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Registered
Join Date: Apr 2005
Location: outta here
Posts: 53,483
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I have to disagree. F1 turns a profit of more than $250 million per year. That's money that goes to the "rights owners." Imagine if they only earned $50 million, which isn't exactly chump change. That would mean Bernie could charge the various promoters $10 million less, each, for a race. That would open up the door for tracks that we all would like to see on the schedule to host a race. It would mean lower ticket prices and increased attendance, which would be beneficial to all concerned.
The way it stands now, sooner or later we'll lose most of the traditional venues in favor of state-supported races in countries that couldn't give two ****s about an F1 race. At least they have learned to paint the seats a variety of colors when they build a new track, to make the stands look fuller on TV. JR |
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Registered
Join Date: Oct 2004
Posts: 15,612
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F1 earns way more than $250M annually.
Also, the vast majority of people watch F1 on TV, not trackside. On TV, you could care less where the race is held. To me, F1 needs to improve the online experience, and offer more in the way of content (preferably free, but for pay if it must) between races. But F1 is really a global phenomenon. There literally is no way to please all of it's fans. Bernie is enough of a salesman (probably the best in the world) to know that you need a good product. He's trying to improve the product and he is not stupid, nor complacent. |
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Registered
Join Date: Apr 2005
Location: outta here
Posts: 53,483
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Their revenues are more than 1.4 billion dollars. Their earnings are what I stated.
You may not care where F1 races, but I do. There are tracks that have been lost from the calendar that I found much more interesting than many of the replacements. JR |
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