja Gorija in Montenegro. He has presented and published on both finance history and culture and automobile history and culture and served as area chair of the Vehicle Culture Section of the Popular Culture Association. 


Skip examines Formula One on-track and on-vehicle sponsorships through the post-WWII period to show the evolution of the cultural appeal of the series.


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00:00 Introduction and Sponsorship Overview


01:45 Historical Context of Sponsorship in Racing


03:24 Modern Sponsorship Examples and Their Impact


06:18 Social and Political Benefits of Sponsorship


10:09 Case Studies and Real-World Examples


14:07 Evolution of Sponsorship Strategies


16:53 Evolution of Formula One Sponsorships


18:37 Analyzing Main Sponsors by Industry


18:59 Automotive and Consumer Electronics Sponsorships


20:20 Financial, Oil, and Technology Sponsorships


20:38 Tobacco and Transportation Sponsorships


22:01 Cultural Shifts in Formula One Sponsorships


24:47 Audience Questions and Comments


28:37 Closing Remarks and Acknowledgements


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The Motoring Podcast Network : Years of racing, wrenching and Motorsports experience brings together a top notch collection of knowledge, stories and information. #everyonehasastory #gtmbreakfix - motoringpodcast.net



This episode is part of our HISTORY OF MOTORSPORTS SERIES and is sponsored in part by: The International Motor Racing Research Center (IMRRC), The Society of Automotive Historians (SAH), The Watkins Glen Area Chamber of Commerce, and the Argetsinger Family - and was recorded in front of a live studio audience.

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Follow the Money: F1 Financial Support as Cultural Indicator (Skip McGoun)

Follow the Money: F1 Financial Support as Cultural Indicator (Skip McGoun)

International Motor Racing Research Center