An increasing number of people collect F1 sports cards. These cards feature Formula 1 drivers and teams. As one would expect, these items feature all sorts of information ranging from driver names to car specifications about each team participating in an annual racing season. So it is no wonder that many fans consider these products as both a form of entertainment and a guidebook for following the races more closely.
Each year, new sets of cards are released by various companies, and these cards come with different themes and designs (some with 3D effects). In addition, more recent editions tend to have better quality graphics than their earlier counterparts due to technological advancements.
F1 cards are sold in at least 50 countries around the world. The biggest markets for F1 trading cards are Italy, France, and Germany. However, there is a growing interest in Britain and Japan.
Statista.com released that, for the 2020 Formula 1 season, there were 433 million people who tuned in to watch. This slight decrease from 2019’s figure of 447 million viewers can be attributed to fewer races in 2020 due to the outbreak of COVID-19.
Here is what happened:
In the first three quarters of 2020, F1 made $661 million. But in the last quarter of the same year, the revenue was only $485 million. That is a lot less than the money made in 2019, where F1 made $1.5 billion in revenue. However, there was a glimpse of hope that things would be better in Q4, but the hope was dashed because only 17 races were on TV as opposed to 21 recorded in the previous year.
According to the official release on Formula One website, F1 has had a big year on the internet. It is one of the fastest-growing major sports leagues in the world, and its followers have increased by 36% (35 million), video views by 47% (4.9 billion), and engagement by 99% (810 million).
This year, F1’s total video views across their website, app, and social media also increased to 4.9 billion, total unique users to 70.5 million, and page views to 1.3 billion.
Drawing from the above facts, it is safe to conclude that Formula One Management (FOM) is doing well. One of the secrets to its growth has been successful engagement with its audience through digital space-based content creation.
Interest in F1 is high throughout the world, but it isn’t easy to find vintage cards of fans’ favorite racing drivers. We don’t see many drivers that are fans’ favorites from other significant leagues on TV. F1 is not big enough, and there aren’t many products available either.
Also, finding vintage cards with legends such as Michael Schumacher and Ayrton Senna isn’t easy at all, unlike LeBron James or Tom Brady’s likes with many products and manufacturers.
One of the primary reasons for this is that F1 is not as popular in the United States as it is elsewhere. As a result, the US remains the global center of the hobby. However, the expansion of soccer and NBA cards to the worldwide market suggests this is changing.
F1 signed an exclusive license with Topps in September of 2020 to create their first licensed trading cards and stickers. The recent 2020 Topps Chrome, 2020 Topps Chrome Sapphire Edition, and 2019 Dynasty. The products are excellent and are likely to increase the popularity of the sport in the United States.
Since the 2020 release of Topps Chrome and Sapphire, people have been going crazy over these cards. The above releases are particularly hot right now. So, ensure you get your hands on them before they’re gone.
The best way to invest in F1 cards is to trade in the card you believe in. Be in the know that F1 cards can be purchased singly or in a discounted bundle. And since there is going to be a price swing, you can take advantage of the price change.
Another way to invest in F1 cars is sports betting on F1 drivers. This yields enormous profits if selected players do well. And when people take an interest in the player that you bought his cards, it could hike the demand for the price.
In addition, you can measure the value of the cards you’re buying. But what are the metrics to look out for? Well, just like every other thing — the factors of demand and rarity. Below are some cards you might consider for an investment.
F1 cards are not graded as often as those from other sports. At least so far. Therefore, the prices of these cards are given raw unless indicated otherwise:
The British racer currently has the best F1 cards. Here are a few good ones:
Michael Schumacher is one of the most significant F1 drivers. He has won seven world championships and 91 Grand Prix races.
At 18 years old, Max Verstappen became the youngest driver ever to win a Formula One Grand Prix.
The Brazilian, won the Formula One World Drivers’ Championship in 1988, 1990, and 1991 with 41 Grands Prix to his cap.
The 1984 Ayrton Senna Panini card has no PSA-graded cards. But there are a few graded SGC and raw cards available. So if you could get a good PSA grade for any of them, the card should be worth a lot in the long term.
The last decade saw a resurgence of Formula 1, especially after what happened at Circuit Paul Ricard, where Max Verstappen hit one of the best forms of his life and pulled ahead in points for the driver’s leaderboard.
Max Verstappen took first place, and Lewis Hamilton took second place. Meanwhile, Young Verstappen isn’t alone, as other young racers like Charles Leclerc have also come into form at just about this time during their careers when they need it most.
The sudden exciting fight has led to an upward surge and boom in the trading of F1 cars on various platforms. Both Verstappen and Lewis are also sitting on the front row of the e-commerce platform.
If you have any interest in the sport, now is the time to invest before prices skyrocket.