Tag: formula one

  • Can elite F1 supplant cricket?

     

    By Tuhina Anand

    with inputs from Rishi Vora and Shubhangi Mehta

     

    With so much hype surrounding the Formula One Grand Prix at Buddh International Circuit slated to take place at the end of this month in New Delhi, it makes one wonder whether F1 is the sport that can be an alternative to the cricket-crazy nation of India.  So while we have been talking to a cross section of the industry to understand how bullish are they on the F1 and one thing that has emerged clearly is that cricket will always be “the” sport that will rule Indians and other sports, be it hockey, tennis or F1, will remain the poor cousin. Thus cricket will be the game that will be raking in moolah for both advertisers as well as broadcasters, and not to forget the players themselves with multi-million endorsement deals.

     

    Mr Harish Bijoor, CEO, Harish Bijoor Consults, is clear that there is no sport that can kill cricket, as it is a very democratic game that anyone with a bat and ball can play. But sports like F1 are restricted to a few. Also, he is of the opinion that F1 is an upper end/niche brand, hence the advertisers like Mercedes Benz would benefit from being part of the event but not Uncle Chipps!

     

    Niche is a word that well defines F1 and is what has emerged from MXM India’s interaction with various industry leaders. Mr Arvind Sharma, Chairman of India Sub-Continent, Leo Burnett too echoes the same sentiment. He said, “Cricket is a mass sport in our country. I do not think that F1 can take over cricket in any which way. The brand that are associating themselves with F1 are a niche brand which cater to a specific audience, which can also be called the upscale society.”

     

    There are others too like Mr Sambit Bal, Editor, Cricinfo who vehemently says that F1 caters to an absolutely niche market and for F1 to replace cricket in popularity, even after 20 years, is far far-fetched. Mr Ayaz Memon, veteran journalist, reasons: “F1 is an urban sport watched by an elite audience. The popularity of the sport is growing, no doubt. But, I don’t think it’ll kill cricket. India is a cricket-crazy nation, so very unlikely.”

     

    In fact a broadcaster, who refused to be identified, puts its bluntly, “No, that’s very unlikely to happen. India is a one-sport country. F1 does have some avid followers, but are outnumbered by people in India who think the game of cricket is a religion and not just a sport.”

     

    As earlier mentioned by Mr Bijoor, the appeal  of cricket lies in it being democratic in nature. One can see young and old wielding the willow in every gully and mohalla hence truly being the sport of the nation. That explains why sportsperson from any other game are still struggling to gain prominence in India barring few that could be counted on fingers but that doesn’t apply for cricket where the entire team and the lead stars find their way to mint money be it through endorsements or even taking up commentary post their innings. Plus the fan following for someone like Tendulkar or MSD is something no other sportperson can even dream of. Rajeev Raja , NCD, DDB Mudra Group  goes to the extent of calling impossible that a sport can replace cricket in India. He said, “The mass appeal that cricket has cannot be compared to any other sport in India. It appeals to almost 900 million people whereas F1 may not even appeal to 100 million people, its only a niche segment that this sport will appeal to and hence we will find similar advertisers advertising with the sport.”

     

    While it is agreed that cricket will always reign supreme in India and F1 is seen as the sport for the elite niche, one thing can’t be denied – that the hype around the Grand Prix is unprecedented. In fact it is this hype that is making one think that probably if not an alternative but an able competition to cricket is here. Internationally, F1 rakes in the moolah and is very popular. Mr Dhunji Wadia, President, Everest Brand Solutions said, “It has been widely believed that we are slow starters, but once we gather momentum, we race to the finish line quickly. A lot of young people in India want to have an alternative to cricket and perhaps Formula One is the right sport.  The statistics on sponsors and advertising revenue are sounding promising for the first event.  But there is still some way to go and it would at best be an urban phenomenon.  Having said that, no other sport has generated as much enthusiasm over here besides cricket.”

     

    So at least for starters the prospects for F1 are promising. Mr Darshan M, CEO – I1 Super Series at Machdar Motorsports Private Limited, a company that is looking to bring the IPL format in motorsports to India, explains cricket and F1: “The comparison is like sunrise and sunset here – both are beautiful in their own way. Motorsports is globally very popular and F1 definitely is an opportunity among youth for whom speed is thrill. In fact, the craze can be gauged from the massive turnout in Bengaluru recently to see Lewis Hamilton show his moves. I think there is enough space for another sport other than cricket to make a name in India.”

