F1 vs NASCAR | F1 Roars Into the U.S. | 4

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Business Wars 41 min 5 speakers 3 chapters transcribed 3 months ago
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David Brown 0:00
Audible subscribers can listen to all episodes of Business Wars ad-free right now. Join Audible today by downloading the Audible app. From Audible Originals, I'm David Brown and this is Business Wars.
David Brown 0:34
Let's go back in time, shall we? It's August 30th, 1998, and a nine-year-old is at home in the UK watching the Belgian Grand Prix on TV. He can see it's raining hard as the race begins. Soon after the start, there's a massive pileup with 13 cars, parts flying everywhere. Here's the race commentator, Murray Walker.
Alex Jacques 0:58
Great start by Eddie Irvine. Field of. Look at Field of. And in the wall. Who was that? Coulthard. Coulthard in the wall. Coulthard in the wall. Stop the race.
David Brown 1:07
Stop the race. They'll have to red flag this.
Alex Jacques 1:08
Oh, this is terrible. Oh, this is quite appalling. This is the worst start for a Grand Prix that I have ever seen in the whole of my life.
David Brown 1:18
The nine-year-old watching is thrilled by the drama of the crash. That boy is Alex Jakes, and at that moment, well, he knew he had found his sport. It would take years, but eventually he'd become the voice of Formula One on F1 TV and Channel 4. And today, Alex is our guest. You might recognize his voice from the Netflix series Formula One Drive to Survive. He's also the author of Grid to Glory, 75 Milestone Formula One Moments. Alex explains how F1 finally secured a solid foothold in the U.S. market during the pandemic. and how it's gaining on NASCAR, especially with younger fans. We'll also talk about the epic 2021 F1 season, the 2026 season, of course, and, oh yeah, we'll talk about Max Verstappen.
David Brown 2:08
All that's coming up. Subway.fi
Leon Nafok 2:24
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David Brown 2:52
Alex Jakes, welcome to Business Wars. Thank you so much for having me. It's a real joy and honor. What is it about F1 that makes you love it so much? That nine-year-old watching the Grand Prix now as an adult, is that what it's all about?
Alex Jacques 3:06
There's definitely a connection. I think there's a simplicity to it that you just put elite athletes in wonderfully advanced technology and then you race them out on the track around the world. The cars are painted in vivid colors and it is just one of the most exciting spectacles in sport and exciting spectacles full stop. I always say, you know, people go to air shows around the world and they're very exciting. Imagine them racing. That's basically what Formula One is. And I love it as much as I always have.
David Brown 3:35
How did you become the voice of F1 TV? Did you start in go-karts, work your way up through F3, F2, F1 like rookie drivers? Nearly, very nearly.
Alex Jacques 3:45
Yeah, I started working for the Formula One group in 2015 on the third tier and the second tier, then called GP3 and GP2, now called Formula 3 and Formula 2 to simplify it. But these are the junior ladders. These are the rungs on the ladder before we get to the top of Formula One. F2 is like the college football if you like or college basketball stage of the sport. The great advantage of that was that I met a lot of the drivers when they were in their really young formative years. I always liken it to seeing a band that goes on to be big in a pub. But yeah, as a result, I got a lot of races in. These championships tend to have multiple races a weekend. Formula One just has the Grand Prix, the main event.
Alex Jacques 4:27
And as a result of that, I got lots of reps in, built a reputation and relationships with the people who put on the main show. And eventually I got a tap on the shoulder and they said, do you want to have a go on Formula One?
David Brown 4:39
I was reading somewhere Nielsen Sports was saying Formula One now has something like 800 million, what is it, 800 million people in their global fan base? I guess some of those are probably U.S. fans, but I'm curious why you think it took so long for F1 to break into the U.S. market to begin with.
Alex Jacques 4:58
It's an interesting one.

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