The F1 movie has swiftly captured audience attention worldwide, raising questions about its box office impact and financial success. With predominantly positive reviews, tracking the film’s current earnings and projecting its total revenue is essential to understanding its commercial performance.
Current Box Office Earnings of the F1 Movie
As reported, the F1 Movie has grossed approximately $140 million worldwide during its opening run, marking it as the highest earning film of the week. This achievement also positions it as the most successful opening weekend for Apple Studios, surpassing the $78.8 million made by “Napoleon” in 2023, according to a Forbes report.
Projected Box Office Revenue for the F1 Movie
Despite a strong start, the F1 Movie faces challenges in achieving profitability due to its hefty production budget, reportedly around $350 million. To break even, the film needs to generate between $450 million and $500 million, while a revenue of $600 million to $650 million would categorize it as a significant box office success.
The film’s niche appeal to Formula 1 enthusiasts limits its mass market reach, as casual viewers might be hesitant to attend screenings. Although the filmmakers emphasize that prior knowledge of Formula 1 is unnecessary to enjoy the movie, skepticism persists among potential audiences, many of whom may opt to wait for its release on Apple TV+.
Considering these factors, industry estimates suggest the F1 Movie is likely to earn between $450 million and $500 million by the end of its theatrical run. Expectations for blockbuster-level earnings should be tempered accordingly.