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5 July 2024, 06:01 AM | #1 |
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Rolex Is Giving Up on Formula One
My story here: https://coron.et/new-1minute-reads/r...ponsor-in-2025
After 11 years as a Global Partner and the Official Timepiece of Formula One, Rolex will cede the sponsorship in 2025... —Danny
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5 July 2024, 06:12 AM | #2 |
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Bowing out gracefully, I'd say. Quite telling of where F1 has found itself if you ask me. Hasn't been particularly interesting since the mid 000s.
So much tech now... I miss the 70s, 80s and 90s...
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5 July 2024, 06:19 AM | #3 |
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Maybe like Tudor they’d rather sponsor teams/drivers than be a banner advertiser.
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5 July 2024, 06:35 AM | #4 |
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Tudor makes sense.
F1 is just a game and influencers than actual, you know, racing. Imho Richard Mille or Jacob & Co is more appropriate for F1.
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5 July 2024, 06:45 AM | #5 |
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I will be sad about this change.
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5 July 2024, 06:47 AM | #6 |
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This decision will have zero impact on what I think of either Formula 1 racing or Rolex.
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5 July 2024, 07:52 PM | #7 |
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8 July 2024, 03:02 AM | #8 |
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I agree, but I will miss seeing the Rolex signs around the track!
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8 July 2024, 03:57 AM | #9 |
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I imagine the cost/returns numbers weren't brilliant.
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5 July 2024, 06:57 AM | #10 |
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The Tudor with Visa Credit is working for me, I just put in an order with my SA for the new release. I don’t have any Tudors and this got me in.
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5 July 2024, 06:57 AM | #11 |
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Whaaaaat - oh no.
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5 July 2024, 07:08 AM | #12 |
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Rolex likes to sponsor individuals or recognize individual winners (see Tennis champions, Equestrian, individual ambassadors)
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5 July 2024, 07:10 AM | #13 |
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Rolex has endurance racing. That's huge.
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6 July 2024, 06:51 AM | #14 |
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6 July 2024, 07:35 AM | #15 |
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Rolex is a major sponsor of so many sporting events, it’s no surprise that they can’t hold on to every one. Their marketing budget must be astronomical. They have had a great/massive run for the last few years. I’m not surprised they will start whitteling down on some sports, especially seeing prices/demand come back to Earth.
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6 July 2024, 07:55 AM | #16 | |
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Quote:
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6 July 2024, 08:15 AM | #17 | |
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Quote:
Smart IMHO
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5 July 2024, 07:13 AM | #18 |
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Just read a bit on the history of the sponsorship and I knew Tag Heuer used to sponsor it and it switched to Rolex but I didn’t realise Hublot did it for a while as well so I’d suggest it’s not the most effective sponsorship deal unless it’s meant to get us subliminally!
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5 July 2024, 07:28 AM | #19 |
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A little bit of a shame, I always enjoy seeing the Rolex branding/clocks etc during the F1 weekends. Also enjoy the F1 photos usually in Rolex magazines and catalogues.
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5 July 2024, 07:34 AM | #20 |
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Hardly surprising its not competitive and is a tad boring other than that it’s ok
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5 July 2024, 07:40 AM | #21 |
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Dang. I’m a little disappointed to hear this.
There are two sporting events that make me think of Rolex. Wimbledon and F1. I wonder if another watch brand will take up the spot? Sent from my iPhone using Tapatalk |
5 July 2024, 07:41 AM | #22 |
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5 July 2024, 10:47 AM | #23 |
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lvmh makes sense, hope F1 ups the trophy cases to all being from them and not just at Monaco. The F1 Sprint race plaques desperately need up-rating.
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5 July 2024, 02:31 PM | #24 |
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5 July 2024, 09:54 PM | #25 | |
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Quote:
"L'Epée 1839 has been a prominent clockmaking house for 185 years. Today, it is the only manufacture in Switzerland to specialize in the production of high-end clocks." Sherman_LVMH_edited.jpg
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5 July 2024, 07:41 AM | #26 |
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I would absolutely love if Tudor took over
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5 July 2024, 08:23 AM | #27 |
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Slightly disappointing but I can understand why - the sport has changed a lot in recent years and is massively more commercial, driven by influencers and is arguably no longer the “pinnacle” of competition, considering there’s hardly any competitiveness between teams now anyway.
I wonder if Rolex will begin to pick out a few F1 drivers instead, like Tennis. I guess it’s hard though because of contracts etc, and would probably involve needing to sponsor the team as well… Hypothetically, if Rolex had to sponsor just one F1 team… which one would you pick it to be? |
9 July 2024, 10:14 AM | #28 |
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5 July 2024, 01:57 PM | #29 |
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My guess is F1 upped the price tag substantially and Rolex said no. We all know they spend lots of marketing dollars but they’re also pretty deliberate about their choices. I do hope they stick around Lemans and Daytona.
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5 July 2024, 07:40 PM | #30 |
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No Rolex in F1, that's it flogging the watches. No respect for Rolex anymore, need to find out who is taking over so I can buy their watches.
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