23 Apr 2020, 16:05 (Ref:3972405)
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#1723
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Race Official
20KPINAL
Join Date: Jul 2008
Posts: 23,226
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Quote:
Originally Posted by Armco Bender
Was just watching an old documentary about F1.Bernie was in it and said in the '70s he offered 10 F1 teams a stake in the TV rights for $100,000 for a 10% share.They all turned him down,so he bought them and the rest is history.
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I wonder why they didn't buy a stake in the TV rights? Maybe they didn't see the potential of TV coverage as a revenue stream?
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