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Old 13 Jul 2017, 11:23 (Ref:3750900)   #76
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Originally Posted by S griffin View Post
I just hope they sit down and find a solution, a great GP is at stake here.
They will.

It's just a small matter of cleaning up a fairly large amount of doggy poop left behind by a stray St Bernard, with some specially formulated Liberty branded anti-bacterial poop wipes.


The British GP at Silverstone is here to stay for a while yet.
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Old 13 Jul 2017, 19:18 (Ref:3750991)   #77
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Originally Posted by littleman View Post
OK, lets analyse what the BRDC, or any other GP promoter has to sell.

1: A one make GP3 race of identical cars: Spectator value 4 out of 10
2: A one make GP2 race of identical cars: Spectator value 6 out of 10
3: A one make Porsche 911 race: Spectator value 4 out of 10

4: An F1 race for 20 cars, 14 of which have no chance of winning: Value 8 of 10

Average Spectator value of races: 5.5 out of 10

If you factor in atmosphere,occasion,heritage etc,etc you may reach a value of 7 out of 10.

Does the price of hosting a GP represent value for money -in my view No.
Can you turn a profit on the product you're selling - Again, in my view No.

Is the asking price for a GP by BE/Liberty too high.....I would say Yes
Personally I'd give the 911 race the 8 out of 10.......
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Old 13 Jul 2017, 20:15 (Ref:3751001)   #78
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I'd like to see the BTCC back on the bill.
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Old 13 Jul 2017, 20:22 (Ref:3751004)   #79
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I just want to go on record to say I hate Liberty Media. They will ruin your favorite things to make a buck. I seen it.

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Personally I'd give the 911 race the 8 out of 10.......
Yeah, the Supercup races used to be awesome. I haven't seen one in many years. Do they still let the guest driver get trounced?
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Old 14 Jul 2017, 08:56 (Ref:3751100)   #80
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Yeah, I'd give the Porsche SuperCup 8/10 too but I've tried to value each race through the eyes of a promoter and the average punter.

Without the F1 race I think you'd struggle to attract 10,000 through the gates.
I'm convinced the BRDC would be financially better off if they hosted a Coldplay or Adele concert!
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Old 14 Jul 2017, 09:51 (Ref:3751108)   #81
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BBC breaking news that the owners have confirmed that the break clause has been activated.

BBC Link. Apologies if this is Geolocked

On Autosport website as well.
I don't believe for one minute that this race will disappear..
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Old 14 Jul 2017, 10:50 (Ref:3751119)   #82
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Well it seemed the London event went off alright, so I'd say a bit more promotion like this will bring them in
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Old 14 Jul 2017, 11:11 (Ref:3751129)   #83
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BRDC chairman John Grant:
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We sustained losses of £2.8m in 2015 and £4.8m in 2016, and we expect to lose a similar amount this year.
Something definitely awry when one of the most popular races on the F1 calendar loses money year after year. I mean the broadcast revenues alone! Old(er) info now but I remember a statistic that some 360 million people worldwide watch every Formula 1 race. How can you not make sense of that!?

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It's just a small matter of cleaning up a fairly large amount of doggy poop left behind by a stray St Bernard,
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Old 14 Jul 2017, 11:21 (Ref:3751134)   #84
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BRDC chairman John Grant: Something definitely awry when one of the most popular races on the F1 calendar loses money year after year. I mean the broadcast revenues alone! Old(er) info now but I remember a statistic that some 360 million people worldwide watch every Formula 1 race. How can you not make sense of that!?

As far as I'm aware, the only income the BRDC get from the Grand Prix are the gate receipts. All other income, advertising, broadcast rights etc goes direct to FOM/Liberty Media...
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Old 14 Jul 2017, 11:24 (Ref:3751136)   #85
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Not disagreeing with you VivaGT, too right.
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Old 14 Jul 2017, 11:34 (Ref:3751143)   #86
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Originally Posted by VIVA GT View Post
As far as I'm aware, the only income the BRDC get from the Grand Prix are the gate receipts.
And merchandising, and trade stand fees, and catering, and club memberships, and car parking, and camping, and landing fees, and hospitality box fees etc. etc. etc.
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Old 14 Jul 2017, 14:47 (Ref:3751186)   #87
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Originally Posted by littleman View Post
Without the F1 race I think you'd struggle to attract 10,000 through the gates.
I'm convinced the BRDC would be financially better off if they hosted a Coldplay or Adele concert!
Time was when non F1 big meetings would get thousands and thousands. The only one that does is the bumper car racing masquerading as the current BTCC.

