I was always under the impression that you wanted to host an F1 race coz you could make truck loads of cash from it. It boggles my mind that they earn nothing from TV rights or anything other than ticket sales!! No other sport in the world is like that. Every other stadium earns TV money. And the little poison dwarf still wanted the teams to agree to a 20 race schedule to make more money!!
Personally it would seem that the only people that are not getting any money are the people that you cant have a race without. How can you have a race without a track. Something must be done. WE are going to be down to a ten race season soon I guess that is one way to cut costs
No France race, no Canadian race, no Germany race....NO BERNIE, that'll be great!
Just the beginning.Bernies greed will catch up to him.Promoters whether State or Private cannot keep coming up with this extortion & the empty grand stands. To Canada he states I'll open my files to all the New Venues just waiting to get a race. Right, with all the world feeling the financial crisis, their lining up. Check back in 6 months & see who else falls by the wayside.
When the ONLY source of revenue a track can garner is from ticket sales and concession stands (not team related) it's a wonder that any track wants to hold an F1 race. Bernie has positioned the GPs in such a way that only races with government subsidies can be held. Even races with major sponsors aren't profitable. What exactly do the tracks get when they hold a race? Nada. Not even promotion of the event. I think the FIA needs to look at the system and make it more equitable and less Bernie favorable.
I don't want to see any more Europian races fold but it isn't looking good. F1 is a great event but unfortunately other race meetings are far less successful hence the losses. Bernie may have to do a lot of thinking because the far east isn't likely to be coming up with the dosh and the middle east also seems to have problems as PlanetF1 reported. I think the FIA need to try to get us to the lesser races as well.
Fitznstarts, the teams can ditch Bernie as there is no longer any contract between the teams, FOM or the FIA it ended in 2007 so the teams can do what they like. As for the circuits and tv, they have paid Bernie to host or have unique tv rights and if the teams break away and form their own formula without Bernie then Bernie will be forced to refund them as he would have failed to put on a race. He could lose a fortune and it would serve him right.
PCofTQY- indianapolis isnt even on the schedule, so how could they drop that race??
I agree with Kipp... Hockenheim was much more viewable when it had the faster, longer track (it was a great drive on the Playstation too as I cut across the two chicanes and made up track distance lost to the console drivers, lol). On a serious note again, tracks like the old Hockenheim and Belguim's Spa Francorchamps should be preserved for their driving experience and their beautiful surroundings. I feel, in their own way, they are as important to the F1 calendar (because they are a different challenge to the drivers) as Monaco and the short tracks. If (and I mean a big 'If') Formula One had to lose a race, then the least missed as a spectacle would be Indianapolis.
If I want to hire a vennu for an event I pay for the hire Eg I play hockey I hiire an astroturf pitch. If all the tracks that host formula ! charged for the use of their facilities then we could see things move away from Bernie etc
can't ditch bernie because he has the tracks, trackside hospitality, TV contracts, teams and the FIA tied in to very long-term contracts. Clever man.
Based on the massive rows of empty grandstands for the Race despite there being five germans on the grid this doesnt really come as a surprise.
What is Bernie doing? USA, Canada and France have already sadly fallen into the F1 scrapheap and now Hockenheim (Germany) too. F1 needs to be in these countries, instead of countries of no relevance to any manufacturer like Abu Dhabi or Bahrain
There is one person to blame here - Bernie!!! He is slowly moving F1 to Far/Middle East for more money - Nothing more than pure Greed.
This is becoming a worrying trend, losing circuits in France Canada and now Germany! Its ridiculous that a formula 1 circuit needs to rely on government handouts to not lose money, they should make profits easily if they didn't have to pay Bernie so much money to host. Eventually we will be left with just races in Asia and the middle East if Bernies greed isn't stopped. It seems that everyone in F1 is losing money these days, the teams, the manufacturers and the circuits. Everyone except Bernie Ecclestone. The teams need to form their own formula ASAP and break away from Bernie before its too late and everyones bankrupt
Yet Again, Bernies greed is destroying the sports heritage. This can not be allowed to continue. Canada, France and now, possibly, Germany. How would football take the loss of a Manchester United or Liverpool? If the sport is to survive then Bernie needs to curb his enthusiasm for putting profit before the interests of Formula one.
I think it's a good thing that the circuits are starting to push back. I think Tony George was the first stating that he wasn't willing to meet Bernie's financial demands becaue he couldn't do it while charging a reasonable amount for tickets. Now other circuits are starting to push back and soon the teams will have to do something about it. I don't think Toyoto, BMW and Mercedes will be willing to lose races in North America which is their largest market and Germany.
BMW and Mercedes. No German GP? I doubt it. Or does Bernie really want a rival series?
Bernie's killing F1 The costs he needs to reduce are his own, if prices were cheaper more people would go, E.g. Were going to silverstone next year for all three days and it's nearly £500 ouch.
Motorsport is like ANY other business. All Bernie is doing is pricing it at a rate that the market will pay, Just like buying a car, boat or house. These are ALL based on MARKET prices. If say Ford put their number one best selling focus at £1,000,000.00 NO ONE WOULD HAVE BROUGHT IT. Thats why tey are around trhe £10k mark. However, i do not agree that any goverment should bail out dated circuits or their owners just like the UK banks. they should be more careful with their finances & they should have known that Bernie is a good businessman.
Hockenheim is a nothing track these days. Tilke messed up, and stole the soul of the classic blast through the forest. I can understand the need to refine hockenheim of old due to safety, but to fundamentally change it from what it was 10 years ago, is the reason why Hock is losing fans. If the fans dont go, the circuit loses money. The schumacher factor is gone. The track is now rubbish. What did they expect? Tilke should not be permitted to design any more tracks. Bring back the forest... F1 needs to find its balls again.
Calling Tony George...wait one more year and F1 is back in the US for a song.
It's pure greed from Bernie with no benefit at all to F1. Why on earth do the teams not ditch him and form a new formula? There would be so much more prize money for everyone...
There's a pattern emerging here isn't there? Something needs to be done about Bernie before it's too late.
Gah - Bernie is killing F1 by charging too much for everything!
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Posted 24/06/2009 @ 00:16 View all pher38's posts
Please bring back Canada for 2010. I hope Bernie is not demanding too much money which drives non-government funded races out of business.