F1 Explores Apple Movie Sequel as Bruckheimer, Kosinski Visit Vegas
Formula 1 is seriously considering a sequel to “F1 The Movie,” according to Ian Holmes, the series’ chief media rights and broadcast officer. This discussion took place during the Heineken Las Vegas Grand Prix, where renowned producer Jerry Bruckheimer and director Joseph Kosinski were present.
Success of “F1 The Movie”
The film, released by Apple Original Films, achieved remarkable success, grossing approximately $630 million at the global box office. This makes it the highest-grossing sports film in nominal terms, prompting instant conversations about a potential follow-up.
Currently, “F1 The Movie” ranks as the seventh-best performing film of the year, with $631.4 million in total earnings. Notably, 70% of this revenue came from international markets, while the remaining 30% was generated within the U.S. and Canada.
Profitability Insights
Alicia Reese, a media analyst at Wedbush Securities, noted that the film needed to earn between $600 million and $700 million to reach profitability. When asked about the financial performance of the movie prior to the Vegas race, Holmes stated that while he couldn’t provide specific figures, the film had performed “brilliantly” from F1’s perspective.
Potential Sequel Discussion
During discussions, Ian Holmes emphasized F1’s willingness to explore a sequel. He mentioned that both Bruckheimer and Kosinski were keen attendees at the Grand Prix and had been part of early discussions surrounding a second installment.
Holmes explained the importance of timing for the potential sequel, stating that upcoming changes to the sport’s regulations might affect the storyline. He remarked, “We’ve got a whole bunch of new regulations coming in next year… you don’t want to make a film and then suddenly the cars are different.” He reiterated that if a solid proposal could be developed, F1 would be open to pursuing another movie.
What Lies Ahead
- Film Title: “F1 The Movie”
- Gross Earnings: $631.4 million
- Global Rank: Seventh-best film of the year
- International Revenue: 70%
- U.S. and Canada Revenue: 30%
- Profitability Threshold: $600M-$700M
- Key Figures: Ian Holmes, Jerry Bruckheimer, Joseph Kosinski
The interest in a sequel highlights the successful collaboration between F1 and Apple, as both parties weigh the potential for future projects. Fans of motorsport and cinema alike will be eager to see how this story unfolds.