The TT, WEC were all big crowed pullers.
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Old 14 Jul 2017, 14:58 (Ref:3751194)   #88
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Originally Posted by S griffin View Post
Well it seemed the London event went off alright, so I'd say a bit more promotion like this will bring them in
But that's the whole point, Silverstone fills the grandstands for the GP but the BRDC is still losing money.
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Old 14 Jul 2017, 17:19 (Ref:3751232)   #89
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Interesting bit here from Joe Saward
https://joesaward.files.wordpress.co.../london-gp.pdf

I wouldn't rule out a London GP- the example he quotes would showcase an area of London that people don't widely know, everyone knows London key landmarks, so does a London GP need to run around them?

Maybe post Brexit and keeping the London is open for business message out there is attractive, particularly in a developing business district...

Silverstone will only work in the future if Liberty cuts the fee or 'gives back' some more rights for them to sell - the success of which is dependent on Silverstone being able to monetise them and increaser them at a rate to macth the escalator.
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Old 14 Jul 2017, 18:05 (Ref:3751242)   #90
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The TT, WEC were all big crowed pullers.
50,000 or thereabouts quoted for the April WEC weekend this year.
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Old 14 Jul 2017, 19:08 (Ref:3751256)   #91
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But that's the whole point, Silverstone fills the grandstands for the GP but the BRDC is still losing money.
The problem is the sanction fee. That's why there is no German GP and there hasn't been a French GP since 2008. Monza nearly lost the GP for the same reason. Now with Bernie gone, hopefully Liberty will see some sense. After all they have said they want the traditional European GPs to be at the heart of F1.
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Old 14 Jul 2017, 21:20 (Ref:3751286)   #92
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Agreed, but greater promotion of the event is not what's lacking, though obviously it doesn't hurt.
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Old 15 Jul 2017, 02:54 (Ref:3751327)   #93
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Ee bah gum...tis a longer running saga than Coronation St.
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Old 15 Jul 2017, 06:11 (Ref:3751354)   #94
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Silverstone is I think the only race that doesn't get subsidised by some level of government.Without such a subsidy it is not possible to make a F1 race viable under current arrangements.It was this that caused the demise of Indianapolis.If Liberty make special arrangements for Silverstone 21 race organisers will come knocking at their door probably all together.
I hope Silverstone stays but it is not an easy problem.On Sky coverage on Friday someone said Liberty would take over the race but they needed the venue for 3 weeks for free for set up and pull down.BRDC said no so there goes one option.
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Old 15 Jul 2017, 07:27 (Ref:3751370)   #95
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Well we've got the French and German GPs returning next season, so there's no doubt we're getting a shift back to the old countries that have been around a long time, so I think the British GP will be here to stay
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Old 15 Jul 2017, 10:13 (Ref:3751393)   #96
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liberty were right to point out how obvious it was of silverstone to activate the bail clause in the week before the gp, but did it really create a tide of sensationalist panic? or was it reported in such a way that everyone sees that it's tactical?
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Ee bah gum...tis a longer running saga than Coronation St.
ot, but ee bah gum is the wrong side of the penines for coronation street. bloody aussies
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Old 15 Jul 2017, 11:14 (Ref:3751399)   #97
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ot, but ee bah gum is the wrong side of the penines for coronation street. bloody aussies
And sheep botherers are on the other side of the ditch.

Either us or the Kiwis have to do something about that flag, confuses people!
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Old 15 Jul 2017, 11:33 (Ref:3751403)   #98
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yes, that was kind of the point
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Old 15 Jul 2017, 13:27 (Ref:3751433)   #99
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Silverstone is I think the only race that doesn't get subsidised by some level of government.Without such a subsidy it is not possible to make a F1 race viable under current arrangements.It was this that caused the demise of Indianapolis.If Liberty make special arrangements for Silverstone 21 race organisers will come knocking at their door probably all together.
I hope Silverstone stays but it is not an easy problem.On Sky coverage on Friday someone said Liberty would take over the race but they needed the venue for 3 weeks for free for set up and pull down.BRDC said no so there goes one option.
Re the section I've stressed - doesn't Monaco have a "no-sanction fee" deal?

I think it would be politically very difficult for a UK Government to introduce a subsidy which would effectively be paying Liberty an unjustified chunk of money.......
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Old 15 Jul 2017, 13:42 (Ref:3751447)   #100
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Re the section I've stressed - doesn't Monaco have a "no-sanction fee" deal?
That's not true. Monaco GP does pay a race hosting fee. That fee however.. is very low. The lowest fee paid by any of the host GP's.
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