Quote:
Originally Posted by Mike Harte
It is getting more and more as though BCE and CVC have almost killed the goose that's been laying all their golden eggs as ever more circuits are doubting the wisdom of hosting F1.
In a recent interview in Germany, Mr E acknowledges that now Singapore are questioning whether they will renew their contract when it ends next year. So, circuits that may or may not wish to continue would seem to include Australia, Singapore, Malaysia, Italy, Germany, Britain, Hungary, Canada, USA and Brazil.
It really is beyond time that BCE stopped fleecing the circuits that hold rounds of championship. At the rate that he going, there is a likelihood that there will be no races in any of the traditional circuits.
http://www.motorsport.com/f1/news/si...ne-852227/?s=1 |
I've said it before and I'll say it again, I think that Liberty have bought a pig in a poke, to coin a phrase. Why?
Circuits don't see the value - as you have highlighted. For those that were interested, they think F1 has done it's job and they move onto something else, and you can't be seen to pour tax payers money to support an event with the world's richest brands involved!
I think the masive TV rights money is a thing of the past as contracts expire.
Viewing figures are falling
Younger audience don't watch it
No new manufacturers entering or even thinking of it - all moving to FE
All this 'monetising' Liberty keep telling us about - how do you monetise something that is already widely covered by the internet - this isn't the 1980's anymore whereby if you didn't see the race you had to wait for Motorsport News to report it on Wednesday
Car makers are moving quicky to zero emmisions as legislation is implemented, so F1 will be irrelevant.
Honestly, I think F1 has 10-15 years left in total before it is either merged with FE or simpy disappears and during that time it will be a dimishing return as it's core audience moves away and frankly dies out.