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Formula E Delivers Record-Breaking Global TV Audiences for Second Consecutive Season

CMOs by CMOs
3 years ago
in Entertainment
Reading Time: 4 mins read
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ABB FIA Formula E World Championship Season 8

ABB FIA Formula E World Championship Season 8

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  • ABB FIA Formula E World Championship Season 8 cumulative audience increased 20% year-on-year to 381m as live viewership grew to all-time high of 216m, up 10% on Season 7
  • Total viewing hours increased year-on-year by 58%
  • Scheduling consistency and highly competitive racing supported by a new qualifying format were key drivers for audience growth to record levels

The ABB FIA Formula E World Championship has grown its cumulative audience for Season 8 beyond the record-breaking levels achieved the previous season with a four-way battle for the championship, a new qualifying format and a return to racing in Asia contributing to the new highs.

Among a series of broadcast presentation and sporting enhancements introduced for Season 8, a new qualifying format saw all 22 drivers compete in two groups with the top four in each going into a head-to-head knockout ‘Duels’ tournament. A first for world motorsport and a popular innovation for fans, the cumulative audience for qualifying increased 49% compared to audiences for the traditional fastest-lap format in Season 7.

The biggest-ever ABB FIA Formula E World Championship calendar of 16 races in 10 world cities included a return to Asia with successful debuts in Jakarta, Indonesia, and a double-header in Seoul, South Korea, to close Season 8. The Jakarta race in June was the first Formula E race in Asia since 2019 and was the most-watched domestic race in the championship’s 100-race history with a cumulative audience of 27.6m in Indonesia.
Live viewers made up the majority of Formula E’s audience for the first time in Season 7 and that trend continued in Season 8 with a 10% increase in live audiences YOY to 216m, part of a 20% growth in total cumulative audience to 381m.

The combination of enhanced scheduling consistency and improved coverage of more competitive racing contributed to significant increases in audience engagement. Total viewing hours for Season 8 races increased by 58% compared to Season 7 and the championship enjoyed a 28% YOY increase in the average viewing duration per live race.

Across Formula E’s social and digital channels there were significant gains in video views (+165% vs. Season 7) and engagements (up 49%) as a refreshed social media content strategy came into effect.

Jamie Reigle, Chief Executive Officer, Formula E, said: “The ABB FIA Formula E World Championship is building a passionate global fanbase, establishing itself as an appointment-to-view, premium live sport. Millions more fans tuned in to watch last season than ever before thanks to consistent scheduling, improved broadcast presentation and sporting innovations like our game-changing qualifying format. The championship went down to the wire in Seoul with four drivers vying for the title and Stoffel Vandoorne emerging as World Champion.”

“We thank our global network of committed broadcast partners for their contribution to delivering a record-breaking Season 8. We will work together to build on our momentum and reinforce Formula E’s emergence as a mainstream sport for the next generation.”

The new Gen3 race car was unveiled earlier this year in Monaco as the fastest, lightest, most powerful and efficient electric race car ever built. It will debut in the ABB FIA Formula E World Championship on 14 January 2023 in Mexico City at the start of Season 9, before moving to Diriyah, Saudi Arabia for Rounds 2 and 3 on 27-28 January 2023.

Tags: ABB FIA Formula E World ChampionshipFormula E
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CMOs

Chief Marketing Officers Magazine (CMOs) is Egypt's first printed and digital publication in both Arabic and English for Marketing, Media and PR Professionals with news, articles and commentary on the industry.

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CMOs

Chief Marketing Officers Magazine (CMOs) is Egypt's first printed and digital publication in both Arabic and English for Marketing, Media and PR Professionals with news, articles and commentary on the industry.

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