F1’s TV Ratings Similar to 2023, but Still Below the Record Highs in 2022

The Formula One finale in Abu Dhabi had been uneventful for the last two years as both championships had been decided before the race. But the 2024 edition was different, as it delivered the decisive constructors’ championship points for McLaren and also served as Lewis Hamilton’s final race with Mercedes.

The added drama helped ESPN pull one million viewers, a record viewership number for the event, which started at 7:55 a.m. ET. The number is up about 8% versus last year, and nicked the previous record of 998,000 set in 2021—when Hamilton and Max Verstappen battled until the final lap for the drivers’ championship in one of the most controversial finishes in F1 history.

F1’s 2024 season averaged 1.1 million across ESPN, ESPN2, and ABC, tying the same number from last year, but down versus the all-time record of 1.21 million viewers set in 2022. The final number ESPN reported does not include all 24 races this year because the Brazilian Grand Prix, which averaged just 554,000 viewers, was originally scheduled to air on ESPN2 but aired on ESPNU for the first 68 minutes as the race was rescheduled due to inclement weather. 

Seven races hit viewership records this year, most notably the Miami Grand Prix, which drew 3.1 million viewers, the most of any race in the U.S. However, the other two U.S.-based races did not set rating records. The U.S. Grand Prix held in Austin in October averaged 1.3 million viewers, up from 2023 but down from 1.4 million in 2021, while the Las Vegas Grand Prix was down to 905,000 from 1.3 million in its inaugural race.

F1 has made a concerted effort to boost its U.S. viewership, particularly after the market responded to the Netflix docuseries Formula One: Drive to Survive, which premiered in 2019. The Miami Grand Prix was added in 2022, followed by Las Vegas in 2023. Haas will also be joined by another U.S.-based team starting in 2026 when General Motors will enter the fold as Cadillac. 

While viewership has plateaued over the past two years, the numbers are still double the 554,000 average in 2018, when ESPN first acquired the rights to the motorsport league away from NBC. In 2022, ESPN signed a three-year deal worth about $75 million to $90 million to keep the broadcasting rights to F1 until 2025.

With a more competitive season expected in 2025—and Hamilton, a fan favorite, likely to be more competitive with Ferrari, the sport’s most popular team—next year could provide an accurate assessment of the ceiling of the country’s interest.