New Headline: "Ferrari Embarks on Major Expansion Push to Boost Domestic Sales
Formula One, with its global business model, finds itself with difficulties after the U.S. and Israel attacked Iran
Ferrari's British driver Lewis Hamilton celebrates winning third place in the 2026 Formula 1 Chinese Grand Prix at Shanghai International Circuit on March 15, 2026 in Shanghai, China. (Photo by Zhang Hengwei/China News Service/VCG via Getty Images) China News Service via Getty Images Formula One, the worldwide racing series, has encountered difficulties with its business model at the start of this year. F1 began its 2026 series with races in Australia and Asia this month.
Contests were held in Australia and China with another in Japan at the end of March. That was supposed to be the start of 24 contests extending to December. Other racing series, such as NASCAR and IndyCar are regional.
Except… The U. S. and Israel attacked Iran on Feb.
28. Suddenly, the F1 schedule was affected. F1 had April races scheduled in Bahrain and Saudi Arabia.