     


     

    Picture: Fotocorp

  • Grand Prix countdown begins

     

     

    By Ritu Midha

     

    Countdown to the Indian Grand Prix has begun – the Buddh International Circuit will attract 1.1 lakhracing enthusiasts from India and overseas From October 28 to October 30. The seating capacity, depending on the ticket sales, can be pushed up to 2 lakh.

    The response the race is getting can be gauged by the fact that flight tickets from Mumbai for that duration are almost double the usual price on ticketing websites, and most upmarket hotel rooms in Delhi and Noida are booked – in some cases at a 100 percent premium. Gurgaon hotels too are gainers here.

    Ticket prices for the event itself are between Rs 2,500 to Rs 35,000.

     

    The target group

    It is a young – largely male – premium audiences expected at the race. Defining the target group for Formula1, states Premjeet Sodhi, President, The Collaborative , Lintas Media Group, “Non-Cricket sports in India are quite Niche in India and the current followers of F1 are very small in number. However, in demographic terms, currently, the primary target group for the sport would be Males, SEC A, 15-34 years in the top 6 metros.“This target group is considered to be the most elusive – and hence the brands are interested in catching them on the tracks.

     

    Brands riding on F1

    Airtel as known, is ‘Title Sponsor’ for this sporting event, and the official logo of the India Race reads, ‘2011 Formula 1 Airtel Grand Prix of India’. Interestingly, Airtel gave up its title sponsorship of Champions League T20 sometime back, without completing its three-year tenure.

    Indian brands, are seeing an opportunity in associating with individual teams as well. The latest to be a part of Formula 1 is Sahara Group – it has bought 42.5 percent stake, at the approximate cost of Rs 500 crore, in the Vijay Mallya-owned Force India F1 team – and now the team has been renamed Sahara Force India. Interestingly, both these brands too are connected with the pace version of Cricket – owning Pune Warriors and Royal Challengers Bangalore in IPL respectively.

    Hero Motors, meanwhile, has signed a sponsorship deal with Narain Karthikeyan, India’s first Formula 1​ driver – as of now the deal is only for India Grand Prix.

    Interestingly Amul too is in the fray. The brand has tied-up with the Sauber Team (Ranked 17th). The brand logo will be seen on the front face of the rear wing, and also on the drivers’ helmets. On Amul’s part, it is an obvious attempt to establish itself as a youthful and ‘happening’ brand.

    And then there are brands with a long-standing relationship with Formula 1: like Red Bull and Mercedes Benz. Red Bull showcased its RB3 F1 racing car in Delhi throughout September, and has largely tried to attract the student community in the capital. Mercedes-Benz is looking at a long-term strategy, and plans to launch India’s first motor racing academy next year.

    Cafe Coffee Day has associated itself with the event by selling tickets at select outlets at Delhi, Bangalore, Mumbai and Gurgaon. The coffee shop, a favourite hangout of youngsters, must definitely have seen synergies between itself and F1. Or, perhaps, it was the other way round.

    The tickets would be available at Mercedes Benz showrooms as well.

    As for which brands would derive value by associating with Formula One, Anamika Mehta,COO, Lodestar Universal, states, “F1 is in its infancy in India and will grow from strength to strength with its first ever India Grand Prix. More than VFM its an opportunity to engage brands with the thrill and experience . Over a sustained period of time, it will definitely reap dividends for brands which create an engagement platform. India in that sense is poised right ‑ economic growth, young country that loves technology, thrill and speed.”
    It is not only youth brands, but also the Government that plans to reach out to the F1 fans flocking the capital. Tourism Ministry plans to promote tourist destinations close to the circuit, and at other places of interest. Plan, reportedly, is to promote 50 lesser known destinations including beaches, monuments, mountains, sand dunes, festivals and cuisines.

     

    The broadcasters

    The broadcast rights, as is known lie with ESPN. DTH service provider Reliance Digital TV (RDTV) has added ESPN HD and Star Cricket HD to its kitty of channels – objective obviously is to enable its subscribers experience the highly charged atmosphere as close to reality as possible.

    ESPN states that the spots have been sold out, and also that it is not selling Formula 1 Buddh International Circuit as a separate property. On ground activity too is meant for sponsors alone unlike Cricket. nil Sathiraju, Associate VP & Head-South, Mudra Max, said, “At this point in time, it’s apparently for the sponsors only. Also many of the deals are getting done outside of India because of the fact that it is F1.”

