Answer:
yes
Step-by-step explanation:
A good investment is any that generates a profit. For this to occur, you need to make as many people aware of your product as possible. On average in 2020, roughly 87 million people watched each Formula 1 race. This means that on average sponsoring Formula 1 racing would put your product in front of 87 million viewers. If a small percentage of these individuals are interested in your product/service then they can generate a large profit for your company. Therefore, yes sponsoring Formula 1 racing is a good investment.