If the National Football League glimmers in the U.S. media spotlight, Formula One racing downright dominates the rest of the world. Set on a global stage, where races dance from continent to continent, the motorsports gala has become the sport of kings. In its 19-race season, the circuit traverses through Asia, the Americas, Europe and the Middle East, playing to sold-out arenas twice the size of the Super Bowl.
The economics of the...
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