F1: The Movie‘s box office is continuing on strong, and it is now close to a key Brad Pitt milestone. F1 is director Joseph Kosinski’s first theatrical movie post-Top Gun: Maverick. This time, he subs out Tom Cruise with Brad Pitt and planes with race cars to focus on Formula One racing.
F1: The Movie had a notably high reported budget. Early estimates said that the film cost around $300 million to make, though later reports claimed that this guess was a bit of an overstatement. Even with a budget closer to $200 million, F1: The Movie was clearly a costly film that hoped to make it big at the box office.
As per The Numbers, a new box office update shows just how far F1: The Movie has come. At the time of writing, it has hit $395 million worldwide. This puts the movie just $55 million away from becoming Pitt’s fifth-highest-grossing movie, as it would need to pᴀss Ocean’s Eleven.
What This Means For F1: The Movie
It Is Coming Closer To The Break-Even Point
F1: The Movie‘s near $400 million gross means that the film is also one step closer to making back its money. Hollywood movies typically need around 2.5x their budget in order to break even. If F1: The Movie costs closer to $200 million, this gives it just about $100 million left to clear.
If it successfully pᴀsses Ocean’s Eleven, this will be a significant moment in Pitt’s career. Not only would that mean that F1 has gotten into the A-list actor’s top 5 highest-grossing movies list, but it would do so by blowing past one of his extremely iconic works.
Next to beat after Ocean’s Eleven would be Troy. That movie made $483.1 million worldwide. This bar would be harder to clear, especially as F1: The Movie now has to compete with newer releases such as Superman and the upcoming The Fantastic Four: First Steps.
Our Take On The F1: The Movie Milestone
The Film Can Continue To Grow On Streaming
F1: The Movie is not the $1 billion movie that it could have been, but its story will not end when it leaves theaters. The film was produced in part by Apple. This indicates that the team behind the film hope to give it a life beyond the big screen, pulling in more profit from streaming and VOD sales.
Though F1: The Movie may fall short of any highest-grossing movie of the year тιтle, it is still a notable work in Pitt’s career. He has not had a movie make over $300 million since Once Upon a Time… in Hollywood in 2019. As such, this movie helps re-establish Pitt’s box office potential, and marks an important career moment.
Source: The Numbers