Liberty Media acquired Formula 1 in 2017 and with a new
marketing and agency team on board, the decision was taken to reposition one of
the world’s most classic and iconic sporting franchises in order to address
historical commercial decline and increasingly negative perceptions. F1 needed
to expand into new generations and territories to bring in 100MM new fans by
2022, new fans need new heroes, new stories and a new approach.
A new brand identity was developed and each communications
touchpoint was redesigned. The launch platform, “Engineered Insanity”,
celebrated the juxtaposition of extremes that makes F1 so unique - man and
machine, control and chaos, rubber and cement, sweat and oil.
We knew that F1 isn’t just a calendar of races: it’s local Superbowls from Australia to Azerbaijan, from China to USA. We segmented the audience to understand motivations of “engaged”, “light&lapsed”, and “yet-to-try” fans. Attitudinal predictors for F1 fandom were also identified: the belief that F1 as a whole is exciting - priming fans to be positively predisposed towards F1; the belief that the racing right now is competitive - triggering fans to follow the action and invest time and money.
These perceptions form a vicious/virtuous circle for fans
and mean engagement/disengagement spreads from fan to fan. To capture these
feedback loops we used the concept of ‘fan journeys’ – circuits, not funnels,
in which each turn around the ‘track’ would set up the conditions for the next:
priming interest in the sport, triggering excitement at season start and in the
run-up to each Grand Prix, active participation and following of the season,
driving personal outcomes. We used media to turbocharge fan journeys and
conversions to drive “engaged” fan following.
The first-ever brand campaign “ENGINEERED INSANITY” launched in March, and across the rest of the season campaigns ran in 20 countries with a budget of only £5MM.
We progressively expanded our targeting to followers of F1 teams, motorsport content, eSports, gaming and high-affinity sports (NBA, NFL) to drive affinity in priority markets. Every touchpoint was re-engineered across Paid, Owned and Earned to excite a global tribe of fans. Campaign activation ran in the 4-8 weeks prior, including street teams, partnerships, TV, radio, OOH domination, murals, and geo-targeted social, display and video.
We took F1 out of its echo-chamber, into hearts and minds of new fans and in 2019 driving onwards with the world’s fastest remix with Chemical Brothers and NEEEUM.
Results exceeded all expectations:
• 10% increase in global TV audience = +48MM
• 8% increase in total Grand Prix attendance, with up to 30% more tickets sold for some races
• F1 became the fastest-growing sport on social media. Up to 75% of growth directly attributable to paid media activity
• 70% of fans thought 2018 was more interesting than 2017
• 30-50% increase in weekly global search volumes per race, up 14% YoY
• equivalent of 16 years of additional digital content was
watched by the new and existing fans