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mr v, there is the other option, which is that people want to watch because it is F1: it still has the magic pull on people because it is still the one they love. Some might be unhappy with its state at present, others not so.
I think there is often a tendency in the modern world to view things very cynically: whilst it is fair in many situations, less so for issues concerning the emotional side. In respect to F1, people will continue to watch because of what it means to them obove the physical representation it has been given.
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