Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/195190 
Erscheinungsjahr: 
2019
Schriftenreihe/Nr.: 
Ilmenau Economics Discussion Papers No. 121
Verlag: 
Technische Universität Ilmenau, Institut für Volkswirtschaftslehre, Ilmenau
Zusammenfassung: 
The Formula One Championship (F1) is one of the biggest sports businesses in the world. But, however, it seems to astonish that only very few scholarly articles analyze the F1 business. The aim of this study is to contribute to closing two gaps in the existing literature: it contributes (1) to the (sports) economic analysis of the F1 business and (2) to the literature on competitive balance in non-team sports. Like competitive balance in team sport leagues, also for F1 racing three dimensions can be distinguished: (a) race-specific competitive balance, (b) within-season competitive balance, and (c) between-season competitive balance. In addition to classical tools and data, some new and F1 specific indicators, like average lead changes or leading distance, are employed. Also, pitfalls induced especially by the used data source or calculation method are highlighted.
Schlagwörter: 
Formula One Motor Racing
competitive balance
empirical industry study
sports economics
JEL: 
Z20
Z21
L83
C01
L13
M21
Dokumentart: 
Working Paper

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