    Coming back to Broadcast media, Winners from India has Got Talent and Entertainment Ke Liye Kuchh Bhi Karega will perform live at the race. Bir Khalsa Group, Rohan & Group, Prince Dance Troupe, Reincarnation of Indian Acrobatics, Speed Painter Rabin Bar and several others will perform throughout the day on all three days. Of course, it is in addition to Lady GAGA (who would perform on the final day) and other well known DJs and bands from India and overseas.

     

    The online rush

    As a large proportion of racing aficionados are web friendly, there is a lot of activity in the virtual gaming world – where car races, anyway, continue to be all time favourites. Gaming organisations like Ibibo, Zapak and 7Seas Technologies are working towards providing users the excitement of being on the original track – virtually. While, Zapak has launched the official Formula One Game – ‘Vodafone Formula GP Racing, 7Seas Technologies too has a similar game ‘Xtreame’. The game on ibibo.com offers an opportunity to own a ‘high speed racing car’ in the virtual world.

     

    Ambush marketing: the Vodafone way

    If all this we not enough, enter ambush marketing. Even as Bharti Airtel is the title sponsor for the event, Vodafone is trying to steal the thunder from under its nose by holding road shows across the big cities. These road shows showcase an exact replica of the McLaren Mercedes racing car to be driven by Lewis Hamilton . And as mentioned earlier – the battle is being fought by Vodafone in the virtual space also – with Vodafone Formula GP Racing.
    F1 vs IPL

    In this backdrop, can one assume that it would be as attractive or the advertiser as a mini Three-day IPL? Our experts unanimously turn down the supposition. States Sodhi, “The IPL monetized the already existing mass fan following of cricket. It managed to over-night make Cricket a very premium sport despite it being a very mass followed sport. F1 on the other hand is a very different task of actually creating active fans in India. Today, it has the premiumness but lacks the mass appeal. Hence, from the advertising opportunity perspective F1 and the IPL are in a very different class. While F1 is for a very definitive age group and appeals primarily to the affluent and the higher SECs, Cricket is very broad based. Hence, the brands that would patronize F1 would be a subset of the IPL advertisers and then some more.” He adds, “In time, surely F1 will find its core set of advertisers but I doubt if its advertising valuations will come anything close to the IPL in the near future.”

    Top of the pyramid is growing in India – the number of rich is growing, and so is the number of young adults. Formula 1 being a race extensively patronized by the young rich surely has the makings of a future success story. A lot would, however, depend on the performance of Sahara Force India, and of Narayan Karthikeyan. Thrill and excitement of Formula 1, just might capture our fancy in a big way – car racing after all is a familiar territory with the kids growing up on a staple diet of virtual races.

  • The fast and the gorgeous on NDTV Good Times

    By A Correspondent

     

    The verdict is out and the final 4 speed divas identified in what was truly a sizzling hot finale episode of Force India The Fast & The Gorgeous season 2 on NDTV Good Times. After going through a series of complex tasks, voting sessions, eliminations rounds and facing intense competition Kaizeen Daruvallah and Rani Patel from aamchi Mumbai, Punjab di Kudi Alisha Walia, and Neha Raghuvanshi from New Delhi have emerged as the ultimate speed divas. They will now get the chance to travel the world with the Force India F1 team.

    Smeeta Chakrabarti, CEO, NDTV Lifestyle said, “F1 is coming up in a big way in India, and we believe that it’s here to stay. The second season of Force India The Fast and The Gorgeous has been very well received on NDTV Good Times, and I would like to congratulate the 4 winners and wish them the very best for their journey”.

    Alisha Walia said, “Speed has always thrilled me and now that I have won The Fast and The Gorgeous I am officially a Force India Speed Diva”. Neha Raghuvanshi echoed the same sentiments and added, “I would like to take this opportunity to thank NDTV Good Times for providing such a platform to us and not to forget the beautiful Ambika Anand who has been a friend and guide on this journey”.

    Shot in the exotic Aamby Valley and hosted by the ravishing Ambika Anand, the 13-episode series had 16 gorgeous contestants compete against each other to become the ultimate speed diva and the face of Force India F1 team on NDTV Good Times. The 16 contestants were judged on their endurance, speed and appeal.