Nico Rosberg on the Booming Business of F1 | All-In Live from Miami
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Who is Nico Rosberg and what is his F1 history?
former F1 driver, champion in 2016. He's getting into the venture business. Please welcome Nico.
They started the season with 20 drivers, and they would end the season with only 18 of them left.
Wow.
What was the craziest you've ever been involved in? Well, my rival was my teammate. So unfortunately, it really becomes like an enemy in a way. What were your first few deals? 11 Labs, for example.
Holy shit. Good for you. This used to be an extremely dangerous sport. You had people dying every year in these tiny little cars with no roll cages, et cetera. But over time, it's become incredibly safe. The number of people dying went from a couple dozen a year in the 50s, 60s, 70s. And now it's gotten incredibly safe. How scary is it to drive in those cars? And how do you get over that fear of death?
What are the dangers of Formula 1 racing?
First of all, hello, everybody. That's a pretty intense start to the conversation.
Good job interviewing Jacob. World best. I got to get right to it. How are you still alive? Welcome. How are you? Why haven't you died yet, Nico?
justify yourself.
Why is there no canopy on it? Why is your head exposed? It's so crazy what you're doing or what you did.
How has the business of Formula 1 evolved?
So, no, you're absolutely right. And I know better than most people also because my father actually was a Formula One racer.
Yeah.
And he was racing.
And a world champion. And a champion.
I didn't want to say, but yes, he was also world champion.
But you were, sorry, I asked you backstage, you're one of only two father-son world champions of all time. Yeah, that's true. Pretty incredible. Which is very special. Yeah.
What makes a great driver in F1?
So I mean, your dad's out there racing. You're at home with mom, I assume. This has got to be terrifying to watch your dad do this.
So in his day, they started the season with 20 drivers, and they would end the season with only 18 of them left. So it was a 10% chance, more or less, that you wouldn't make it through the season, which is just, that's crazy.
Wow.
I mean, then if you do an eight-year career, what are your odds? That's not looking very good. So there, to your point.
Yeah, it was the death every 100,000 miles. Now it's a death every 6, 7 million miles.
I was very lucky, because by the time I came in, they had carbon fiber chassis. They have a roll hoop now, and this protection, this halo around your head, which recently saved a couple of lives in the last five years. Because Max Verstappen, who's now the four-time world champion at the moment, he landed on Lewis Hamilton's head.
How has Netflix influenced the popularity of F1?
in Italy with the full car and it was this halo that saved Lewis Hamilton's life. So we're very, very lucky how the sport has progressed with the safety.
How did you start driving? How old were you? Because I didn't realize yesterday I go into the suite that we have and they say this kid is 18 years old as a driver. I had no idea that kids that young were driving. How old were you when you started and at what point did you start to become competitive?
So it's a bit like with every sport that you have to start very, very young. I started, I was six. Started go-karting, I was six. And then racing, 10 years old. Now they start racing when they're eight years old. So Antonelli, who was on pole position yesterday, the 18 year old, he started racing, he was eight. He was in my go-karting team when he was 12. So I know him very, very well. And he is a generational talent. but it's very early for him because he's only 18 and he took over the car of the greatest of all time. Lewis Hamilton left Mercedes to go to Ferrari and Antonelli took this car from Lewis Hamilton. That is insane pressure.
Answer this question if you could. You said generational talent. I'll try my best. So if we had to design some kind of a model, could you define the features that he had when he was six, seven, or eight years old that could have predicted how good it was?
Yeah, like is it the midichlorian? Is it the what? Well, Anakin Skywalker was really good.
I don't know, Nico, but I'm quite a specialist on Star Wars lore. Yeah, anyway.
It's boring to find the Jedi Knights. Do you think that you could design something where people's kids could come and take some kind of test? You look at your reflexes, or your eye twitch speed, or the way your brain works. And is there a pattern, do you think, that genetically predisposes some people to just be exceptional?
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Chapters
7 chapters
1
Who is Nico Rosberg and what is his F1 history?
0:00–0:53
2
What are the dangers of Formula 1 racing?
0:53–1:20
3
How has the business of Formula 1 evolved?
1:20–1:40
4
What makes a great driver in F1?
1:40–2:39
5
How has Netflix influenced the popularity of F1?
2:39–4:34
6
What are the costs of running an F1 team?
4:34–6:12
7
What is the future of F1 and its growth?
6:12–24:13
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